LION's business model is quite similar to that of other software companies. Revenues are generated from software licensing, support and maintenance, and Professional Services Agreements.
LION bioscience is dedicated to improving the research productivity of the life science industry. One key feature of LION is the close cooperation of IT experts, scientists and process specialists in cross-functional teams – our experts speak the same language as our customers and have intimate knowledge of industry needs.
At the heart of LION’s offering is SRS, the world’s leading integration software for biological data, which seamlessly integrates information from hundreds of publicly available databases with in-house research data.
Another core product is LION Target Engine™, a biology solution for accelerating the target identification and validation through a wide variety of data mining, visualization and interpretation functionality. LION Target Engine™ allows for the use of its various modules as components, which can be integrated into a customers existing infrastructure, or as a complete solution suite. The components will interact with SRS and rely on SRS to provide core data integration and access. A first step will be the launch of SRS version 8.0, with significant new functionality including new user interfaces and support of Web Application Services.
LION Lead Engine™ is a solution in the cheminformatics area to integrate disparate chemistry databases and provide advanced analysis and visualization capabilities. It is planned to be launched during the next fiscal year (FY2004/2005). This product suite is expected to include and integrate different components developed as a result of different LION customer projects.