Pharsight Corporation Achieves 11% Revenue Growth for First Quarter

MOUNTAIN VIEW, Calif., July 26 /PRNewswire-FirstCall/ -- Pharsight Corporation (OTC Bulletin Board: PHST - News), a leading provider of software and strategic services designed to optimize clinical drug development, today announced financial results for its first quarter of fiscal 2008, ended June 30, 2007. Revenue for the first quarter was $6.1 million, an 11% increase compared with revenue of $5.4 million in the first quarter of fiscal 2007.

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