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Pharsight Signs Two New DMX(R) License Customers
Date:4/2/2008

e drug development decision-making for promising therapies in their pipelines," said Shawn O'Connor, president, chief executive officer and chairman of Pharsight. "We believe DMX can enhance the cost and efficiency benefits of using modeling and simulation by helping clinical development project teams make decisions earlier and with greater confidence."

"DMX's intuitive visualization of model-based product profiles enables drug development teams to interact with complex information, particularly when a new drug faces tough competition," continued Mr. O'Connor. "We continue to see leading drug development organizations incorporate quantitative modeling and simulation, as advocated by the Food and Drug Administration in its Critical Path Initiative, into their decision-making processes."

About DMX

DMX is a software visualization and communication tool to explore model-based results of a compound's product profile. Through the DMX interface the development team can address key strategic development questions by comparing probabilistic outcomes for different endpoints, treatment strategies, and patient populations against competing products. DMX results are presented as a series of plots and tables that can be quickly updated based on pre-simulated models of clinical effect. Results are accessible from networked desktop or laptop computers for individual exploration, interactive team discussion, and communication of development strategies and program alternatives with senior decision-makers. Pharsight believes that DMX will help increase the usage of quantitative decision-making in the drug development process.

About Pharsight Corporation

Pharsight Corporation develops and markets integrated products and services that enable pharmaceutical and biotechnology companies to achieve significant and enduring improvements in the development and use of therapeutic products. Pharsight's goal is to help customers reduce the time, cost and risk o
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SOURCE Pharsight Corporation
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