Apredica Acquired by Cyprotex

Watertown, MA-based Apredica, a company that does preclinical toxicology assessments of drug candidates, is being acquired by U.K.-based contract research firm Cyprotex for £2.68 million in cash and stock. Katya Tsaioun, the co-founder and CEO of Apredica, will become chief scientific officer of the merged company. Cyprotex says all of Apredica’s employees will remain with the business, and that the two companies have little overlap in their customers. Apredica was founded in 2006 and says it has 173 customers, most of them in the U.S.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.