Gridlogics announces launch of Patent iNSIGHT Pro - CHEMPAT™ Edition
November 15, 2010, Pune, India - Gridlogics, a patent analytics solutions specialist and the company behind Patent iNSIGHT Pro, announced that it has partnered with ChemAxon to enable a specialized edition of the product (CHEMPAT™ Edition) suited for Chemical and biopharmaceutical companies. The CHEMPAT Edition combines the Patent research, analysis and reporting capability of Patent iNSIGHT Pro with the Chemical extraction, storage, management and search capabilities of ChemAxon’s products JChem Base and Name to Structure. Patent iNSIGHT Pro CHEMPAT Edition allows users to extract chemical names intelligently from the text of patents and scientific records and then provides various tools to manage, filter, report and analyze the extracted chemicals. In case of patents compounds coming from Bibliography, Claims and description are identified separately which makes it easier to investigate the record set from a patentability, infringement or freedom to operate perspective. The product uses JChem Base to store the extracted set of chemical names, conduct structure searching within them and display them as images or export them in various formats compatible with other cheminformatic tools. The CHEMPAT Edition is available in Basic and Full versions. The Basic version is targeted towards day to day activities of patent professionals in chem-bio-pharma companies whose needs are more of extraction, search, filter and in-context reporting of chemical entities present in patent and journal records. The full Edition allows analyst to further conduct different types of analysis suitable for medicinal chemistry projects such as drug discovery and new chemical entity research. “Exporting structures from chemical databases can be quite expensive and new records are not always available quick enough. The rapid increase in rate of patent filings only makes this worse. Our users in biopharma companies presently use Patent iNSIGHT Pro to integrate patents and journal information for a particular research area and further use the record set for analysis. They have been looking at ways and means to extract chemical names from the text of these records and use that further for reporting and analysis. We have launched CHEMPAT Edition to address this need.” said Manish Sinha, Chief Technology Officer, Gridlogics. “We are pleased that Gridlogics has chosen ChemAxon's chemistry technology and has joined our partner community. This is a good example of the relevance of our technology and partnering approach, particularly where our name to structure and chemical search tools are being innovatively applied within the patent IP and text mining space” said Nora Lapusnyik, Partner Relationship Manager at ChemAxon. “ChemAxon’s components outperformed alternatives in our testing and we were also quite satisfied with the support given during the trials. They turned out to be a natural fit for the CHEMPAT Edition” added Manish. About Gridlogics Technologies Pvt Ltd Gridlogics is a research driven software and services organization specializing in providing intellectual property analysis and visualization solutions to aid R&D and corporate strategy. Gridlogics products are used by leading legal services and research driven organization across US/Canada, Europe, South America and Asia/Pacific with more than 250 end users. Gridlogics is headquartered in Pune India and has a sales presence in India and US. For further information on Gridlogics and Patent iNSIGHT Pro please visit www.patentinsightpro.com or mail at [email protected]. About ChemAxon Ltd ChemAxon is a leader in providing cheminformatics software development platforms and 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 and programming interfaces to power modern cheminformatics and chemical communication.