Building on strong foundations
This acquisition builds upon an established partnership – we've collaborated closely with both teams for years, particularly through various EU-funded projects such as eTRANSAFE. Molecular Networks (based in Germany) and Altamira (based in the US) are recognised innovators in the cheminformatics field, having developed sophisticated scientific software for in silico profiling and evaluation of chemical compounds.
Enhancing our collective capabilities
By welcoming MN-AM into our organisation, we’re strengthening our ability to serve the chemical, biotechnology, pharmaceutical, and cosmetics industries. Their respected ChemTunes·ToxGPS system, which provides new animal-free approaches for chemical safety and risk assessment has become an integral tool for safety assessments in the cosmetics industry. The platform is built on comprehensive datasets developed in collaboration with the FDA and EU SEURAT-1 Research Initiative through the COSMOS project.
Continuity and growth
We want to assure all our partners that existing collaborations, products, and support will continue unchanged. As we gradually integrate our solutions, you’ll see even more value designed to better serve our collective members and clients.
Our CEO, Chris Barber, shared his perspective: “We have worked alongside Molecular Networks and Altamira for a number of years. I’ve always been impressed with their approach and their scientific software products. This is a great opportunity, which will benefit our collective community, alongside supporting our charitable purpose of advancing chemical safety science and reducing the need for animal testing.“
MN-AM’s former CEO Chihae Yang added: “We are thrilled to join Lhasa Limited. We share a common vision and mission with Lhasa, to provide high-quality scientific software products and services that support the scientific community and society. I look forward to working together to realise the full potential of in silico approaches for assessing the safety of chemicals.“
In addition to their solutions, we are thrilled to welcome Professor James F. Rathman – one of Altamira’s founders – to our scientific advisory board, to guide the direction of our computational modelling systems and support our purpose – to inform decision-making on chemical safety.
Join us at SOT
Our team and MN-AM will be at the upcoming Society of Toxicology (SOT) meeting. You’ll find us at booths 1500 (Lhasa) and 530 (MN-AM), working together and showcasing our collaboration in action. Stop by to meet the teams and get to know Lhasa and MN-AM.
Looking forward
We’re excited about the opportunities this collaboration will bring to the industry. By combining our expertise and resources, we’re better positioned to address your chemical safety challenges and advance our shared scientific goals.
For more information about the acquisition, please contact our team here.
Last Updated on February 14, 2025 by lhasalimited
