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Simulations Plus, Inc. - SLP STOCK NEWS

Welcome to our dedicated page for Simulations Plus news (Ticker: SLP), a resource for investors and traders seeking the latest updates and insights on Simulations Plus stock.

Simulations Plus, Inc. (NASDAQ: SLP) is a leading developer of modeling and simulation software and consulting services that support drug discovery, development research, and regulatory submissions. The company collaborates with pharmaceutical organizations to implement a data-driven, strategic modeling methodology that begins in early discovery stages, extends through preclinical and clinical development, and continues into clinical trials and post-approval phases.

Simulations Plus, through its subsidiaries Cognigen Corporation and DILIsym Services, offers a suite of top-ranked, user-friendly software solutions. These include GastroPlus™, ADMET Predictor™, KIWI™, DILIsym®, NAFLDsym®, PKPlus™, and more. These tools bridge data mining and compound library screening with QSAR models and PBPK/TK modeling and simulation in both animals and humans. The company's quantitative systems pharmacology approaches are widely recognized and licensed by regulatory agencies globally.

In addition to software development, Simulations Plus provides consulting and contract research services to the pharmaceutical industry. The company’s operations are divided into two primary segments: software and services. The software segment generates the majority of the company’s revenue.

Over the past 20 years, Simulations Plus has consistently partnered with clients to reduce costs and accelerate research timelines. The company’s innovative technology and methodologies have earned it a reputation as a reliable partner in the pharmaceutical industry.

Latest News: Simulations Plus continues to make headlines with its innovative solutions and strategic partnerships. Stay updated with the latest developments and achievements of Simulations Plus on our news section.

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Simulations Plus, a leading modeling and simulation software provider, reported a 16% increase in total revenue for Q1 FY2022, reaching $12.4 million. Software revenue grew 19% to $7.4 million, constituting 59% of total revenue. Net income rose 22% to $3.0 million, with diluted EPS increasing to $0.15. The company announced a quarterly dividend of $0.06 per share, payable on February 7, 2022. CEO Shawn O’Connor expressed confidence in achieving 10-15% revenue growth guidance for the fiscal year, driven by an organic growth strategy and enhancements in software offerings.

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Simulations Plus, Inc. (NASDAQ: SLP) announced an update to its MonolixSuite platform, enhancing PKanalix, Monolix, and Simulx modules. The update includes a new bioequivalence module with a user-friendly graphical interface for managing various study designs. New features such as R functions for reporting, a parent-metabolite library, and faster calculations for complex models have been introduced. These advancements aim to streamline the workflow for pharmacometricians, helping users conduct more efficient data analyses and simulations.

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Simulations Plus, Inc. (NASDAQ: SLP) will report its financial results for Q1 FY 2022, ending November 30, 2021, on January 6, 2022, after market close. A conference call is scheduled for the same day at 5:00 PM ET, where all interested individuals can join by registering online or via phone. The company, a leader in simulation software for drug discovery and development, has been serving clients for 25 years, providing solutions to major pharmaceutical and regulatory firms globally. More information will be available on their website.

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Simulations Plus has announced an extension of its distributor agreement in Japan with Northern Science Consulting for its Monolix software. This partnership builds on existing agreements for GastroPlus and ADMET Predictor, enhancing the company's presence in the Japanese pharmaceutical market. The collaboration aims to boost awareness of Monolix and strengthen relationships with local businesses and universities, reflecting a growing user community in the region.

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Simulations Plus, Inc. (Nasdaq: SLP) has appointed Sharlene Evans to its Board of Directors, replacing retiring board member David L. Ralph. Evans brings over 25 years of experience in operations and human resources, previously serving as Chief People Officer at Myrtle Consulting Group. She will participate in the Audit and Compensation committees and stand for election at the company’s Annual General Meeting in February 2022. This leadership change aims to strengthen talent management as the company seeks continued growth in the modeling and simulation software sector.

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Simulations Plus (Nasdaq: SLP) presented findings at The Liver Meeting that connect yo-yo dieting to increased placebo response rates in clinical trials for non-alcoholic steatohepatitis (NASH). The research suggests that minor dietary changes can significantly reduce fibrosis scores, a critical measure for treatment efficacy. This insight could aid in addressing the perplexing high placebo response rates observed in numerous clinical trials, potentially improving the viability of various treatment candidates for NASH.

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Simulations Plus (Nasdaq: SLP) has launched RENAsym version 1A, a quantitative systems toxicology software aimed at predicting drug-induced kidney injuries. This new platform expands the company's capabilities beyond liver safety, enhancing its consulting services for drug developers. RENAsym helps identify risks associated with new therapeutics and key biochemical events related to kidney injury, supporting critical go/no-go decisions in drug development. The platform was developed with funding from the National Institutes of Health.

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Simulations Plus, Inc. (Nasdaq: SLP) has launched version 9.8.2 of its GastroPlus software, enhancing its modeling and simulation capabilities in the pharmaceutical sector. Key updates include new enzyme expression levels, improved solubility models, and physiology models for better dosing translation. The enhancements aim to streamline workflows and improve user experience, reflecting feedback from the GastroPlus User Group and partnerships with industry leaders. The company emphasizes its commitment to innovation in drug development tools over its 25-year history.

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FAQ

What is the current stock price of Simulations Plus (SLP)?

The current stock price of Simulations Plus (SLP) is $30.04 as of November 21, 2024.

What is the market cap of Simulations Plus (SLP)?

The market cap of Simulations Plus (SLP) is approximately 570.9M.

What does Simulations Plus, Inc. do?

Simulations Plus develops modeling and simulation software and offers consulting services for drug discovery and development.

What are the main products of Simulations Plus?

Key products include GastroPlus™, ADMET Predictor™, KIWI™, DILIsym®, NAFLDsym®, and PKPlus™.

How does Simulations Plus support drug development?

The company provides data-driven modeling methodologies from early discovery through clinical trials and post-approval.

Who uses Simulations Plus technology?

Pharmaceutical companies and regulatory agencies worldwide utilize their technology.

What are the primary segments of Simulations Plus’ operations?

The primary segments are software and services.

Which subsidiaries are part of Simulations Plus?

Cognigen Corporation and DILIsym Services are subsidiaries of Simulations Plus.

How long has Simulations Plus been in operation?

The company has been in operation for over 20 years.

Where is Simulations Plus headquartered?

The company is headquartered in Lancaster, California.

Does Simulations Plus offer consulting services?

Yes, the company provides consulting and contract research services to the pharmaceutical industry.

How can I stay updated on Simulations Plus’ latest news?

You can visit the news section on their website to stay updated with the latest developments and achievements.

Simulations Plus, Inc.

Nasdaq:SLP

SLP Rankings

SLP Stock Data

570.91M
16.42M
18.14%
77.89%
4.88%
Health Information Services
Services-computer Integrated Systems Design
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United States of America
LANCASTER