Tuesday, January 3, 2012

Accelrys Buys VelQuest

San Diego-based Accelrys announced this morning that it has acquired VelQuest Corporation, a developer of quality control and lab management software for the pharmaceutical development industry. Accelrys said it paid $35M in cash for VelQuest. VelQuest is based in Hopkinton, Mass. VelQuest's products are used for managing Good Manufacturing Practices (cGMP) for FDA-regulated industries including pharmaceuticals and biotechnology organizations.

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