12 Best Medical Device Stocks to Invest In Now

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7. Bruker Corporation (NASDAQ:BRKR)

Number of Hedge Fund Holders: 42

Bruker Corporation (NASDAQ:BRKR) ranks among the best medical device stocks to invest in. Bruker Corporation (NASDAQ:BRKR) reported on October 3 that it had received new orders for advanced Nuclear Magnetic Resonance (NMR) instruments from three major US research organizations. The orders, valued at nearly $10 million, were from the New York Structural Biology Center (NYSBC), the University of Delaware, and Northwestern University.

NYSBC has placed an order for the first Multifield NMR Relaxometry System in North America. In contrast, NSF funding has been used to acquire a 600 MHz Dynamic Nuclear Polarization NMR spectrometer for the Department of Chemistry and Biochemistry at the University of Delaware.

Meanwhile, Northwestern University’s Integrated Molecular Structure Education and Research Center has placed an order for an 800 MHz NMR spectrometer, which will assist more than 15 NIH-funded research groups and the broader Chicago research community.

Bruker Corporation (NASDAQ:BRKR), a leading American manufacturer of high-performance scientific equipment, focuses on tools for molecular and materials research, as well as industrial analysis.

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