Entelos Acquires Iconix to Improve Safety Modeling | GenomeWeb

The future of biosimulation technology could get a boost from a company with a strong presence in providing genomics data in bulk.

At the end of August, Entelos announced that it had acquired Mountain View, Calif.-based Iconix Biosciences in an all-share transaction valued at $8.3 million.

The companies also agreed to a potential earn-out payment of up to $25 million if “certain milestones” are achieved within a year following the close of the deal. This deferred consideration also would be paid in Entelos shares.

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