Bioscience
Entelos, Inc. Acquires Iconix Biosciences, Inc.
Published in Lab Business Week, September 23rd, 2007
Foster City, CA Entelos, Inc. (LSE: ENTL), a leading life sciences company that leverages its proprietary in silico disease models, known as PhysioLab(R) platforms, to develop drugs and support pharmaceutical R&D, is pleased to announce that it has entered into an agreement to acquire Iconix Biosciences, Inc. ("Iconix"), a privately held predictive toxicology company located in Mountain View, California, in an all-share transaction. The expected effective date of the acquisition is 31 August 2007.
"We believe the combination of our predictive efficacy models with Iconix's toxicology expertise can create a new paradigm for discovering and developing drugs," commented...
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Source: Lab Business Week (2007-09-23)
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