Asset Manager

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Simulations Plus

Simulations Plus was incorporated in Lancaster, California, in 1996 and shifted the pharmaceutical industry's approach to drug testing with the 1998...

Simulations Plus

Simulations Plus was incorporated in Lancaster, California, in 1996 and shifted the pharmaceutical industry's approach to drug testing with the 1998 launch of GastroPlus, a mechanistic simulation package that models absorption, pharmacokinetics, and pharmacodynamics. The firm expanded through a series of acquisitions: it absorbed Cognigen Corporation in 2014 to add population PK/PD expertise, acquired DILIsym Services in 2017 for drug-induced liver injury simulation, added the MonolixSuite through the 2020 purchase of Lixoft, and entered immunology and oncology via Immunetrics in 2023. The firm now operates six software platforms spanning the drug development continuum. GastroPlus performs physiologically based pharmacokinetic and biopharmaceutics modeling for multiple dosage routes. ADMET Predictor deploys machine learning for absorption, distribution, metabolism, excretion, and toxicity prediction, including AI-driven drug design. The DILIsym and Thales platforms handle quantitative systems toxicology and pharmacology, respectively, while Pro-ficiency, acquired in June 2024, adds a performance-management learning engine for clinical trial simulation training. The consulting division supports pharmaceutical, biotechnology, and regulatory agencies worldwide; the United States FDA has renewed its DILIsym software licenses for at least seven consecutive years. Simulations Plus employs a distributed scientific team and operates from its Lancaster headquarters, though it maintains no disclosed additional offices. The company's footprint is extended through partnerships with academic institutions such as the University of Bath, the University of Connecticut, and the University of Southern California to secure NIH and FDA grants for AI-driven drug discovery and mechanistic-model validation. Community engagement includes a $25,000 gift to Girls Who Code in 2022 and multiple grants to rare-disease and childhood-cancer organizations. In December 2025, the firm announced it was positioned to capitalize on the FDA's streamlined nonclinical safety guidance with advanced mechanistic and model-informed solutions. Simulations Plus is a publicly traded company listed on the Nasdaq under the symbol SLP, a structural reality that subjects it to quarterly earnings cycles and capital-market expectations — a posture distinct from a family office or a founder-owned bootstrapped scientific-tools company. Its model integrates software revenue, consulting services, and grant-funded research into a single entity, which means the same scientists building the FDA-used DILIsym platform also consult on regulatory submissions.

General information

Firm type

Asset Manager

Year founded

1996

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Lancaster

Corporate office

Lancaster, CA, United States

Principals

Shawn O'Connor

Chief Executive Officer

Viera Lukacova

Chief Science Officer

Sector focus

Healthcare ServicesAI/MLEnterprise Software

Frequently asked questions

Who oversees the scientific direction at Simulations Plus?

Dr. Viera Lukacova serves as Chief Science Officer, a role highlighted when she was named an AAPS Fellow in August 2023 (per the firm, August 2023). She guides the development of the mechanistic modeling platforms, including GastroPlus and the DILIsym quantitative systems toxicology suite.

How does Simulations Plus generate revenue?

Revenue comes from three sources: licensing its biosimulation software to pharmaceutical and regulatory clients, providing consulting services for model-informed drug development, and conducting grant-funded research in partnership with institutions such as the FDA and NIH. The June 2024 acquisition of Pro-ficiency adds a learning-engine platform for clinical trial simulations.

What is Simulations Plus’s relationship with the FDA?

The FDA is a repeat licensee of the firm's DILIsym software for drug-induced liver injury assessment, renewing annually for at least seven consecutive years. The agency also awards grants to Simulations Plus alongside academic partners to validate in vitro-in vivo extrapolation methods and expand mechanistic modeling for complex formulations.

Which software platforms anchor the Simulations Plus portfolio?

Six platforms cover the drug lifecycle: GastroPlus (PBPK/PBBM absorption modeling), ADMET Predictor (machine learning for ADMET and AI-driven drug design), MonolixSuite (pharmacometrics and PK/PD), DILIsym (quantitative systems toxicology for liver injury), Thales (quantitative systems pharmacology), and Pro-ficiency (clinical trial simulation training). Each platform operates under its own release cycle.

Does Simulations Plus operate as a pharmaceutical company or a software provider?

It is a software and consulting firm, not a drug developer. Its platforms and scientists support preclinical and clinical-stage decision-making for external clients, including major pharmaceutical and biotech companies, rather than advancing an internal drug pipeline.

Is Simulations Plus a publicly traded company?

Yes. Simulations Plus has been listed on the Nasdaq under the ticker SLP since 1999 and was uplisted to the Nasdaq Global Select Market in 2021. It raised approximately $115 million in a 2020 public offering.

How has Simulations Plus grown since its founding?

Founded in 1996 around a single gastrointestinal simulation tool, the firm expanded through targeted acquisitions: Cognigen (2014) for population PK/PD, DILIsym Services (2017) for liver-toxicity simulation, Lixoft (2020) for the MonolixSuite, Immunetrics (2023) for immunology and oncology, and Pro-ficiency (2024) for clinical trial simulation training.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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