TELEO Capital Acquires Pharmaceutical Manufacturing Intelligence Platform from Applied Materials

TELEO Capital has acquired the pharmaceutical manufacturing intelligence platform Modersys (formerly SmartFactory Rx) from Applied Materials. The acquisition aims to enhance AI capabilities and accelerate innovation in biopharmaceutical, nutritional, and life sciences sectors.

By TELEO Capital Management, LLC · PR Newswire · June 23, 2026, 13:00 UTC

Tickers: $AMAT

Topics: Life Sciences Pharmaceuticals Technology Acquisition

Read the full article at PR Newswire

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