Simulations Plus, Inc. (AMEX: SLP), a leading provider of simulation and modeling software for pharmaceutical discovery and development, announced that it has released version 4.0 of its ClassPharmerTM software product.
Dr. David Miller, senior scientist and product manager for ClassPharmer at Simulations Plus, said: “This release marks a major milestone in this new business area for Simulations Plus. Our acquisition of the former ClassPharmer software last November, combined with the acquisition of Sage Informatics’ ChemTK software, paved the way for this completely new version of ClassPharmer. Major revisions in the algorithms, coupled with a transition to a faster programming language, resulted in a ten- to thousand-fold speed increase in critical tasks such as substructure matching, predictive model generation, and chemical class identification. With version 4.0, it is now possible to perform detailed analyses of thousands of molecules in just minutes, versus hours or days using the previous version.”
Walt Woltosz, chairman and chief executive officer of Simulations Plus, added: “We’ve visited nearly 20 companies in February and March to show the beta version of ClassPharmer 4.0. Without exception, every scientist that saw it wants it. Dr. Miller has done a remarkable job in a few short months to develop a greatly enhanced version of ClassPharmer that will increase our customers’ productivity by an order of magnitude or more”