Simulations Plus Expands Marketing and Sales Operations in South America Through Partnership with the Institute of Pharmaceutical Sciences
Summary
LANCASTER, Calif.--(BUSINESS WIRE)--Simulations Plus, Inc. (Nasdaq: SLP), a leading provider of modeling and simulation solutions for the pharmaceutical, biotechnology, chemical, and consumer goods industries, today announced that it has entered into a distribution agreement with the Institute of Pharmaceutical Sciences (ICF) to provide marketing, sales, and technical support to organizations within South America. In addition to running clinical trials, ICF has expertise developing complex formulation products such as patches, nasal sprays, and inhalers for organizations globally. With a staff of over 200 highly qualified scientists, ICF will provide extensive connections throughout industry, academia, and regulatory agencies to increase awareness of GastroPlus®, ADMET Predictor®, and related services from Simulations Plus. “To capitalize on this opportunity, especially in the areas of specialty products and non-oral drug delivery systems, we are excited to be partnering with ICF, an established contract research organization (CRO) leader with strong relationships throughout Brazil and neighboring countries. 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.
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