STOCK TITAN

U.S. FDA Renews Licenses of DILIsym Software

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Simulations Plus, Inc. (Nasdaq: SLP) has renewed access to its DILIsym software platform for the U.S. Food and Drug Administration (FDA). This unlimited licensing package allows FDA employees across various divisions to utilize the software, enhancing drug safety assessments related to drug-induced liver injury (DILI). Key leaders in drug development will discuss the software's application in a panel on April 29, 2021. DILIsym aids in predicting DILI risk, guiding crucial drug development decisions, and has been utilized in several regulatory submissions.

Positive
  • Renewed unlimited licensing of DILIsym software for FDA supports drug safety evaluations.
  • DILIsym modeling is integral in regulatory submissions, boosting confidence in drug safety.
  • Panel discussion scheduled to highlight DILIsym's role in drug development on April 29.
Negative
  • None.

Simulations Plus, Inc. (Nasdaq: SLP), a leading provider of modeling and simulation software and services for pharmaceutical safety and efficacy, today announced that its DILIsym Services (DSS) division has renewed licenses to its DILIsym® software platform, its flagship quantitative systems toxicology (QST) software for predicting and investigating drug-induced liver injury (DILI), for use by the U.S. Food and Drug Administration (FDA). The renewal ensures continued DILIsym software access to FDA employees across all FDA divisions at the FDA’s discretion through an unlimited licensing package.

Dr. Paul B. Watkins, chair of the Scientific Advisory Board of the DILI-sim Initiative, remarked, “It is not surprising that the FDA continues to see value in maintaining access to the DILIsym software in-house, as they are now frequently seeing results from the software in regulatory submissions, including NDA applications. It’s clear that results for DILIsym modeling can be an important part of the weight of evidence supporting the liver safety of new drug candidates.”

Dr. Brett Howell, president of the DILIsym Services division, added: “DILIsym is helping drug developers better predict and understand liver injury. There are now several public examples of this, including work focused on ubrogepant, lixivaptan, tolvaptan, remdesivir, pexidartinib, solithromycin, entolimod, acetaminophen, and GGF2. Many other examples are ongoing or completed but not yet public. It is, therefore, great to see the FDA maintaining DILIsym access to potentially evaluate the DILIsym submissions received and to potentially do further analyses.”

Simulations Plus will host a panel discussion on April 29, 2021, featuring key leaders in the drug development and liver safety spaces. Dr. Lorenzo Pellegrini, COO of Palladio Biosciences, Dr. Vlad Coric, CEO of Biohaven Pharmaceuticals, and Dr. Paul B. Watkins, a world-renowned DILI expert consultant and Distinguished Professor at the University of North Carolina, will join the panel to take questions regarding the use of QST tools (such as DILIsym) within drug development. Register for the FREE webinar here.

DILIsym modeling supports key drug development decisions by predicting potential DILI risk of new drug candidates. The modeling also identifies the biochemical events that lead to DILI caused by a drug and can thereby predict certain subgroups of patients at increased risk for DILI from that drug. The information from DILIsym modeling serves to help guide go/no-go decisions on major drug development projects, potentially avoiding the disastrous financial effects of failed clinical trials, or better, providing assurances that DILI will not be an insurmountable obstacle to regulatory approval. For the past 10 years, the DILIsym Services division has coordinated the DILI-sim Initiative, which is a public-private partnership that has guided development of the DILIsym software package. DILIsym is available to the pharmaceutical and chemical industries for direct use to predict and understand liabilities via membership in the DILI-sim Initiative consortium and/or commercial licenses. The DILIsym Services division also routinely uses DILIsym for comprehensive consulting services on safety-related issues.

Contact us to receive a free trial version today!

About Simulations Plus, Inc.

Simulations Plus, Inc., is a leading provider of modeling and simulation software and consulting services supporting drug discovery, development research, and regulatory submissions. With our subsidiaries, Cognigen, DILIsym Services, and Lixoft, we offer solutions which 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, chemical, consumer goods companies and regulatory agencies worldwide. For more information, visit our website at www.simulations-plus.com. Follow us on Twitter | Read our Environmental, Social, and Governance (ESG) Report.

The DILIsym Services division of Simulations Plus has developed DILIsym® and NAFLDsym® QSP software, and is developing IPFsym™ and RENAsym™ QSP software, to provide the pharmaceutical industry with the tools and resources to efficiently develop safe and effective drug therapies. DILIsym and RENAsym are designed to address drug-induced liver injury (DILI) and drug-induced acute kidney injury, respectively. NAFLDsym and IPFsym are designed for target or compound evaluation of therapeutic efficacy in nonalcoholic fatty liver disease (NAFLD or NASH) and idiopathic pulmonary fibrosis (IPF), respectively.

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.

FAQ

What is the recent development regarding Simulations Plus and the FDA?

Simulations Plus renewed its DILIsym software access for the FDA, enabling unlimited use across various divisions.

How does DILIsym software benefit drug development?

DILIsym aids in predicting drug-induced liver injury (DILI) risk, which supports critical go/no-go decisions in drug development.

What is the significance of the panel discussion hosted by Simulations Plus?

The panel on April 29, 2021, will address the use of QST tools like DILIsym in drug development, featuring industry leaders.

When is the panel discussion about DILIsym scheduled?

The panel discussion is set for April 29, 2021.

What does the renewed DILIsym license mean for the FDA?

It allows FDA employees to utilize DILIsym software, which is crucial for evaluating the liver safety of new drug candidates.

Simulations Plus, Inc.

NASDAQ:SLP

SLP Rankings

SLP Latest News

SLP Stock Data

584.06M
16.45M
18.04%
77.91%
4.93%
Health Information Services
Services-computer Integrated Systems Design
Link
United States of America
LANCASTER