Lixoft Adds New Data Formatting and Reporting Modules to MonolixSuite™ in Version 2023R1

Rhea-AI Summary

Simulations Plus (NASDAQ: SLP) announced the release of MonolixSuite™ version 2023R1, featuring significant upgrades to the PKanalix, Monolix, and Simulx modules. This update enhances user data input, report generation, and plotting flexibility, improving performance and interoperability. President Jonathan Chauvin emphasized the integration of user feedback for a more streamlined modeling experience. A webinar on the new features will take place on March 16, 2023, at 12:00 p.m. ET. Simulations Plus continues to serve the pharmaceutical industry with innovative biosimulation solutions.

Positive

• Release of MonolixSuite version 2023R1 with enhanced features.
• Improved user experience based on industry feedback.
• Streamlined modeling workflow that saves time.

Negative

• None.

Update includes enhanced PKanalix, Monolix, and Simulx modules

LANCASTER, Calif.--(BUSINESS WIRE)-- Simulations Plus, Inc. (Nasdaq: SLP), a leading provider of modeling and simulation software and services for pharmaceutical safety and efficacy, today announced that its Lixoft division, a leading provider of population PKPD modeling solutions for pharmacometricians and biostatisticians, has released version 2023R1 of its MonolixSuite™ software.

Key advancements in this new version make it easier for users to input and format their data, generate reports automatically based on a custom Word template file, work with more flexible plots that allow merged trendlines and custom axis, and export a PKanalix, Monolix, or Simulx run to any other application of the MonolixSuite. The updates also provide improved performance for data, libraries, and algorithms.

The continued advances made with PKanalix, Monolix, and Simulx provide a streamlined modeling and simulation workflow from data analysis and non-compartmental analysis to population modeling and simulation with fully interoperable applications. The updated platform allows the full development of the data modeling without changing the data set nor the models, making both the modeling work and QC approval faster.

Jonathan Chauvin, President of the Lixoft division at Simulations Plus, said: “This version of the MonolixSuite is a significant breakthrough for our users, especially with the updated data formatting and reporting capabilities. Many of these new features were requested by industry and academic scientists, and we integrated that feedback with our own scientists’ expertise to extend the power of the MonolixSuite for modeling and simulation of preclinical and clinical data. It represents our vision to design products with a straightforward user experience, advanced statistical methods, and enhanced computational performance. Moreover, it provides more interoperability and improved connections to other applications in the modeling and simulation framework.”

Simulations Plus will host a webinar focused on the new features in MonolixSuite 2023 on Thursday, March 16, 2023, at 12:00 p.m. Eastern Time. Registration for the webinar is available here.

About Simulations Plus

Serving clients worldwide for more than 25 years, Simulations Plus is a leading provider in the biosimulation market providing software and consulting services supporting drug discovery, development, research, and regulatory submissions. We offer solutions that bridge machine learning, physiologically based pharmacokinetics, quantitative systems pharmacology/toxicology, and population PK/PD modeling approaches. Our technology is licensed and applied by major pharmaceutical, biotechnology, and regulatory agencies worldwide. For more information, visit our website at www.simulations-plus.com. Follow us on LinkedIn | Twitter | YouTube.

Environmental, Social, and Governance (ESG)

We focus our Environmental, Social, and Governance (ESG) efforts where we can have the most positive impact. To learn more about our latest initiatives and priorities, please visit our website to read our ESG Report.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 – With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. Words like “believe,” “expect” and “anticipate” mean that these are our best estimates as of this writing, but that there can be no assurances that expected or anticipated results or events will actually take place, so our actual future results could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to: our ability to maintain our competitive advantages, acceptance of new software and improved versions of our existing software by our customers, the general economics of the pharmaceutical industry, our ability to finance growth, our ability to continue to attract and retain highly qualified technical staff, our ability to identify and close acquisitions on terms favorable to the Company, and a sustainable market. Further information on our risk factors is contained in our quarterly and annual reports and filed with the U.S. Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230309005054/en/

Simulations Plus Investor Relations

Ms. Renee Bouche

661-723-7723

renee.bouche@simulations-plus.com

Hayden IR

Mr. Brian S. Siegel

346-396-8696

brian@haydenir.com

Source: Simulations Plus, Inc.

FAQ

What are the new features in MonolixSuite version 2023R1 for SLP?

MonolixSuite version 2023R1 includes enhanced data input, automatic report generation, flexible plotting options, and improved performance for data handling.

When is the webinar for MonolixSuite 2023 features?

The webinar will be held on March 16, 2023, at 12:00 p.m. Eastern Time.

How does the new MonolixSuite version impact SLP stock?

The advancements in MonolixSuite potentially enhance user satisfaction and market competitiveness, which may positively influence SLP stock performance.

What does the update mean for users of SLP's software?

The update allows users to work more efficiently with improved tools for data modeling, which could enhance productivity in clinical and preclinical data analysis.