Insightful Corporation Reports Building Strong Momentum in Life Sciences
May 23 2007 - 9:00AM
Business Wire
Insightful Corporation (NASDAQ:IFUL), a leading provider of
predictive analytics and reporting solutions, today announced
building momentum with large life sciences customers, including
both new and expanding engagements over the past 12 months to
integrate cutting-edge analytics and graphics into all phases of
the drug development life cycle. Insightful counts a majority of
the world�s leading pharmaceutical companies as customers,
including Pfizer, Inc., AstraZeneca International, Johnson &
Johnson, and Hoffman-La Roche, Inc. During the past 12 months, each
of these four companies and many of the other leading
pharmaceutical companies started new life sciences solutions
projects with Insightful, expanded existing projects, or purchased
more software licenses from Insightful. Pfizer, Inc. has signed an
agreement to deploy S-PLUS predictive analytics software within the
company. Insightful�s agreement with Pfizer is based on software
license and maintenance fees. Life Sciences Solutions Provide the
Knowledge to Act� Insightful provides life sciences organizations
with the knowledge they need to drive faster, better decisions with
specialized analytics, graphics and reporting formats. Insightful
offers software and service solutions in clinical graphics, PK/PD
reporting, clinical data review, innovative trial design, and
safety data mining. These solutions are designed to act in concert
with existing data management and workflow systems within validated
environments to speed the analysis and reporting processes, to
increase the likelihood of discerning safety and efficacy signals
earlier in the development lifecycle thus decreasing our customers�
product development costs and time to market. �The agreement with
Pfizer, which was signed in December, was one of several with large
life sciences companies over the past 12 months, which we believe
reflects pharmaceutical companies� demand for faster, better and
more cost-effective ways to analyze their data and report their
results in all phases of the drug development lifecycle,� said Jeff
Coombs, president and CEO of Insightful. �The analytic rigor and
graphic superiority of our S-PLUS platform for pre-clinical,
clinical, and regulatory submissions have been recognized by our
customers as setting a standard of excellence in the industry.�
ABOUT INSIGHTFUL Insightful Corporation (NASDAQ:IFUL) is a provider
of predictive analytics and reporting solutions that gives
companies the knowledge to act�. Insightful products S-PLUS�,
Insightful Miner�, S-PLUS� Server and InFact� allow companies to
perform sophisticated statistical data analysis, data mining and
create high-quality graphics from numeric and text data. The
company has been delivering industry-leading, high-ROI solutions to
thousands of companies in financial services, life sciences,
biotechnology, telecommunications, and manufacturing, plus
government and research institutions. Headquartered in Seattle,
Insightful has offices in New York, North Carolina, France,
Switzerland, and the United Kingdom, with distributors around the
world. For more information, visit www.insightful.com, email
info@insightful.com or call 800-569-0123. Note to Investors --
Forward-Looking Statements This press release contains
forward-looking statements, including statements about our
customers� plans for deploying our products and the expected
benefits of our solutions, including the ability of our products to
improve the quality and timeliness of predictive analytics and
quantitative research. Forward-looking statements are based on the
judgment and opinions of management at the time the statements are
made. Inaccurate assumptions and known and unknown risks and
uncertainties can affect the accuracy of forward-looking
statements. Actual results could differ materially from those
expressed or implied by the forward-looking statements for a number
of reasons, including, without limitation, the risk that our
products to not perform as expected and the risks associated with
defects or errors in our products. More detailed information
regarding these and other factors that could affect actual results
is set forth in our filings with the Securities and Exchange
Commission, including our most recent Quarterly Report on Form
10-QSB. You should not unduly rely on these forward-looking
statements, which apply only as of the date of this release. We
undertake no obligation to update publicly any forward-looking
statements to reflect new information, events or circumstances
after the date of this release or to reflect the occurrence of
anticipated events.
Insightful (NASDAQ:IFUL)
Historical Stock Chart
From May 2024 to Jun 2024
Insightful (NASDAQ:IFUL)
Historical Stock Chart
From Jun 2023 to Jun 2024