Albuquerque, NM; Toronto, ON (August 19, 2004) – Access Innovations and Advanced Chemistry Development, both information management specialists serving the chemical, pharmaceutical, and related industries worldwide, said today that they have formed an alliance to integrate two of their software products used extensively in chemical research.
The integration of Access Innovations’ MAI-Chem™ chemical name identification and search system and Advanced Chemistry Development’s Name To Structure software will be a boost for chemical researchers, enabling them to more readily convert variations of chemical names found in large sets of data (such as a database of patent records) into visualizations of those chemical structures, and to then use the images as a tool for a wide range of research, business, and intellectual property management pursuits.
The companies said they will seek to develop a common interface for the two software products, and to jointly market the integrated products to each company’s customers worldwide.
“This is a win-win for both of our companies and more importantly, for the chemical researchers and business managers we both serve,” said Marjorie M.K. Hlava, Access Innovations Chairman and President. “Integrating the two products will allow our users to accomplish more – and more quickly and with greater accuracy – across a wide range of chemical information and research management tasks.”
Hlava noted that chemical research impacts numerous business functions, such as new product development, competitive intelligence, legal protection, marketing, and others.
Anthony Williams, vice president and head of Advanced Chemistry Development’s scientific development and marketing, added that the two companies anticipate robust acceptance of the enhanced joint product offering.
“Both the chemical and pharmaceutical industries face demands for accelerated product development cycles. While doing so, they also have an imperative to be proactive in both the management and mining of their intellectual property,” Williams said. “There is a real need to increase the productivity of research activities, and the integration of our products may be catalytic.”
Access Innovations’ MAI-Chem is a chemical name identification system that gives researchers and information managers the ability to find and index, or tag, documents that contain variations of chemical names and compounds buried in large collections of electronically stored information, such as a database of patent documents, collections of in-house technical reports or an archive of professional journal articles. It features a proprietary taxonomy that creates associations among words and phrases, along with a tool to index and categorize text through a sophisticated multi-phase approach.
In addition to the chemical and pharmaceutical industries, both MAI-Chem and Name To Structure are used by organizations and departments in the agricultural, chemical, geological, petrochemical, and related fields, as well as academia, government agencies and professional service providers working in those arenas.
The two companies did not announce a deadline for their collaborative efforts.
About Access Innovations, Inc.
Founded in 1978, the privately owned Access Innovations, Inc. offers an extensive line of information management and database construction services for academic institutions, government agencies, and industry. The company’s suite of Data Harmony products provides tools and services to publishers, both primary and secondary, and to database producers, online and web-based directory publishers, corporate libraries, web portals, and to corporations and associations with large intranets. The Data Harmony suite includes Thesaurus Master™, M.A.I.™, XIS™ – the XML Intranet System, and more than 40 Knowledge Domains (taxonomies and rules bases for license). The company’s NewsIndexer™ service, used to track news reports published around the world in electronic media, utilizes a specialized vocabulary of terms reflecting the media’s evolving vernacular.
Access Innovations is based in Albuquerque, New Mexico, with European offices in the Netherlands and affiliates in China, the Philippines, and India.
About Advanced Chemistry Development
Advanced Chemistry Development (ACD/Labs) is a chemistry software company offering solutions that truly integrate chemical structures with analytical chemistry information. ACD/Labs creates innovative software packages that aid chemical research scientists worldwide with spectroscopic validation of structures, elucidation of unknown substances, chromatographic separation, medicinal chemistry, preformulation of novel drug agents, and chemical patenting and publication. Combined, ACD/Labs’ solutions create an analytical informatics system that provides dramatic feed-forward effects on the chemical research process. Founded in 1993, and headquartered in Toronto, Canada, ACD/Labs employs a team of over 100 dedicated individuals whose continual efforts carry ACD/Labs’ innovative technologies into pharmaceutical, biotech, chemical, and materials companies throughout the world. Information about Advanced Chemistry Development and its products can be found at www.acdlabs.com.