Skip to main content
Premium Trial:

Request an Annual Quote

IDBS Acquires Quantrix to Include Modeling and Analytics Tools in its Life Science Offerings


IDBS said this week that it has acquired Quantrix, a business modeling and analytics company, in an all-cash transaction.

Under the terms of the acquisition, Quantrix will continue to operate as an independent business from its offices in Portland, Maine, and Chris Houle will stay on as CEO.

The financial terms of the acquisition were not disclosed. Both firms are privately held.

Quantrix provides business modeling and analytics software and services to customers in more than 50 countries. The company's Quantrix Modeler lets users explore multiple dimensions simultaneously, define formulas with words rather than coordinates, and create new scenarios without rewriting or restructuring models.

IDBS called the acquisition a "strategic step forward" and noted that the Quantrix technology is already licensed for use within IDBS E-WorkBook Suite, which lets users capture and store their research data.

Neil Kipling, CEO of IDBS, said that the "transaction allows us to accelerate the introduction of advanced modeling and analytics tools into our solutions … in pharmaceutical and healthcare informatics, such as translational medicine and preclinical development."

IDBS acquired InforSense, a high performance computing and large scale data mining company; in a similar all-cash transaction last year to boost its data integration and analysis offerings in the life science space.

The Scan

Two J&J Doses

Johnson & Johnson says two doses of its SARS-CoV-2 vaccine provides increased protection against symptomatic COVID-19, CNN reports.

Pfizer-BioNTech Vaccine Response in Kids

The Pfizer-BioNTech SARS-CoV-2 vaccine in a lower-dose format appears to generate an immune response among children, according to the Washington Post.

Chicken Changes to Prevent Disease

The Guardian writes that researchers are looking at gene editing chickens to help prevent future pandemics.

PNAS Papers on Siberian Dog Ancestry, Insect Reproduction, Hippocampal Neurogenesis

In PNAS this week: ancestry and admixture among Siberian dogs, hormone role in fruit fly reproduction, and more.