Certara Completes Acquisition of Chemaxon
02 Octubre 2024 - 3:15PM
Certara, Inc. (Nasdaq: CERT), a global leader in model-informed
drug development, today announced it has completed the acquisition
of Chemaxon.
Chemaxon develops leading scientific informatics software
products used by the life sciences industry for in-silico research.
Certara develops advanced modeling and biosimulation solutions used
to predict the pharmacokinetic and pharmacodynamic properties of
large and small molecules.
"Combining Chemaxon’s expertise with Certara’s biosimulation
capabilities provides life sciences companies with unique solutions
to enhance productivity and increase their scientific innovation
success rates,” said William Feehery, Certara’s CEO. “Together, we
offer scientists more precise insights throughout drug discovery
and development.”
Near-term priorities for the combined
organization include incorporating precision chemistry structures,
calculators, and predictors into the Certara D360 scientific
informatics applications and Simcyp™ PBPK Simulator for improved
prediction accuracy. Longer-term plans include leveraging
Certara.AI’s life sciences specialized GPT capabilities and
bringing knowledge of pharmacokinetics and pharmacodynamics more
broadly into the drug discovery process and Chemaxon products
including Design Hub and JChem Engines.
“Our teams are excited to have an even greater impact on drug
discovery and development practices,” said Richard Jones, Chemaxon
CEO. “As pipelines shift to precision medicine therapies, accurate
scientific predictions and biosimulation are more crucial to
success than ever.”
In 2024, Chemaxon is expected to generate software revenue
greater than $20 million. Certara will update its 2024
guidance to include the contribution from Chemaxon when the Company
reports third-quarter earnings in November.
A “frequently asked questions” document regarding the
transaction is available on the Company’s investor relations
website.
About Certara
Certara accelerates medicines using biosimulation software,
technology, and services to transform traditional drug discovery
and development. Its clients include more than 2,400
biopharmaceutical companies, academic institutions, and regulatory
agencies across 66 countries. Learn more at certara.com.
About Chemaxon
Chemaxon is a leading cheminformatics company that provides
platforms, applications, and solutions to handle chemical entities
in life sciences, biotechnology, agrochemicals, new materials,
education, and other research industries. Its products and services
help the capture and processing of chemical information that
increases its value and results in more efficient decision-making
for life sciences and other R&D environments. Learn more at
chemaxon.com.
Certara Contact: Sheila
Rocchio sheila.rocchio@certara.com
Media Contact: Alyssa
Horowitz certara@pancomm.com
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