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ChemAxon and Keymodule Announce Integration of CLiDE OCSR and Commercial Relationship

May 6, 2014

BUDAPEST, Hungary and LEEDS, England, May 6, 2014 /PRNewswire/ –

Optical chemical structure recognition (OCSR) completes chemistry extraction
capabilities throughout the ChemAxon suite of tools and simple to license.

ChemAxon, a leader in providing chemistry software solutions and consulting services
for life science research, and Keymodule, a leading provider of chemical structure based
data mining solutions, announce the integration of the CLiDE OCSR software within
ChemAxon’s technology and the rights to sell CLiDE.

ChemAxon has extensive capabilities for extracting and working with structures from
English, Chinese and Japanese text documents. These text mining capabilities are
implemented throughout ChemAxon’s products; like JChem for Office, Instant JChem and
Marvin; as well as it’s text mining toolkits such as Document to Database to automatically
extract chemistry from document archives. However, there is a significant amount of
chemistry in documents presented in structure images. The addition of CLiDE for structure
recognition from structure images, completes ChemAxon’s capabilities and enables users to
gain value from chemistry in any document or archive.

CLiDE provides a fast and accurate (98% in some test cases), state of the art
technology for the extraction of chemical structures from PDF, MS Office and image files,
including journal publications, internal documents and patents. A key feature is the
ability to flag potential errors at the individual structure level to facilitate manual
correction.

By integrating CLiDE alongside ChemAxon’s text extraction technology, enterprises can
now build robust automated systems for the routine mining of chemistry in repositories and
information systems and for research chemists, a simple way to extract and use chemistry
in day to day documents through ChemAxon’s research tools: Marvin, JChem for Office,
Instant JChem, Plexus and JChem for SharePoint.

To try out CLiDE with ChemAxon tools, you should download and install, free evaluation
licensing is available from ChemAxon and Keymodule.

About ChemAxon

ChemAxon is a leader in providing cheminformatics software platforms and desktop
applications for the biotechnology, pharmaceutical and agrochemical industries. With core
capabilities for structure visualization, search and management, property prediction,
virtual synthesis, screening and drug design, ChemAxon focuses upon active interaction
with users and software portability to create powerful, cost effective cross platform
solutions that power modern cheminformatics and chemical communication. The company is
privately owned with European headquarters in Budapest, US East Coast headquarters in
Cambridge, MA, and sales and support offices in Europe, Japan and across North America.
Find out more at http://www.chemaxon.com

About Keymodule Ltd.

Keymodule is a leading provider of chemical structure based data mining solutions,
based in Leeds, UK. It also provides state of the art software for protein structure based
de novo ligand design through its software applications, SPROUT, SynSPROUT and
SPROUT-HitOpt which are powerful tools for early stage drug discovery, and particularly
fragment-based drug design.

SOURCE ChemAxon


Source: PR Newswire



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