AI Simulations Help Drug Trials [Forbes]
Certara, Inc. (CERT)
Company Research
Source: Forbes
Now some applications of the new technologies are bringing efficiencies to clinical research. Sophisticated modeling and simulations suggests that AI can play a major role in improving the success rates of novel drugs entering human studies. The pharmaceutical industry has long struggled with efficiency rates. According to the the Congressional Budget Office (CBO), only 14% of drugs that enter clinical trials are ultimately approved by the FDA . The development process is complex and can take many years, with many drugs failing at various stages. Estimates are that the cost of developing one drug can be over $2 Billion The goal of modeling software in clinical research is to create programs that can simulate expensive clinical trials. Other technical industries use extensive simulations when building highly complex items like semiconductors and fighter jets. But in some ways, biology is actually harder to model due to the higher systemic complexity. Simulations hold a multitude
Show less
Read more
Impact Snapshot
Event Time:
CERT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CERT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CERT alerts
High impacting Certara, Inc. news events
Weekly update
A roundup of the hottest topics
CERT
News
- Soft Biotech Funding and Cost-Cutting Dragged Certara (CERT) in Q3 [Yahoo! Finance]Yahoo! Finance
- Certara, Inc. (NASDAQ: CERT) had its price target lowered by analysts at Barclays PLC from $14.00 to $12.00. They now have an "equal weight" rating on the stock.MarketBeat
- Certara Inc (CERT) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Certara Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- Certara, Inc. (NASDAQ: CERT) had its price target lowered by analysts at Robert W. Baird from $18.00 to $13.00. They now have a "neutral" rating on the stock.MarketBeat
CERT
Earnings
- 11/6/24 - Beat
CERT
Sec Filings
- 11/14/24 - Form SC
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- CERT's page on the SEC website