Accelrys Acquires GMP Software Company
VelQuest’s products include the SmartLab electronic lab notebook, SmartBatch electronic batch record software and gmpLIMS. According to Accelrys, this software enables analysts, reviewers and supervisors to manage lab testing procedures with cGMP compliance in a paperless environment. Accelrys plans to apply VelQuest solutions to other industries. VelQuest has 60 employees, according to the Worcester Business Journal.
San Diego, CA 1/3/12—Scientific enterprise R&D software firm Accelrys has purchased VelQuest for $35 million in cash. VelQuest provides paperless lab execution systems that support GMP for industries regulated by the FDA. Accelrys stated that the acquisition extends its software offerings into downstream pharmaceutical development QA/QC. “VelQuest’s strong products and proven domain expertise in compliance-intensive laboratory operations expand our ability to meet our life sciences customers’ critical needs in late-stage development, quality control and production,” commented Accelrys President and CEO Max Carnecchia. Accelrys has retained all key members of VelQuest’s management team. The acquisition is expected to be slightly dilutive to 2012 non-GAAP net income per share.