By Uduak Grace Thomas

MolecularHealth, which recently changed its name from Life Biosystems, launched its first product this week: Molecular Analysis of Side Effects, or MASE, a software-as-a-service offering for use in drug safety assessment and prediction.

The company has also opened a new office in New York that will be headed by Jeffrey Marrazzo, the company's chief business officer. This new location adds to the company's operations in Basel, Switzerland; Heidelberg, Germany; and Houston, Texas.

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