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ChemAxon

Full company profile

uuid000b4yi

Namestring
ChemAxon
Legal namestring
Chemaxon Ltd.
Websiteurl
chemaxon.com
Company typeenum
Private
Founded yearint
1998
Descriptiontext

ChemAxon is a cheminformatics software company that builds tools for property calculation, molecule design, chemical drawing, chemical search, and compound data management. Its product suite comprises Marvin (chemical drawing), Design Hub (collaborative molecular design and tracking), Compound Registration (end-to-end chemical registration), Compliance Checker and cHemTS (instant chemical compliance across synthesis, shipping, and storage), JChem Engines (chemical search engine built for databases in the tens of millions), and Discovery Toolkits (cheminformatics SDKs). The platform primarily serves pharmaceutical companies, biotechnology firms, contract research organizations, and academic institutions across 130+ countries. ChemAxon operates under a software licensing, subscription-based revenue model sold via an enterprise field sales motion with consultation-based selling and academic discounts; 750,000+ users at 600+ industry-leading companies use ChemAxon tooling, including Bayer and Cancer Research Horizon.

Following the October 2024 acquisition by Certara, Inc. (NASDAQ: CERT) for $90 million in cash, ChemAxon operates as a wholly-owned subsidiary integrated with Certara's biosimulation, scientific informatics, and AI platforms (Simcyp, Phoenix, D360, Certara.AI). The strategic intent is to close gaps in the design-make-test-analyze cycle by funneling ChemAxon-derived chemistry into Certara's biosimulation and regulatory offerings. Founded in 1998 and headquartered in Budapest, Hungary, ChemAxon had 101-250 employees and was led by CEO Richard Jones following founders Ferenc Csizmadia and Péter Csizmadia; the global chemoinformatics market in which it operates is projected to grow from $4.51B in 2025 to $19.12B by 2035.

Short descriptiontext

ChemAxon is a Hungary-based cheminformatics software company serving 600+ pharmaceutical, biotechnology, CRO, and academic customers across 130+ countries with tools for molecule design, chemical drawing, compound registration, and compliance management. Acquired by Certara for $90 million in October 2024.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersUtica, United States
HQ citystring
Utica
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
cheminformatics software, drug discovery tools, molecular design software, chemical data management, compound registration
Industry3 codes
1Cheminformatics & Molecular Modeling / CADD
CodeHLAGAJAEPrimaryYes
2AI/ML Platforms for Drug Discovery & Experiment Optimization
CodeHLAGAJAOPrimaryNo
3Target Identification & Validation Platforms (omics-driven, chemoproteomics, genetic validation)
CodeHLAAAIAIPrimaryNo
Product category
Cheminformatics Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Software Licensing
TypeSubscription Recurring
Description

Software licensing model providing cheminformatics solutions including Marvin, Design Hub, Compound Registration, Compliance Checker, JChem Engines, and Discovery Toolkits

certara.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Academic Discount Program
ModelSubscriptionBilling cadenceAnnual
Notes

Discounted pricing for academic institutions and non-commercial research projects at cost respecting not-for-profit budgets

certara.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 6 records shown
1Marvin
Description

Chemical drawing tool for research scientists providing industry-standard chemical intelligence.

certara.com
+5 more records
Core offering1 text field

ChemAxon develops and licenses cheminformatics software for drug discovery. Its product suite covers property calculation, molecule design, chemical drawing, chemical search, and compound data management across the design-make-test-analyze (DMTA) cycle. Core offerings include Marvin (chemical drawing), Design Hub (collaborative molecular design), Compound Registration, Compliance Checker / cHemTS, JChem Engines (chemical search), and Discovery Toolkits (SDKs for custom cheminformatics applications).

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Scale chemical search to hundreds of millions to billions of chemical structures
+1 more record
Product overview1 text field

Chemaxon is a suite of cheminformatics software solutions for drug discovery, comprising multiple integrated products that work together across the design-make-test-analyze cycle. The core portfolio includes Marvin for chemical drawing, Design Hub for molecular design collaboration, Compound Registration for end-to-end registration, Compliance Checker and cHemTS for regulatory compliance, JChem Engines for chemical database searching, and Discovery Toolkits for custom application development. These products collectively provide capabilities for property calculation, molecule design, chemical drawing, chemical search, and compound data management, enabling researchers to streamline drug discovery workflows from early design through regulatory submission.

Product and service6 records
1Marvin
CategoryCheminformatics Software / Chemical Drawing
Description

Chemical drawing tool providing universal chemical drawing capabilities for research scientists with industry-standard chemical intelligence.

2Design Hub
CategoryCheminformatics Software / Molecular Design
Description

Molecular design and tracking platform that enables collaborative drug discovery by allowing teams to design and track molecular candidates.

3Compound Registration
CategoryCheminformatics Software / Compound Data Management
Description

End-to-end chemical registration system providing automated compound registration capabilities for drug discovery workflows.

4Compliance Checker and cHemTS
CategoryCheminformatics Software / Regulatory Compliance
Description

Chemical compliance verification tool providing instant validation across synthesis, shipping, and storage requirements.

5JChem Engines
CategoryCheminformatics Software / Chemical Database Search
Description

Chemical search engine optimized for querying large chemical databases containing tens of millions of molecular structures.

6Discovery Toolkits
CategoryCheminformatics Software / Developer Toolkits
Description

Collection of cheminformatics tools and software development kits for building custom drug discovery applications and workflows.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-10-01
Description

Certara, Inc. completed the acquisition of Chemaxon Ltd. in October 2024 for $90 million in cash. The acquisition aims to integrate Chemaxon's cheminformatics and bioinformatics software with Certara's biosimulation solutions to enhance drug discovery and development capabilities.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

India-based scientific informatics and data management services provider serving pharma R&D. Adjacent competitor in chemistry data curation and cheminformatics workflows, primarily serving global pharma from a regional base.

TypeBroad incumbent
Description

Enterprise scientific software portfolio covering molecular modeling, lab informatics, and chemistry. Competes broadly with ChemAxon in cheminformatics and compound registration but as part of a much larger PLM/3DEXPERIENCE suite.

TypeEmerging player
Description

Cloud-based drug discovery informatics platform with chemical registration, activity databases, and collaboration features. Overlaps with ChemAxon's Compound Registration and JChem Engines capabilities for smaller biotech and academic groups.

TypeDirect peer
Description

Computational chemistry and molecular simulation platform serving pharma and biotech drug discovery. Overlaps with ChemAxon on molecule design, property prediction, and cheminformatics-driven lead optimization workflows.

TypeBroad incumbent
Description

Chemistry and reaction database with embedded cheminformatics tools used by pharma R&D. Competes with ChemAxon's chemical search and property prediction, particularly in medicinal chemistry workflows.

TypeDirect peer
Description

Scientific R&D informatics platform for chemistry, biology, and lab data management. Competes with ChemAxon on compound registration, chemical search, and collaborative molecule design for pharma/biotech.

TypeBroad incumbent
Description

Enterprise scientific informatics suite including chemistry, biology, and lab workflows. Overlaps with ChemAxon on registration, search, and discovery informatics across pharma R&D.

TypeDirect peer
Description

Chemistry software for property prediction, analytical data handling, and chemical informatics. Direct overlap with ChemAxon on chemical drawing, property calculation, and analytical/compliance workflows.

TypeEmerging player
Description

Cheminformatics and biology informatics tools (e.g., ELN, registration, search) for pharma and biotech. Direct functional overlap with ChemAxon on compound registration and chemical search at smaller scale.

TypeDirect peer
Description

Cheminformatics and molecular modeling software (formerly OpenEye) focused on small-molecule design, search, and conformer generation. Direct competitor to ChemAxon in pharma drug discovery informatics.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ChemAxon

Cheminformatics Softwarechemaxon.com

ChemAxon is a Hungary-based cheminformatics software company serving 600+ pharmaceutical, biotechnology, CRO, and academic customers across 130+ countries with tools for molecule design, chemical drawing, compound registration, and compliance management. Acquired by Certara for $90 million in October 2024.

What ChemAxon does

ChemAxon is a cheminformatics software company that builds tools for property calculation, molecule design, chemical drawing, chemical search, and compound data management. Its product suite comprises Marvin (chemical drawing), Design Hub (collaborative molecular design and tracking), Compound Registration (end-to-end chemical registration), Compliance Checker and cHemTS (instant chemical compliance across synthesis, shipping, and storage), JChem Engines (chemical search engine built for databases in the tens of millions), and Discovery Toolkits (cheminformatics SDKs). The platform primarily serves pharmaceutical companies, biotechnology firms, contract research organizations, and academic institutions across 130+ countries. ChemAxon operates under a software licensing, subscription-based revenue model sold via an enterprise field sales motion with consultation-based selling and academic discounts; 750,000+ users at 600+ industry-leading companies use ChemAxon tooling, including Bayer and Cancer Research Horizon.

Following the October 2024 acquisition by Certara, Inc. (NASDAQ: CERT) for $90 million in cash, ChemAxon operates as a wholly-owned subsidiary integrated with Certara's biosimulation, scientific informatics, and AI platforms (Simcyp, Phoenix, D360, Certara.AI). The strategic intent is to close gaps in the design-make-test-analyze cycle by funneling ChemAxon-derived chemistry into Certara's biosimulation and regulatory offerings. Founded in 1998 and headquartered in Budapest, Hungary, ChemAxon had 101-250 employees and was led by CEO Richard Jones following founders Ferenc Csizmadia and Péter Csizmadia; the global chemoinformatics market in which it operates is projected to grow from $4.51B in 2025 to $19.12B by 2035.

ChemAxon firmographics

Firmographics
Name
ChemAxon
Legal name
Chemaxon Ltd.
Website
https://chemaxon.com
Company type
Private
Founded year
1998
Operating status
Acquired
Headcount range
101–250 employees
Short description
ChemAxon is a Hungary-based cheminformatics software company serving 600+ pharmaceutical, biotechnology, CRO, and academic customers across 130+ countries with tools for molecule design, chemical drawing, compound registration, and compliance management. Acquired by Certara for $90 million in October 2024.
Ownership category
akta.pro rank

ChemAxon industry classification

Industry
Product category
Cheminformatics Software
akta.pro primary industry
Cheminformatics & Molecular Modeling / CADD (HLAGAJAE)
akta.pro secondary industries
AI/ML Platforms for Drug Discovery & Experiment Optimization (HLAGAJAO), Target Identification & Validation Platforms (omics-driven, chemoproteomics, genetic validation) (HLAAAIAI)

Keywords

  • Cheminformatics software
  • Drug discovery tools
  • Molecular design software
  • Chemical data management
  • Compound registration

Where ChemAxon is headquartered

Location

Headquarters

HQ city
Utica
HQ country
United States
HQ region
North America

Offices1 record

Markets served

ChemAxon business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Software Licensing: Software licensing model providing cheminformatics solutions including Marvin, Design Hub, Compound Registration, Compliance Checker, JChem Engines, and Discovery Toolkits

Pricing tiers

ModelBillingPrice
SubscriptionAnnualAcademic Discount Program

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

ChemAxon product offering

Product offering

Core offering

ChemAxon develops and licenses cheminformatics software for drug discovery. Its product suite covers property calculation, molecule design, chemical drawing, chemical search, and compound data management across the design-make-test-analyze (DMTA) cycle. Core offerings include Marvin (chemical drawing), Design Hub (collaborative molecular design), Compound Registration, Compliance Checker / cHemTS, JChem Engines (chemical search), and Discovery Toolkits (SDKs for custom cheminformatics applications).

Product overview

Chemaxon is a suite of cheminformatics software solutions for drug discovery, comprising multiple integrated products that work together across the design-make-test-analyze cycle. The core portfolio includes Marvin for chemical drawing, Design Hub for molecular design collaboration, Compound Registration for end-to-end registration, Compliance Checker and cHemTS for regulatory compliance, JChem Engines for chemical database searching, and Discovery Toolkits for custom application development. These products collectively provide capabilities for property calculation, molecule design, chemical drawing, chemical search, and compound data management, enabling researchers to streamline drug discovery workflows from early design through regulatory submission.

Differentiator

Problem solved

Functional benefit

Brands

  • Marvin: Chemical drawing tool for research scientists providing industry-standard chemical intelligence.
  • Design Hub
  • Compound Registration
  • Compliance Checker and cHemTS
  • JChem Engines
  • Discovery Toolkits

Products and services

  • Marvin Chemical drawing tool providing universal chemical drawing capabilities for research scientists with industry-standard chemical intelligence.
  • Design Hub Molecular design and tracking platform that enables collaborative drug discovery by allowing teams to design and track molecular candidates.
  • Compound Registration End-to-end chemical registration system providing automated compound registration capabilities for drug discovery workflows.
  • Compliance Checker and cHemTS Chemical compliance verification tool providing instant validation across synthesis, shipping, and storage requirements.
  • JChem Engines Chemical search engine optimized for querying large chemical databases containing tens of millions of molecular structures.
  • Discovery Toolkits Collection of cheminformatics tools and software development kits for building custom drug discovery applications and workflows.

Quantifiable outcome

  • Scale chemical search to hundreds of millions to billions of chemical structures
  • +1 more outcomes

Companies that use ChemAxon

Customer profile

Named customers2 records

Segments4 records

Ideal customer profiles4 records

ChemAxon technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

ChemAxon partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • CertaracoreStrategic or Co-development Partner · 1 October 2024Certara, Inc. completed the acquisition of Chemaxon Ltd. in October 2024 for $90 million in cash. The acquisition aims to integrate Chemaxon's cheminformatics and bioinformatics software with Certara's biosimulation solutions to enhance drug discovery and development capabilities.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

ChemAxon competitors and assessment

Company assessment

Regional players

  • Molecular Connections: India-based scientific informatics and data management services provider serving pharma R&D. Adjacent competitor in chemistry data curation and cheminformatics workflows, primarily serving global pharma from a regional base.

Broad incumbents

  • BIOVIA (Dassault Systèmes): Enterprise scientific software portfolio covering molecular modeling, lab informatics, and chemistry. Competes broadly with ChemAxon in cheminformatics and compound registration but as part of a much larger PLM/3DEXPERIENCE suite.
  • Elsevier (Reaxys): Chemistry and reaction database with embedded cheminformatics tools used by pharma R&D. Competes with ChemAxon's chemical search and property prediction, particularly in medicinal chemistry workflows.
  • PerkinElmer Informatics (Revvity Signals): Enterprise scientific informatics suite including chemistry, biology, and lab workflows. Overlaps with ChemAxon on registration, search, and discovery informatics across pharma R&D.

Emerging players

  • Collaborative Drug Discovery (CDD): Cloud-based drug discovery informatics platform with chemical registration, activity databases, and collaboration features. Overlaps with ChemAxon's Compound Registration and JChem Engines capabilities for smaller biotech and academic groups.
  • Scilligence: Cheminformatics and biology informatics tools (e.g., ELN, registration, search) for pharma and biotech. Direct functional overlap with ChemAxon on compound registration and chemical search at smaller scale.

Direct peers

  • Schrödinger: Computational chemistry and molecular simulation platform serving pharma and biotech drug discovery. Overlaps with ChemAxon on molecule design, property prediction, and cheminformatics-driven lead optimization workflows.
  • Dotmatics: Scientific R&D informatics platform for chemistry, biology, and lab data management. Competes with ChemAxon on compound registration, chemical search, and collaborative molecule design for pharma/biotech.
  • ACD/Labs: Chemistry software for property prediction, analytical data handling, and chemical informatics. Direct overlap with ChemAxon on chemical drawing, property calculation, and analytical/compliance workflows.
  • OpenEye Scientific (Cadence Design Systems): Cheminformatics and molecular modeling software (formerly OpenEye) focused on small-molecule design, search, and conformer generation. Direct competitor to ChemAxon in pharma drug discovery informatics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

ChemAxon social profiles

Digital presence

ChemAxon financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ChemAxon leadership team

Management profile

Number of profiles

Profiles3 records

ChemAxon funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ChemAxon M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ChemAxon

What does ChemAxon do?

ChemAxon develops and licenses cheminformatics software for drug discovery. Its product suite covers property calculation, molecule design, chemical drawing, chemical search, and compound data management across the design-make-test-analyze (DMTA) cycle. Core offerings include Marvin (chemical drawing), Design Hub (collaborative molecular design), Compound Registration, Compliance Checker / cHemTS, JChem Engines (chemical search), and Discovery Toolkits (SDKs for custom cheminformatics applications).

Is ChemAxon a public or private company?

ChemAxon is a private company. It is classified as corporate owned and is currently acquired.

When was ChemAxon founded?

ChemAxon was founded in 1998. It employs 101 to 250 people.

Where is ChemAxon based?

ChemAxon is headquartered in Utica, United States, in the North America region.

How does ChemAxon make money?

One revenue line is on record: software Licensing.

Who are ChemAxon's main competitors?

Molecular Connections is listed as a regional player. Broad incumbents are BIOVIA (Dassault Systèmes), Elsevier (Reaxys) and PerkinElmer Informatics (Revvity Signals). Emerging players are Collaborative Drug Discovery (CDD) and Scilligence. Direct peers are Schrödinger, Dotmatics, ACD/Labs and OpenEye Scientific (Cadence Design Systems).

Does ChemAxon have an API?

No public API is recorded for ChemAxon.

What industry is ChemAxon in?

ChemAxon's product category is Cheminformatics Software. Its primary akta.pro industry code is HLAGAJAE, Cheminformatics & Molecular Modeling / CADD, with a secondary code of HLAGAJAO, AI/ML Platforms for Drug Discovery & Experiment Optimization.

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Live signals
Investing.comCertara earnings up next: Can AI strategy stem revenue decline? By Investing.comCertara Inc., a biosimulation software provider serving pharmaceutical firms, is set to report second-quarter earnings with analysts projecting EPS of 9.4 cents per share on revenue of $98.3 million, representing a 34.71% year-over-year earnings jump but a 6% revenue decline. The company's stock has slid to $8.10, near its 52-week low, despite 12 analysts maintaining a Buy rating, as investors scrutinize whether new CEO Jon Resnick's AI-focused strategy and a recent NVIDIA partnership can reverse a troubling revenue trajectory. Certara has invested in AI-driven tools and completed its acquisition of Chemaxon earlier this year to strengthen drug-discovery offerings, but faces margin pressures with operating income growth declining 16.2% year-over-year.GlobeNewswireAI in Predictive Toxicology Research Report 2026 Featuring Certara, Schrodinger, Instem, Simulations Plus, Lhasa, Chemaxon - Global Forecast to 2030 and 2035The AI in predictive toxicology market is forecast to grow from $0.83 billion in 2026 to $2.29 billion by 2030, representing a compound annual growth rate of 28.9%, driven by increased adoption of AI-driven predictive models, cloud-based platforms, and integration of genomics with chemical data. Notable strategic moves in the sector include Certara Inc.'s acquisition of Chemaxon Ltd. to strengthen drug development capabilities and SyntheticGestalt's partnership with Enamine to advance AI models for drug discovery. The market faces challenges from tariffs on high-performance computing hardware, which have increased operational costs in North America and Europe, though this has spurred domestic innovation efforts.openPR.comCompetitive Landscape: Key Market Leaders and New Entrants in the Bioinformatics IndustryThe bioinformatics market is projected to reach $36.99 billion by 2030, growing at a compound annual growth rate of 14.7%, driven by investments in precision medicine, AI-driven data analysis, and population genomics research. In October 2024, US-based Certara acquired Hungary-based Chemaxon for $90 million in cash to strengthen its drug discovery platform by integrating Chemaxon's cheminformatics and bioinformatics software. Key trends shaping the sector include AI-powered genomic analysis tools, cloud-based bioinformatics platforms, and multi-omics data integration.openPR.comComputer Aided Drug Discovery Market 2025-2032 Emerging Trends in Industry Dynamics, Size Insights, Share, and Future Growth | Certara • BioSymetrics • ChemAxonThe article discusses the market analysis of the Computer Aided Drug Discovery industry from 2025 to 2032, highlighting key companies, growth trends, and regional market insights. It emphasizes technological advancements, market forecasts, and strategic corporate initiatives aimed at future growth.SlashdotTop Bioinformatics Software for Startups in 2025The article presents a curated list of top bioinformatics software tools for startups in 2025, featuring detailed descriptions of platforms such as Chemaxon, Benchling, and Illumina Connected Analytics. It highlights key capabilities including genomic data analysis, AI-driven insights, and cloud-based collaboration for life sciences research. The content serves as an informational resource outlining various technological solutions available to researchers and biotech entities.GlobeNewswireCertara Completes Acquisition of ChemaxonCertara, Inc. has completed its acquisition of Chemaxon, a company that develops scientific informatics software products for the life sciences industry. This acquisition aims to combine Chemaxon's software capabilities with Certara's modeling and biosimulation solutions to enhance productivity and scientific innovation success in drug discovery and development.GlobeNewswireCertara to Acquire Chemaxon to Strengthen Drug Discovery Software PortfolioCertara signed a definitive agreement to acquire Chemaxon, a cheminformatics software provider, expected to close in the second half of 2024. Chemaxon is expected to generate software revenue over $20 million in 2024, and Certara will update its 2024 guidance to include Chemaxon's contribution.CertaraCertara to Acquire Chemaxon to Strengthen Drug Discovery Software PortfolioCertara announced on July 9, 2024 that it has signed a definitive agreement to acquire Chemaxon, a cheminformatics software provider, with closing expected in the second half of 2024 subject to regulatory approval. Certara reiterated 2024 guidance excluding Chemaxon and expects to maintain an adjusted EBITDA margin of 31-33% after the deal. Chemaxon is expected to generate software revenue over $20 million in 2024.CertaraCertara to Acquire Chemaxon to Strengthen Drug Discovery Software PortfolioCertara, Inc. announced the signing of a definitive agreement to acquire Chemaxon, a provider of cheminformatics software, with the transaction expected to close in the second half of 2024 pending regulatory approval. Chemaxon is projected to generate software revenue exceeding $20 million in 2024, complementing Certara's existing offerings in drug discovery. The acquisition aims to enhance predictive capabilities and improve decision-making in drug development processes.BioSpaceCertara to Acquire Chemaxon to Strengthen Drug Discovery Software PortfolioCertara, Inc. has signed a definitive agreement to acquire Chemaxon, a provider of cheminformatics software, in a transaction expected to close in the second half of 2024. The acquisition aims to combine Certara's biosimulation capabilities with Chemaxon's chemical structure analysis tools to create a comprehensive platform for drug discovery and development. Both companies reiterated their full-year 2024 financial guidance, with Certara expecting to maintain its adjusted EBITDA margin of 31-33% after including Chemaxon's contributions.