BISHOP’S STORTFORD, United Kingdom and SAN DIEGO, March 22, 2021 /PRNewswire/ — Insightful Science, a main software program supplier serving the worldwide life sciences group, introduced immediately that it has entered into a transaction to purchase Dotmatics, an business main cloud-based scientific R&D knowledge administration platform.
By integrating Insightful Science’s software program purposes into Dotmatics cloud-first enterprise knowledge administration resolution, the corporate will present an end-to-end scientific analysis platform. This mixture additional improves laboratory effectivity and accelerates the tempo of scientific innovation by facilitating extra fast knowledge entry, evaluation and trade between scientists world wide.
Insightful Science is a software program firm with purpose-built knowledge evaluation and bioinformatics purposes for all times sciences. The firm portfolio serves a numerous set of 1 million scientists in tutorial, company, and authorities establishments world wide. Examples of merchandise throughout the Insightful Science portfolio embrace GraphPad Prism, Geneious DNA knowledge evaluation options, SnapGene, and different main R&D options.
Dotmatics is an enterprise scientific informatics SaaS supplier that’s driving the digitalization of laboratory knowledge workflows for scientific discovery and innovation throughout the life sciences, chemical compounds and supplies industries.
“This announcement signals a significant transformation in the future of software and data management in research labs,” stated Thomas Swalla, CEO of Insightful Science. “Together our complementary businesses create an end-to-end cloud-first scientific research platform that stands apart in our collective ability to support data-driven research. We are beyond enthusiastic about the impact we can have on increasing the speed of scientific innovation, and ultimately helping to make the world a healthier, cleaner, and better place to live.”
“The number one challenge for pharmaceutical, biotech and chemical innovation companies today is how to manage the enormous volume — and promise — of data generated in labs,” stated Dr Steve Gallagher, Co-founder and CEO of Dotmatics. “This combination allows us to expand investments in our Dotmatics platform and strengthen our brand as a leading enterprise informatics solution provider. We will bring Insightful Science’s leading biologics applications to our customers, further accelerating their discovery processes. In addition, we have the opportunity to bring the Dotmatics cloud and collaboration capabilities to the diverse community of over one million scientists already using Insightful Science tools.”
Digital Transformation to Chart the Course for the Lab of the Future
Scientific analysis and innovation R&D is within the midst of a pivotal transformation. Scientific information and progress in pharmaceutical drug discovery and chemical compounds and supplies innovation is growing at a sooner tempo than ever earlier than. The analysis course of has been remodeled from transactional and course of pushed, to knowledge pushed. As a consequence, scientists require more and more highly effective and built-in informatics instruments to analyze ever-more numerous units of knowledge; and laboratories and corporations want higher workflow and knowledge administration options to assist scientists harness the facility of those insights. Companies that personal the cleanest, finest annotated knowledge to energy their AI analytics and choice making, would be the finest positioned to achieve success on this new paradigm.
Insightful Science is a privately held portfolio firm of Insight Partners, the main international enterprise capital and personal fairness agency investing in high-growth know-how and software program ScaleUp firms.
“The combination of these two entities brings an exciting new solution to market,” stated Jeff Lieberman, Managing Director at Insight Partners. “This announcement and collaboration is a significant opportunity for the life sciences, chemicals and materials industries. We are incredibly optimistic about the future of the company and its clear path to doing for life sciences and chemical innovation what other market-leading platforms have done in engineering, design, and later-stage drug development.”
Alastair Hill, Co-founder and CIO of Dotmatics added, “Since initial growth equity investment by Scottish Equity Partners (SEP), we have been supported to make incredible progress in scaling our business and driving product innovation. We would like to thank them for their support as we enter the next exciting stage in Dotmatics’ development, and Jefferies for advising on the transaction.”
Evercore served as monetary advisor and Willkie Farr & Gallagher LLP served as authorized advisor to Insightful Science on the transaction. Jefferies International Ltd served as advisor to Dotmatics.
Scottish Equity Partners (SEP) is a main European progress fairness agency, investing in enterprise and consumer-focused software program and know-how firms.
Keith Davidson, Partner at SEP stated, “We are pleased to have helped Dotmatics grow into a leading cloud-first scientific R&D data platform. We are excited by the opportunity that lies ahead for the team and wish them every success in the future.”
Subject to the attainment of regulatory clearances, the transaction is predicted to shut in Q2 of 2021. Until closing, the businesses will proceed to function independently.
About Insightful Science
Insightful Science is a life sciences software program firm that digitally connects researchers to their concepts and knowledge, advancing the invention course of. From creating new customized and preventive affected person therapy options to reversing local weather change — greater than two million researchers at main life science and biopharma enterprises belief Insightful Science merchandise to make the world a more healthy, cleaner, and higher place to reside. Products throughout the Insightful Science portfolio had been constructed by distinguished scientists, and embrace GraphPad Prism, Geneious Prime and Geneious Biologics, SnapGene, nQuery, Cytapex, and extra.
Visit www.insightfulscience.com for extra details about the corporate and its merchandise.
About Dotmatics Ltd. www.dotmatics.com
Dotmatics is a scientific informatics software program and companies firm that’s driving the automation of laboratory workflows for discovery and innovation analysis – accelerating the journey in direction of full digitalization and the Lab of the Future.
With a mission to give scientists entry to all of their knowledge, all the time, Dotmatics offers a portfolio of instruments for absolutely automated, end-to-end workflows together with knowledge acquisition, information administration, knowledge storage, and enterprise querying and reporting. Through these complete options, the Company helps its prospects to improve lab effectivity and make higher knowledgeable selections pushed by all knowledge.
Dotmatics’ prospects embrace most of the world’s main pharmaceutical, biotechnology, contract analysis, chemical compounds and supplies firms. Insight into the challenges confronted by these organizations permits Dotmatics to give attention to delivering versatile and intuitive services which have potential to flip across the productiveness deficit in analysis and speed up improvement of novel drug candidates or merchandise.
Dotmatics was based in 2005 by two scientists from Merck Pharmaceuticals (MSD). Since then it has constructed a robust and worthwhile enterprise with an skilled crew of over 300 scientists, software program builders and engineers, and venture managers. The Company is headquartered within the UK with workplaces in USA, Korea and Japan.
SOURCE Insightful Science