BIOVIA

Last updated
BIOVIA
Type Subsidiary
Nasdaq: DASTY
Industry Life sciences, materials science, CPG, automotive, aerospace, energy, academic, manufacturing, technology
Founded2001
Headquarters San Diego, California, US
Cambridge, UK
Tokyo, Japan
Key people
Jason Benedict (CEO)
Jason Gray, General Counsel
Leif Pedersen, Senior Vice President of Marketing, Product Management and Corporate Development
RevenueUS$155 million
Number of employees
700+
Website www.3ds.com/biovia

BIOVIA is a software company headquartered in the United States, with representation in Europe and Asia. It provides software for chemical, materials and bioscience research for the pharmaceutical, biotechnology, consumer packaged goods, aerospace, energy and chemical industries.

Contents

Previously named Accelrys, it is a wholly owned subsidiary of Dassault Systèmes after an April 2014 acquisition [1] and has been renamed BIOVIA. [2]

History

Accelrys was formed in 2001 as a wholly owned subsidiary of Pharmacopeia, Inc. [3] from the fusion of five companies: Molecular Simulations Inc., Synopsys Scientific Systems, Oxford Molecular, the Genetics Computer Group (GCG), and Synomics Ltd.[ citation needed ] MSI, itself a result of the combination of Biodesign, Cambridge Molecular Design, Polygen and, later, Biocad and Biosym Technologies. [4]

In late 2003, Pharmacopeia, Inc. separated its drug discovery and software development businesses. The drug discovery company retained the name Pharmacopeia and remained in Princeton, New Jersey, with ~170 employees. The software company, with ~530 employees and 2002 revenue of $95.1 million, would move to San Diego, California. [5]

In 2004, Accelrys acquired SciTegic, producer of the Pipeline pilot software. [6]

On December 22, 2005, Accelrys, Inc. announced to restate its historical financial statements, to reflect changes to the timing of revenue recognition on certain historical term-based contracts, substantially all of which were entered into prior to January 2004. [7]

Accelrys managed a nanotechnology consortium producing software tools for rational nanodesign from 2004 to 2010. [8]

In 2010, Symyx Technologies was merged with Accelrys. [9]

In May 2011, the company acquired Contur Software AB, an electronic lab notebook software firm. [10]

In January 2012, Accelrys acquired VelQuest, a maker of pharmaceutical and medical device-related software, for $35 million in cash. [11]

In May 2012, Accelrys purchased Hit Explorer Operating System (HEOS) - a SaaS system that provides groups with project information in the cloud and access to biological assay results, analytics, chemical registration and pharmacokinetics data - from Scynexis. [12]

In October 2012, Accelrys acquired Aegis Analytical Corp. for $30 million in cash, expanding Accelrys’ reach for customers in the move from the lab to the manufacturing floor. [13] The company's Discoverant software aggregates and analyzes manufacturing, quality and development data to allow manufacturers for quality by design. [14]

In January 2013, Accelrys acquired Swiss biosciences systems integrator Vialis AG for $5 million in cash. [14]

In September 2013, Accelrys acquired Environmental Health & Safety (EH&S) compliance provider ChemSW. [15]

On January 30, 2014 Dassault Systèmes of France announced the acquisition of Accelrys in an all-cash tender offer for at $12.50 per share, representing a fully diluted equity value for Accelrys of approximately $750 million. After the acquisition, Accelrys was renamed BIOVIA. [2]

Products

Commercial versions of otherwise academically licensed programs:

Karplus of Harvard University, Michael Levitt of Stanford University and Arieh Warshel of the University of Southern California were awarded the 2013 Nobel Prize in chemistry for their work in modeling and simulation including CHARMM. [18]

See also

Other institutions developing software for computational chemistry:

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References

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  3. "SEC FORM 8-K". 29 Jun 2001. Retrieved 28 May 2014.
  4. "Accelrys - Informatika & Komputer - 1 3065 - p2k.unkris.ac.id". p2k.unkris.ac.id. Retrieved 2023-07-04.
  5. "PHARMACOPEIA TO SPIN OFF DRUG-DISCOVERY BUSINESS". The New York Times . 19 Dec 2003. Retrieved 28 May 2014.
  6. "Accelrys company information". Archived from the original on 2010-01-09. Retrieved 2008-11-16.
  7. "Accelrys to Restate Financials".
  8. Nanotechnology Consortium Archived 2010-12-12 at the Wayback Machine . Accelrys.
  9. "Accelrys to merge with Symyx Technologies". San Diego Union-Tribune. 5 April 2010. Retrieved 2020-06-11.
  10. "Accelrys Acquires Contur Software for $13.1M". GenomeWeb. 24 May 2011. Retrieved 2020-06-11.
  11. "Accelrys Picks Up VelQuest with $35M to Bolster Informatics Offerings". Genengnews.com. 3 January 2012. Retrieved 2012-08-19.
  12. Ryan McBride (2012-05-21). "Accelrys snaps up discovery software from Scynexis". FierceBiotechIT. Retrieved 2012-08-19.
  13. "ACCELRYS BUYS AEGIS ANALYTICAL FOR $30M | UTSanDiego.com". Archived from the original on 2014-05-29. Retrieved 2012-10-30.
  14. 1 2 "Accelrys Inc. Acquires Vialis AG for $5M". SanDiegoBusJournal. 15 Jan 2013. Retrieved 29 May 2014.
  15. http://www.pharmamanufacturing.com/industrynews/2013/338/
  16. "Accelrys Announces Enterprise Platform". Sdcexec.com. 2012-04-20. Retrieved 2012-08-19.
  17. "Accelrys Offers New Integrated Accelrys Process Management and Compliance Suite | Products | Manufacturing Business Technology". Archived from the original on 2012-11-05. Retrieved 2012-09-20.
  18. "Models of success".