Pharsight's New Internship Program to Support Future Leadership in Modeling and Simulation Discipline


MOUNTAIN VIEW, Calif., Feb. 20: Pharsight Corporation (BULLETIN BOARD: PHST) , a leading provider of software and strategic services for optimizing clinical drug development, today announced that it has accepted the first intern into a program designed to foster knowledge of modeling and simulation amongst graduate students doing clinical research in a variety of scientific disciplines. The first intern is a student working towards a PhD in Experimental and Clinical Pharmacology at the University of Minnesota's College of Pharmacy.

Pharsight's internship program will be based at its Mountain View, CA headquarters. Interns will be trained and mentored by senior scientists on Pharsight's Strategic Consulting Services (SCS) team. They will learn advanced modeling and simulation techniques using Pharsight's cutting-edge software and will be tutored in consulting strategy. Pharsight will target emerging talent at the leading academic programs in Pharmacology, Pharmacokinetics, Chemistry, and Biostatistics. In addition to this new program dedicated to fostering emerging talent in the industry, the Company also provides free software to thousands of students and teachers in more than 800 pharmacy and medical schools worldwide.

"This program creates a unique opportunity for Pharsight to attract and train top academic talent and should support and create future leadership in modeling and simulation for the drug development industry," said Shawn O'Connor, president and CEO of Pharsight. "Modeling and simulation continues to grow throughout the industry, and we believe that it is important to work with academia to foster interest and expertise in the field. By providing talented PhD students with opportunities to work on projects and gain in-depth modeling and simulation expertise, we believe we will also create important opportunities to grow our SCS business and further enhance our cutting-edge practice. We believe this program will be of great value to the students that are chosen to participate."

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. The company's goal is to help customers reduce the time, cost and risk of drug development, as well as optimize the post-approval marketing and use of pharmaceutical products.

Pharsight's approach enhances the fundamental element of drug development success: strong decision-making. By adopting the Pharsight approach, customers acquire a new decision-making process with the potential to systematically improve every level and phase of their business and scientific processes. Pharsight is headquartered in Mountain View, California. Information about Pharsight is available at www.pharsight.com/ .

Source: Pharsight Corporation

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