{"id":869383,"date":"2025-07-14T16:24:01","date_gmt":"2025-07-14T20:24:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/"},"modified":"2025-07-14T16:24:01","modified_gmt":"2025-07-14T20:24:01","slug":"simulations-plus-invests-in-clinical-development-technology-company-nurocor","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/","title":{"rendered":"Simulations Plus Invests in Clinical Development Technology Company Nurocor"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Simulations Plus Invests in Clinical Development Technology Company Nurocor<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Investment to accelerate innovations in biopharma development <\/i><i>through Corporate Development Initiative<\/i><\/b><\/p>\n<p>RESEARCH TRIANGLE PARK, N.C.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.simulations-plus.com%2F%3Fmtm_campaign%3DSimulations_Plus_Invests_in_Clinical_Development_Technology_Company_Nurocor%26mtm_source%3Dissuerdirect%26mtm_medium%3Dpressrelease&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=Simulations+Plus%2C+Inc.&amp;index=1&amp;md5=d088ea8d5c3b2c92828f44ae2763247f\">Simulations Plus, Inc.<\/a> (Nasdaq: SLP) (\u201cSimulations Plus\u201d), a leading provider of cheminformatics, biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, today announced an investment of $1 million in technology company Nurocor.<\/p>\n<p>\nFounded in 2017, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnurocor.com%2F&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=Nurocor&amp;index=2&amp;md5=1cae856175fae3fdc9c3767a5fb578a1\">Nurocor<\/a> offers a cloud-based software platform designed to improve efficiency, reusability, governance, and automation for pharmaceutical companies through digitalization in the clinical development phase. Its solution significantly accelerates the typical clinical trial lifecycle, resulting in a reduction of the overall cost of the clinical development process.<\/p>\n<p>\nThe investment was made as part of Simulations Plus\u2019 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.simulations-plus.com%2Finvestorscorporate-profile%2Fcorporate-development-initiative%2F%3Fmtm_campaign%3DSimulations_Plus_Invests_in_Clinical_Development_Technology_Company_Nurocor%26mtm_source%3Dissuerdirect%26mtm_medium%3Dpressrelease&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=Corporate+Development+Initiative&amp;index=3&amp;md5=9d382acbba45e744914a141704e037c7\">Corporate Development Initiative<\/a>, launched in 2024 to support early-stage technology companies accelerating innovations within the pharmaceutical industry.<\/p>\n<p>\n\u201cWe are pleased to support Nurocor in its mission to help clients leverage technology to bring drugs to market more rapidly,\u201d said <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.simulations-plus.com%2Fpeople%2Fshawn-oconnor%2F%3Fmtm_campaign%3DSimulations_Plus_Invests_in_Clinical_Development_Technology_Company_Nurocor%26mtm_source%3Dissuerdirect%26mtm_medium%3Dpressrelease&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=Shawn+O%26%238217%3BConnor&amp;index=4&amp;md5=4215997194243b2298690a8afd8c5229\">Shawn O\u2019Connor<\/a>, Chief Executive Officer of Simulations Plus. \u201cTheir vision aligns with our own, and we see tremendous potential for clients to deploy our complementary solutions in clinical trial design, protocol development, and site competency and compliance. We believe our investment in Nurocor will deliver considerable and measurable value to clients and ultimately get much-needed treatments to patients faster.\u201d<\/p>\n<p>\n\u201cWe are excited to make this strategic investment through our Corporate Development Initiative,\u201d said <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.simulations-plus.com%2Fpeople%2Fwill-frederick%2F%3Fmtm_campaign%3DSimulations_Plus_Invests_in_Clinical_Development_Technology_Company_Nurocor%26mtm_source%3Dissuerdirect%26mtm_medium%3Dpressrelease&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=Will+Frederick&amp;index=5&amp;md5=849d3677ae78c87156cbd6d18cb4b8a0\">Will Frederick<\/a>, Chief Financial Officer of Simulations Plus. \u201cThis initiative is specifically designed to foster growth for early-stage companies, as well as identify potential partners and acquisition targets that complement our organic growth strategy and expand our total addressable market.\u201d<\/p>\n<p>\nIn 2024, the clinical trial technology and services sector\u2014which encompasses digital tools and services\u2014was estimated at $25.7 billion. It is projected to grow at a compound annual growth rate (CAGR) of 15.5% from 2025 to 2030, driven by the increasing adoption of digital health technologies and the growing demand for more efficient patient recruitment.<\/p>\n<p>\n\u201cWe are thrilled to have the support of Simulations Plus as we enter our next stage of growth,\u201d said Alex Lazar, Chief Executive Officer of Nurocor. \u201cThe investment is a strong vote of confidence in our team and technology, and we look forward to partnering with them to help clients realize efficiencies through the optimization and automation of their clinical trials.\u201d<\/p>\n<p>\nInterested parties can learn more about Simulations Plus\u2019 Corporate Development Initiative <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.simulations-plus.com%2Finvestorscorporate-profile%2Fcorporate-development-initiative%2F%3Fmtm_campaign%3DSimulations_Plus_Invests_in_Clinical_Development_Technology_Company_Nurocor%26mtm_source%3Dissuerdirect%26mtm_medium%3Dpressrelease&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=here&amp;index=6&amp;md5=63842a08f1265073408ae32dc4e53908\">here<\/a>.<\/p>\n<p><b>About Simulations Plus, Inc.<\/b><\/p>\n<p>\nWith more than 25 years of experience serving clients globally, Simulations Plus stands as a premier provider in the biopharma sector, offering advanced software and consulting services that enhance drug discovery, development, research, clinical trial operations, regulatory submissions, and commercialization. Our comprehensive biosimulation solutions integrate artificial intelligence\/machine learning (AI\/ML), physiologically based pharmacokinetics, physiologically based biopharmaceutics, quantitative systems pharmacology\/toxicology, and population PK\/PD modeling approaches. We also deliver simulation-enabled performance and intelligence solutions alongside medical communications support for clinical and commercial drug development. Our cutting-edge technology is licensed and utilized by leading pharmaceutical, biotechnology, and regulatory agencies worldwide. For more information, visit our website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.simulations-plus.com%2F%3Fmtm_campaign%3DSimulations_Plus_Invests_in_Clinical_Development_Technology_Company_Nurocor%26mtm_source%3Dissuerdirect%26mtm_medium%3Dpressrelease&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=www.simulations-plus.com&amp;index=7&amp;md5=7971b78a4e8e5effede4ffb7430da084\">www.simulations-plus.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fsimulations-plus%2Fmycompany%2F&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=8&amp;md5=2ca321241c2b5867972dab2e339de711\">LinkedIn <\/a>| <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FSimulationsPlus&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=X&amp;index=9&amp;md5=4b68d67f3524936f72db6222171a6b2d\">X <\/a>| <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fc%2FSimulationsPlusInc&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=YouTube&amp;index=10&amp;md5=24800d971756de5597153286868d6812\">YouTube<\/a>.<\/p>\n<p><b>Environmental, Social, and Governance (ESG)<\/b><\/p>\n<p>\nWe focus our Environmental, Social, and Governance (ESG) efforts where we can have the most positive impact. To learn more about our latest initiatives and priorities, please visit our website to read our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.simulations-plus.com%2Finvestorscorporate-profile%2F2024-esg-at-a-glance%2F%3Fmtm_campaign%3DSimulations_Plus_Invests_in_Clinical_Development_Technology_Company_Nurocor%26mtm_source%3Dissuerdirect%26mtm_medium%3Dpressrelease&amp;esheet=54290196&amp;newsitemid=20250714193406&amp;lan=en-US&amp;anchor=2024+ESG+update.&amp;index=11&amp;md5=82fd4e946fd975dfb0b214898de15e86\">2024 ESG update.<\/a><\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nExcept for historical information, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties. Words like \u201cbelieve,\u201d \u201cwill\u201d, \u201ccan\u201d, \u201cbelieve\u201d, \u201cexpect,\u201d \u201canticipate\u201d and similar expressions (or the negative of such terms, as well as other words or expressions referencing future events, conditions or circumstances) mean that these are our best estimates as of this writing, but there can be no assurances that expected or anticipated results or events will actually take place, so our actual future results could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to: effectiveness of our new operational structure, our ability to maintain our competitive advantages, acceptance of new software and improved versions of our existing software by our customers, the general economics of the pharmaceutical industry, our ability to finance growth, our ability to continue to attract and retain highly qualified technical staff, market conditions, macroeconomic factors, and a sustainable market. Further information on our risk factors is contained in our quarterly, annual and current reports and filed with the U.S. Securities and Exchange Commission. ###<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250714193406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250714193406\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250714193406\/en\/<\/a><\/span><\/p>\n<p><span class=\"bwuline\">Financial Profiles<br \/>\n<\/span><br \/>Lisa Fortuna<br \/>\n<br \/>310-622-8251<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:slp@finprofiles.com\">slp@finprofiles.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North Carolina United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Health Technology Health Technology Software Artificial Intelligence Pharmaceutical Biotechnology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250714193406\/en\/1534621\/3\/SLP-Logo-Stacked.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Simulations Plus Invests in Clinical Development Technology Company Nurocor Investment to accelerate innovations in biopharma development through Corporate Development Initiative RESEARCH TRIANGLE PARK, N.C.&#8211;(BUSINESS WIRE)&#8211;Simulations Plus, Inc. (Nasdaq: SLP) (\u201cSimulations Plus\u201d), a leading provider of cheminformatics, biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, today announced an investment of $1 million in technology company Nurocor. Founded in 2017, Nurocor offers a cloud-based software platform designed to improve efficiency, reusability, governance, and automation for pharmaceutical companies through digitalization in the clinical development phase. Its solution significantly accelerates the typical clinical trial lifecycle, resulting in a reduction of the overall cost of the clinical development process. The investment was made as part of Simulations Plus\u2019 Corporate Development &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Simulations Plus Invests in Clinical Development Technology Company Nurocor&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-869383","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Simulations Plus Invests in Clinical Development Technology Company Nurocor - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Simulations Plus Invests in Clinical Development Technology Company Nurocor - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Simulations Plus Invests in Clinical Development Technology Company Nurocor Investment to accelerate innovations in biopharma development through Corporate Development Initiative RESEARCH TRIANGLE PARK, N.C.&#8211;(BUSINESS WIRE)&#8211;Simulations Plus, Inc. (Nasdaq: SLP) (\u201cSimulations Plus\u201d), a leading provider of cheminformatics, biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, today announced an investment of $1 million in technology company Nurocor. Founded in 2017, Nurocor offers a cloud-based software platform designed to improve efficiency, reusability, governance, and automation for pharmaceutical companies through digitalization in the clinical development phase. Its solution significantly accelerates the typical clinical trial lifecycle, resulting in a reduction of the overall cost of the clinical development process. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/","og_locale":"en_US","og_type":"article","og_title":"Simulations Plus Invests in Clinical Development Technology Company Nurocor - Market Newsdesk","og_description":"Simulations Plus Invests in Clinical Development Technology Company Nurocor Investment to accelerate innovations in biopharma development through Corporate Development Initiative RESEARCH TRIANGLE PARK, N.C.&#8211;(BUSINESS WIRE)&#8211;Simulations Plus, Inc. (Nasdaq: SLP) (\u201cSimulations Plus\u201d), a leading provider of cheminformatics, biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, today announced an investment of $1 million in technology company Nurocor. Founded in 2017, Nurocor offers a cloud-based software platform designed to improve efficiency, reusability, governance, and automation for pharmaceutical companies through digitalization in the clinical development phase. Its solution significantly accelerates the typical clinical trial lifecycle, resulting in a reduction of the overall cost of the clinical development process. The investment was made as part of Simulations Plus\u2019 Corporate Development &hellip; Continue reading \"Simulations Plus Invests in Clinical Development Technology Company Nurocor\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/","og_site_name":"Market Newsdesk","article_published_time":"2025-07-14T20:24:01+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250714193406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Simulations Plus Invests in Clinical Development Technology Company Nurocor","datePublished":"2025-07-14T20:24:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/"},"wordCount":795,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250714193406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/simulations-plus-invests-in-clinical-development-technology-company-nurocor\/","name":"Simulations Plus Invests in Clinical Development Technology Company Nurocor - 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