Frankfurt/Main – Nasdaq-listed Bruker Corporation has announced a strategic investment in NovAliX, a preclinical Contract Research Organisation (CRO) specialising in drug discovery services that is headquartered in Strasbourg, France. The NovAliX Group has subsidiaries in countries including France, Belgium, Spain, the US, Tunisia and Japan. Bruker’s aim in making this investment is to accelerate the growth and further expansion of NovAliX, particularly within Europe and the United States. Bruker and NovAliX intend to collaborate on developing new paradigms in drug discovery by leveraging advanced biophysical methods, particularly NMR, for structural, binding and functional characterisation. The transaction is a milestone in Bruker’s strategy of expanding its position as a partner for high-quality services in the life sciences field.
An international CMS team headed by partner Dr Hendrik Hirsch and counsel Dr Berrit Roth-Mingram advised Bruker on all legal aspects of the transaction. Bruker is a longstanding CMS client. The US company regularly relies on the expertise of CMS when making acquisitions and disposals. The current instruction demonstrates once again the successful international collaboration of the CMS offices. In this case, CMS offices in France, Belgium and Spain were involved. Most recently, a large international team led by CMS partner Dr Hendrik Hirsch advised Bruker on its acquisition of the ELITech Group.
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