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Simulations Plus Inc
Simulations Plus makes computer software that simulates how drugs work in the human body. Pharmaceutical companies and researchers use this software to test potential new medicines on virtual patients before expensive real-world testing. The company makes money by selling software licenses and providing consulting services to help clients use their simulation tools effectively.
This company operates in the pharmaceutical technology sector, which helps drug companies develop new medicines faster using computer simulations instead of just lab tests. As drug development becomes more complex and expensive, these simulation tools help researchers save time and money by testing drug candidates virtually before moving to expensive human trials.
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ANALYSIS:Price energy is building quickly for a potential move. Bullish alignment confirmed.
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Price is extended significantly above 52-week highs.
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