We've updated our Privacy Policy to make it clearer how we use your personal data. We use cookies to provide you with a better experience. You can read our Cookie Policy here.

Advertisement

CLC bio Acquires the Drug Discovery-software Company Molegro

Listen with
Speechify
0:00
Register for free to listen to this article
Thank you. Listen to this article using the player above.

Want to listen to this article for FREE?

Complete the form below to unlock access to ALL audio articles.

Read time: Less than a minute

"We have always had a strong focus on the science behind our software, and joining CLC bio allows us to become part of a strong analysis platform and focus even more on developing the next generation of molecular docking products." says CEO at Molegro, René Thomsen, PhD, and continues, "CLC bio has demonstrated the capability to build an elaborate analysis platform and distribute it internationally, and exactly that competence is the best way to take the features of Molegro's software to the next level."

"Since 2005, Molegro has demonstrated the ability to develop and support superior molecular docking products. We look forward to adding the very talented people from Molegro to our team at CLC bio." states CEO at CLC bio, Thomas Knudsen, and adds, "This acquisition underlines our dedication to always look for the most viable ways to enhance our analysis platform for the benefit of our customers."

In the coming years, CLC bio will invest significant resources into the continued development of the acquired protein-ligand docking and data modeling software. All existing Molegro customers with an active support and software upgrade contract have been transferred to CLC bio. Effective immediately, Molegro will become part of CLC bio's organization at their Aarhus, Denmark, headquarters. The financial terms of the transaction were not disclosed.