Accelrys Buys VelQuest for $35M to Tap Into Market for Regulatory Compliance Software | GenomeWeb

By Uduak Grace Thomas

Accelrys has acquired privately held VelQuest, a developer of software systems for use in federally regulated lab environments, for $35 million.

The all-cash acquisition will allow Accelrys to extend its product portfolio beyond research and development into late-stage product development and quality control, where compliance with the US Food and Drug Administration's Good Manufacturing Practices is required, the company said.

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