AG˹ٷ

STOCK TITAN

10x Genomics Announces Patent Litigation Settlement Agreement with Bruker

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

10x Genomics (TXG) has reached a comprehensive settlement agreement with Bruker Corporation to resolve all worldwide patent litigation disputes. Under the settlement terms, Bruker will pay $68 million in equal quarterly installments between Q3 2025 and Q2 2026, plus ongoing royalties on spatial biology product sales throughout the licensed patents' duration. The agreement includes global patent cross-licenses and complete withdrawal of all legal proceedings in the United States, Germany, and the European Unified Patent Court.

10x Genomics (TXG) ha raggiunto un accordo di transazione completo con Bruker Corporation per risolvere tutte le controversie legate a cause brevettuali a livello mondiale. Secondo i termini dell'accordo, Bruker pagherà 68 milioni di dollari in rate trimestrali uguali tra il terzo trimestre 2025 e il secondo trimestre 2026, oltre a royalties continue sulle vendite di prodotti di biologia spaziale per tutta la durata dei brevetti concessi in licenza. L'accordo prevede licenze incrociate globali sui brevetti e il ritiro completo di tutte le azioni legali negli Stati Uniti, in Germania e presso la Corte Unificata dei Brevetti Europea.

10x Genomics (TXG) ha alcanzado un acuerdo de conciliación integral con Bruker Corporation para resolver todas las disputas de litigios de patentes a nivel mundial. Según los términos del acuerdo, Bruker pagará 68 millones de dólares en cuotas trimestrales iguales entre el tercer trimestre de 2025 y el segundo trimestre de 2026, además de regalías continuas sobre las ventas de productos de biología espacial durante la vigencia de las patentes licenciadas. El acuerdo incluye licencias cruzadas de patentes a nivel global y la retirada completa de todos los procedimientos legales en Estados Unidos, Alemania y el Tribunal Unificado de Patentes Europeo.

10x Genomics (TXG)Bruker Corporation� � 세계 특허 소송 분쟁� 모두 해결하기 위한 포괄적인 합의� 도달했습니다. 합의 조건� 따라 Bruker� 2025� 3분기부� 2026� 2분기까지 동등� 분기� 할부� 6,800� 달러� 지�하며, 라이선스� 특허 기간 동안 공간 생물� 제품 판매� 대� 지속적� 로열티도 지급합니다. � 합의에 � 세계 특허 상호 라이선스 � 미국, 독일, 유럽 통합 특허 법원에서� 모든 법적 절차 완전 철회가 포함됩니�.

10x Genomics (TXG) a conclu un accord de règlement global avec Bruker Corporation afin de résoudre tous les litiges relatifs aux brevets dans le monde entier. Selon les termes de l'accord, Bruker versera 68 millions de dollars en versements trimestriels égaux entre le troisième trimestre 2025 et le deuxième trimestre 2026, ainsi que des redevances continues sur les ventes de produits de biologie spatiale pendant toute la durée des brevets sous licence. L'accord inclut des licences croisées mondiales de brevets et le retrait complet de toutes les procédures judiciaires aux États-Unis, en Allemagne et devant la Cour unifiée du brevet européenne.

10x Genomics (TXG) hat eine umfassende Vergleichsvereinbarung mit Bruker Corporation getroffen, um alle weltweiten Patentstreitigkeiten beizulegen. Gemäß den Vergleichsbedingungen wird Bruker 68 Millionen US-Dollar in gleichen vierteljährlichen Raten zwischen dem dritten Quartal 2025 und dem zweiten Quartal 2026 zahlen, plus fortlaufende Lizenzgebühren auf den Verkauf von Produkten der räumlichen Biologie während der Laufzeit der lizenzierten Patente. Die Vereinbarung umfasst globale Patentkreuzlizenzen und den vollständigen Rückzug aller Rechtsverfahren in den USA, Deutschland und dem Einheitlichen Patentgericht der EU.

Positive
  • Settlement brings $68 million in payments to 10x Genomics over 4 quarters
  • Additional ongoing royalties from Bruker's spatial biology product sales
  • Resolution of all global patent disputes strengthens IP position
  • Global patent cross-licensing agreement established
Negative
  • None.

PLEASANTON, Calif., May 14, 2025 /PRNewswire/ -- (岹: TXG), a leader in single cell and spatial biology, today announced that it has reached a settlement agreement with Bruker Corporation, successfully resolving all outstanding worldwide patent litigation and disputes between the two companies. As part of the settlement, 10x expects that Bruker will pay $68 million in equal quarterly installments between the third quarter of 2025 and the second quarter of 2026, as well as ongoing royalties on sales of its spatial biology products through the life of the licensed patents. 

"At 10x, we've always believed that bold, original science must be protected, not just for the benefit of a company, but for the entire scientific ecosystem," said Serge Saxonov, CEO of 10x Genomics. "It is our responsibility to defend our intellectual property to fuel innovations that will advance science and human health. We are very happy with the outcome and its validation of our strategy. It reinforces our deep commitment to innovation, bringing great products to market and supporting our customers every step of the way."

Eric Whitaker, Chief Legal Officer added, "This settlement really demonstrates the value of 10x's broad intellectual property portfolio and the fundamental importance of those inventions for spatial biology. We're pleased to conclude these matters on strong terms that support our mission and allow us to continue to invest in future breakthroughs."

The settlement includes global patent cross-licenses and a complete withdrawal of all legal proceedings, including those in the United States, Germany and before the European Unified Patent Court.

About 10x Genomics

10x Genomics is a life science technology company building products to accelerate the mastery of biology and advance human health. Our integrated solutions include instruments, consumables and software for single cell and spatial biology, which help academic and translational researchers and biopharmaceutical companies understand biological systems at a resolution and scale that matches the complexity of biology. Our products are behind breakthroughs in oncology, immunology, neuroscience and more, fueling powerful discoveries that are transforming the world's understanding of health and disease. To learn more, visit or connect with us on , , , or .

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. All statements included in this press release, other than statements of historical facts, may be forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "might," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "see," "estimate," "predict," "potential," "would," "likely," "seek" or "continue" or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include statements regarding litigation and the anticipated impacts of the settlement and license agreements with Bruker. These statements are based on management's current expectations, forecasts, beliefs, assumptions and information currently available to management. Actual outcomes and results could differ materially from these statements due to a number of factors and such statements should not be relied upon as representing 10x Genomics, Inc.'s views as of any date subsequent to the date of this press release. 10x Genomics, Inc. disclaims any obligation to update any forward-looking statements provided to reflect any change in 10x Genomics' expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. The material risks and uncertainties that could affect 10x Genomics, Inc.'s financial and operating results and cause actual results to differ materially from those indicated by the forward-looking statements made in this press release include those discussed under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the company's most recently-filed 10-Q for the fiscal quarter ended March 31, 2025 and 10-K for the fiscal year ended December 31, 2024 and elsewhere in the documents 10x Genomics, Inc. files with the Securities and Exchange Commission from time to time.

Disclosure Information

10x Genomics uses filings with the Securities and Exchange Commission, its website (), press releases, public conference calls, public webcasts and its social media accounts as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Contacts

Investors: [email protected]
Media: [email protected]

Cision View original content to download multimedia:

SOURCE 10x Genomics, Inc.

FAQ

What is the settlement amount between 10x Genomics (TXG) and Bruker?

Bruker will pay 10x Genomics $68 million in equal quarterly installments between Q3 2025 and Q2 2026, plus ongoing royalties on spatial biology product sales.

When will TXG receive the settlement payments from Bruker?

The $68 million settlement will be paid in equal quarterly installments starting Q3 2025 through Q2 2026.

What does the patent settlement between 10x Genomics and Bruker include?

The settlement includes global patent cross-licenses, ongoing royalties on spatial biology products, and withdrawal of all legal proceedings in the US, Germany, and European Unified Patent Court.

How will the Bruker settlement affect 10x Genomics (TXG) financially?

10x Genomics will receive $68 million in quarterly payments plus ongoing royalties from Bruker's spatial biology product sales through the life of the licensed patents.
10X Genomics, Inc.

NASDAQ:TXG

TXG Rankings

TXG Latest News

TXG Stock Data

1.60B
108.93M
2.14%
96.93%
11.26%
Health Information Services
Laboratory Analytical Instruments
United States
PLEASANTON