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0 0 0 0 0.000303859009419569 -0.0206624126405348 -0.00444849589790337 0.0340899422667881
Stock impact report

Simulations Plus Acquires Lixoft, Expanding Modeling Software Offerings and Broadening Presence in Europe

Simulations Plus, Inc. (SLP) 
Last simulations plus, inc. earnings: 4/9 04:35 pm Check Earnings Report
US:NASDAQ Investor Relations: simulations-plus.com/software/overview
Company Research Source: Business Wire
Accretive acquisition adds Monolix Suite, a population PKPD modeling solution for pharmacometricians LANCASTER, Calif.--(BUSINESS WIRE)--Simulations Plus, Inc. (Nasdaq: SLP), a leading provider of simulation and modeling software for pharmaceutical discovery and development, today announced that it has acquired Lixoft of Paris, France. Lixoft was founded in 2011 by Jérôme Kalifa and Marc Lavielle to design software solutions based on scientific breakthroughs to reduce the cost and increase the success rate of new drug development.Pursuant to the Share Purchase and Contribution Agreement (the “Agreement”) signed on March 31, 2020, and closed on April 1, 2020, Lixoft has become a wholly-owned subsidiary of Simulations Plus, Inc. (“Simulations Plus”) and will continue to operate under the Lixoft name. This accretive acquisition is expected to add more than $3.5 million to the revenues of Simulations Plus in the coming fiscal year 2021.Shawn O’Connor, chief executive officer of Simulat Show less Read more
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