Bruker (BRKR) Announces Completion of Oncovision's Preclinical PET Imaging Business Acquisition

November 22, 2016 7:05 AM EST

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Bruker (Nasdaq: BRKR) announced that it has completed the acquisition of the preclinical PET imaging business of Oncovision, a leading provider of innovative medical imaging devices. Bruker had previously announced an agreement to acquire this business in September 2016. Financial terms were not disclosed.

The recently introduced, next-generation AlbiraSiā„¢ preclinical PET/SPECT/CT system features advanced silicon photomultiplier (SiPM) technology. This proprietary detector technology allows the highest full field-of-view PET resolution and sensitivity, a major advantage over traditional PET technology. This innovation has also allowed the development of the first SiPM-based PET insert for preclinical MRI systems, giving researchers the benefit of simultaneous PET and MRI measurements.

Dr. Wulf I. Jung, President of Bruker's Preclinical Imaging Division, stated: "PET imaging is one of the most important imaging modalities for translational research. With this acquisition Bruker is strengthening its leadership in preclinical imaging. The unique, performance-leading SiPM PET detector technology, and other PET capabilities developed in close collaboration with the molecular imaging institute I3M and the University of Valencia, offer outstanding spatial resolution across the full field of view (FOV), increasing the high-resolution FOV by an order of magnitude compared to traditional PET systems, and thereby facilitating quantitative imaging investigations."

Frank H. Laukien, Ph.D., President and CEO of Bruker Corporation, commented: "Bruker continues to invest and position itself for sustainable growth in the important preclinical imaging market. We are very pleased with this advanced technology acquisition, and believe that our unique PET/MRI and PET/SPECT/CT systems will significantly advance quantitative, highest resolution PET translational research."

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