MN-AM Company (Molecular Networks GmbH and Altamira LLC) is acquired by Lhasa Limited, the Leader in Decision Making Software for In Silico Chemical Safety

MN-AM Company (Molecular Networks GmbH and Altamira LLC) is acquired by Lhasa Limited, the Leader in Decision Making Software for In Silico Chemical Safety

January 30, 2025 – MN-AM Company, Molecular Networks GmbH (MN) in Nürnberg Germany and Altamira LLC (AM) in Columbus Ohio USA, announced on January 30th 2025 their acquisition by Lhasa Limited.
Lhasa, a UK not-for-profit organisation, creates world-leading in silico solutions that support chemical safety decision making. This acquisition will enhance growth of MN-AM’s innovative scientific solutions, and team in chemoinformatics and computational toxicology.
Dr. Chihae Yang, the founder of MN-AM and its flagship product ChemTunes•ToxGPS®, says: “This is a great step forward to ensure future sustainability for our people, products, clients and collaborators. For more than three decades, I’ve valued relationships and collaborations with Lhasa. Through earlier mutual commitments in establishing standards for toxicity databases and predictions, and during more recent involvement in numerous EU projects, we’ve come to appreciate the mutual respect and collaborative spirit.”
Professor James Rathman, the co-founder of Altamira and Professor of Chemical and Biomolecular Engineering at Ohio State University, says, “I am excited about the knowledge exchange that will come from this acquisition given our common and complimentary scientific and technological areas of expertise.”
As a not-for-profit organisation and educational charity Lhasa is governed by a board of trustees. Following the acquisition, Professor Rathman will join Lhasa’s scientific advisory board.
“Having collaborated closely with Molecular Networks and Altamira over many years, I’ve consistently been impressed by their scientific excellence and innovative approaches. By joining forces, our complementary expertise and scientific software solutions will create exciting possibilities for our global community.” – commented Dr. Chris Barber, CEO of Lhasa Limited – “I’m particularly excited about MN-AM initiatives like COSMOS Next Generation, which aligns well with our charitable purpose.”
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