STOCK TITAN

Simulations Plus and the University of Bath Awarded New FDA Grant

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Simulations Plus, Inc. (SLP) partners with the University of Bath and other institutions to develop an enhanced dermal PBBM/PBPK model for topical products, funded by the FDA. The collaboration aims to revolutionize drug product performance prediction, expedite regulatory decisions, and benefit patients and the pharmaceutical industry.
Positive
  • None.
Negative
  • None.

Insights

The awarded FDA grant to Simulations Plus and its academic partners for the development of a dermal PBBM/PBPK model represents a significant advancement in drug development technology. The enhancement and validation of the TCAT™ model within the GastroPlus® platform will enable a more accurate prediction of topical drug absorption, which is crucial for determining bioequivalence without the need for extensive in vivo studies. This shift towards in vitro data reliance can streamline the regulatory process, potentially reducing the time and cost associated with bringing new topical drugs to market.

Moreover, the integration of pathophysiology data for skin disease populations will allow for a more nuanced understanding of drug performance across different patient demographics. This could lead to more personalized healthcare solutions and improve the safety and efficacy profiles of topical medications. The collaboration between industry and academia in this grant is a testament to the growing trend of leveraging multidisciplinary expertise to tackle complex pharmaceutical challenges.

The collaboration between Simulations Plus and the FDA, facilitated by this grant, underscores the regulatory agency's commitment to embracing innovative scientific methodologies in its decision-making processes. The development of a validated dermal PBBM/PBPK model aligns with the FDA's goals of promoting regulatory science and ensuring that safe and effective drugs are available to patients in a timely manner.

By providing an alternative to in vivo bioequivalence studies, the FDA is signaling its openness to novel approaches that maintain rigorous scientific standards. This could set a new precedent for how bioequivalence is established for topical drugs, potentially influencing future regulatory guidelines and expectations. Companies developing topical formulations may find this model to be an invaluable tool in navigating the regulatory landscape and achieving faster product approvals.

The grant awarded to Simulations Plus for the development of an enhanced dermal PBBM/PBPK model has the potential to impact the pharmaceutical industry significantly. By providing a more efficient pathway to establish bioequivalence for topical products, this project could catalyze innovation in the sector. Companies may be incentivized to invest more in the development of topical formulations, knowing that the regulatory hurdles could be less daunting with the availability of a robust in vitro model.

From an investment perspective, this development could be a positive signal for stakeholders in Simulations Plus and similar companies that specialize in modeling and simulation solutions. As the industry continues to evolve towards more sophisticated in silico methods, the demand for such technologies is likely to increase, potentially driving growth for companies at the forefront of this shift.

Partnership will produce an enhanced, validated dermal PBBM/PBPK model to inform product development and bioequivalence decisions

LANCASTER, Calif.--(BUSINESS WIRE)-- Simulations Plus, Inc. (Nasdaq: SLP), a leading provider of modeling and simulation solutions for the pharmaceutical, biotechnology, chemicals, and consumer goods industries, today announced that, through a joint proposal with the University of Bath’s Department of Life Sciences and other university partners, it has been awarded a new funded grant from the U.S. Food and Drug Administration (FDA). The grant will be used to expand and validate a multi-functional, multi-purpose physiologically based biopharmaceutics/pharmacokinetics (PBBM/PBPK) modeling solution for topical products within the GastroPlus® platform that can inform regulatory decisions for both innovator and generic products.

For this award, the Skin Biosciences group at the University of Bath led by M. Begoña Delgado-Charro, Professor in Biopharmaceutics, and Professor Richard Guy, and partners at the Colorado School of Mines (Professor Annette Bunge) and the University of Reading (Professor Adrian Williams) will generate in vitro data from a series of studies to capture the processes that occur when patients use topical formulations which transform when applied and rubbed into the skin. The scientific team at Simulations Plus will utilize these novel data sets, along with additional pathophysiology information for skin disease populations, to enhance and validate the Transdermal Compartmental Absorption and Transit (TCAT™) model within GastroPlus and determine the impact of changes to relevant quality attributes which impact the predictions of dermal absorption. The resulting outcome will provide the foundation of a viable alternative to in vivo studies for the establishment of bioequivalence (BE) for topical products.

“Collaborating with the University of Bath and other partners on this groundbreaking FDA grant is a remarkable opportunity. Our joint efforts are set to deliver an advanced, rigorously validated, and mechanistic dermal PBBM/PBPK model that leverages novel in vitro experimental designs,” said Dr. Maxime Le Merdy, Associate Director, Research & Collaborations of PBPK Solutions, and lead investigator for this grant for Simulations Plus. “This innovation promises to revolutionize the prediction accuracy of topical drug product performance. By doing so, we aim to significantly expedite the regulatory decision-making process, ultimately benefiting patients and the pharmaceutical industry.”

FDA scientific and program staff will actively collaborate with the University of Bath, Colorado School of Mines, University of Reading, and Simulations Plus. Dr. Le Merdy, with assistance from Dr. Jessica Spires and Dr. Jasmina Novakovic at Simulations Plus, will coordinate modeling and simulation activities of the contract.

“By combining our expertise with Simulations Plus’ cutting-edge research, we are charting a course towards more efficient drug development and safer healthcare solutions. The project will be a great way for both industry and academia to make that leap from research into real life applications, with potential benefits of tangible patient outcomes,” added Dr. Delgado-Charro. “Our primary objective is to enable the creation of innovative models that bridge the divide between in vitro and in vivo data. The comprehensive framework and best practices established through this contract will hold significant value for both the FDA and the companies involved in developing topical formulations.”

Funding for this collaboration is made possible by the Food and Drug Administration through grant award 1U01FD007957-01. Views expressed in this press release do not necessarily reflect the official policies of the Department of Health and Human Services; nor does any mention of trade names, commercial practices, or organization imply endorsement by the United States Government.

About the Delgado-Charro laboratory in the Department of Life Sciences at the University of Bath

Professor Delgado-Charro’s laboratory focuses on transdermal and topical drug delivery, development of optimized methods to treat nail diseases such as onychomycosis and psoriasis, non-invasive sampling for drug monitoring and pharmacokinetics, and mathematical modeling to predict the accumulation and absorption of chemicals in and across the skin. Her research has been funded by esteemed organizations including the Leo Foundation, the UK Engineering and Physics Research Council, EPSRC, Parkinson’s Disease Society UK, the UK Medical Research Council, the Swiss National Foundation, the NHS-NIC, the U.S. FDA and several pharmaceutical companies. Professor Delgado-Charro has published 123 peer-reviewed articles in highly respected journals in the pharmaceutics and chemicals fields as well as 11 book chapters.

About Simulations Plus, Inc.

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 artificial intelligence (AI)/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 | X | 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 2023 ESG update.

Forward-Looking Statement

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.

Simulations Plus Investor Relations

Renee Bouche

661-723-7723

renee.bouche@simulations-plus.com

Financial Profiles

Lisa Fortuna

310-622-8251

slp@finprofiles.com

Source: Simulations Plus, Inc.

FAQ

What is the purpose of the partnership between Simulations Plus and the University of Bath?

The partnership aims to develop an enhanced dermal PBBM/PBPK model for topical products to revolutionize drug product performance prediction and expedite regulatory decisions.

Who are the key partners in this collaboration funded by the FDA?

The key partners are the University of Bath, the Colorado School of Mines, and the University of Reading, working with Simulations Plus.

What is the grant awarded by the FDA for this project?

The project is funded by the FDA through grant award 1U01FD007957-01 to develop an advanced dermal PBBM/PBPK model.

How will the collaboration benefit the pharmaceutical industry and patients?

The collaboration aims to create innovative models that bridge the gap between in vitro and in vivo data, leading to more efficient drug development and safer healthcare solutions.

Who will coordinate the modeling and simulation activities for this project?

Dr. Maxime Le Merdy, Associate Director, Research & Collaborations of PBPK Solutions at Simulations Plus, will lead the coordination with assistance from Dr. Jessica Spires and Dr. Jasmina Novakovic.

Simulations Plus, Inc.

NASDAQ:SLP

SLP Rankings

SLP Latest News

SLP Stock Data

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