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Schrodinger, Inc. - SDGR STOCK NEWS

Welcome to our dedicated page for Schrodinger news (Ticker: SDGR), a resource for investors and traders seeking the latest updates and insights on Schrodinger stock.

Company Overview

Schrodinger, Inc. stands as a unique enterprise where advanced molecular simulation technology meets impactful enterprise software solutions. The company is deeply rooted in transforming drug discovery and materials science research through innovative software and strategic research collaborations. Its dual operating segments—Software and Drug Discovery—serve a broad spectrum of customers in pharmaceuticals, biotechnology, and materials science industries, enhancing research precision and accelerating development timelines.

Core Business Areas

The company is organized into two fundamental segments:

  • Software Segment: This unit is dedicated to providing state-of-the-art molecular simulation software that aids scientists in optimizing research processes. By leveraging its predictive capabilities through advanced computational models, Schrodinger helps customers reduce research costs and streamline drug discovery pipelines.
  • Drug Discovery Segment: Focused on generating revenue from a diverse portfolio of preclinical and clinical programs, this segment operates through internally managed initiatives as well as strategic collaborations. It harnesses scientific insights and milestone-based research funding to push forward breakthroughs in therapeutic development and materials advancements.

Market Significance

Schrodinger’s innovative approach is built on the foundation of scientific research excellence and advanced technological application. The integration of cutting-edge molecular simulations within its software solutions offers a competitive advantage to researchers, supporting faster and more accurate decision-making processes. In an industry driven by complex R&D challenges, the company’s unique dual model positions it as an instrumental contributor to the progression of life sciences and materials research.

Scientific Impact and Expertise

Underpinning its commercial success is a robust commitment to science. Schrodinger’s significant investments in basic research have resulted in numerous scientific breakthroughs, which are frequently validated through peer-reviewed publications. This dedication to foundational research and evidence-based innovation not only reinforces the company's market credibility but also provides a roadmap for future scientific endeavors in drug discovery and beyond.

Collaborations and Strategic Partnerships

Collaboration stands at the heart of Schrodinger’s operational ethos. The company has established deep, long-term partnerships across various industries, including pharmaceuticals, biotechnology, chemicals, and electronics. By collaborating with key industry players and even contributing to ventures like biotechnology startups, Schrodinger extends its innovative reach and fosters a dynamic exchange of scientific expertise.

Competitive Landscape

In a competitive market characterized by rapid advancements in computational chemistry and software-driven research, Schrodinger differentiates itself through its integrated business model. By combining software-driven research tools with active participation in drug discovery programs, the company offers a comprehensive approach that addresses both immediate research needs and the broader, long-term challenges of drug development. Its focus on quality, scientific rigor, and technological innovation ensures that its solutions remain indispensable in an increasingly complex market environment.

Overall, Schrodinger, Inc. epitomizes a blend of scientific excellence and technological expertise that drives innovation across critical sectors. Its contributions to advanced molecular simulations, combined with a clear value proposition in transforming drug discovery and materials science research, make it a pivotal player in the evolution of modern research and development.

Rhea-AI Summary
Schrödinger, Inc. (Nasdaq: SDGR) granted non-statutory stock options and restricted stock units to newly hired employees as inducement grants under Nasdaq Listing Rule 5635(c)(4). The stock options have an exercise price of $25.54 per share and vest over four years, while the RSUs also vest over four years. These grants were made as a material inducement to the employees' acceptance of employment with the company.
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Schrödinger (SDGR) will report its first quarter 2024 financial results on May 1, 2024, after the markets close. The company will host a conference call and webcast at 4:30 p.m. ET. The live webcast can be accessed on Schrödinger's website.
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Schrödinger, Inc. (Nasdaq: SDGR) presented the discovery of SGR-1505, its MALT1 inhibitor, at the ACS Spring 2024 Meeting. SGR-1505 is being evaluated in a Phase 1 study for B-cell malignancies. Schrödinger's computational platform expedited the discovery process, leading to the selection of SGR-1505 as the development candidate in just 10 months.
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Schrödinger, Inc. (SDGR) granted stock options and RSUs to newly hired employees as part of its 2021 Inducement Equity Incentive Plan. The stock options have an exercise price of $26.04 per share and a ten-year term, while the RSUs vest over four years. These grants were made to attract talent and align employee interests with company growth.
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Schrödinger, Inc. (SDGR) achieved a 44% increase in fourth-quarter software revenue, totaling $68.7 million, and reported 20% annual total revenue growth, reaching $216.7 million. The company expects 6% to 13% software revenue growth in 2024. Schrödinger's CEO, Ramy Farid, highlighted the progress made in 2023, focusing on platform advancements and pipeline expansion, including two clinical-stage programs.
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Schrödinger (SDGR) to participate in key healthcare and biopharma conferences in March 2024, offering investors insights into the company's innovative computational platform.
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Schrödinger, Inc. (SDGR) granted non-statutory stock options and restricted stock units to newly hired employees as part of their employment compensation. The stock options have an exercise price of $26.58 per share and a ten-year term, while the RSUs vest over four years. These grants were made under the company's 2021 Inducement Equity Incentive Plan.
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Schrödinger (SDGR) will release its Q4 and full-year 2023 financial results on February 28, 2024, after market close. A conference call and webcast will follow at 4:30 p.m. ET, accessible on the company's website.
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Schrödinger, Inc. (SDGR) granted non-statutory stock options and restricted stock units to newly hired employees as a material inducement to their employment. The stock options have an exercise price of $27.41 per share, a ten-year term, and vest over four years, while the RSUs vest over four years as well. These grants were made pursuant to the company’s 2021 Inducement Equity Incentive Plan and were approved by the compensation committee of the board of directors.
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Schrödinger, Inc. (Nasdaq: SDGR) announces an expanded, three-year software agreement with Eli Lilly and Company. The agreement provides Lilly with large-scale access to Schrödinger’s full suite of technologies to enable and accelerate all stages of drug discovery. Schrödinger also provided an update on its progress across the business and announced its development and operational goals for 2024, including advancing its proprietary pipeline and driving software adoption.
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FAQ

What is the current stock price of Schrodinger (SDGR)?

The current stock price of Schrodinger (SDGR) is $18.21 as of April 7, 2025.

What is the market cap of Schrodinger (SDGR)?

The market cap of Schrodinger (SDGR) is approximately 1.3B.

What is Schrodinger, Inc.'s core business model?

Schrodinger, Inc. operates through two primary segments: a Software segment that provides advanced molecular simulation tools, and a Drug Discovery segment that leverages strategic research collaborations. These activities support innovation in pharmaceutical and material science research.

How does Schrodinger generate revenue?

The company generates revenue from the sales of its enterprise software solutions and from research funding along with milestone payments through collaborations in drug discovery. This dual approach reflects its integrated business model.

Which industries benefit from Schrodinger's solutions?

Schrodinger serves a variety of industries including pharmaceuticals, biotechnology, and materials science. Its molecular simulation software is pivotal in accelerating research in life sciences and support fields such as chemical and electronics research.

What distinguishes Schrodinger's simulation software?

Its software is recognized for its advanced computational capabilities that deliver predictive insights to facilitate faster and more precise research. The technology not only supports cost reduction but also fosters breakthrough discoveries in drug development.

What role do collaborations play in Schrodinger's business?

Collaborations are central to Schrodinger’s approach; the company engages with leading pharmaceutical and biotechnology firms to drive innovative drug discovery programs. These partnerships enhance the application and trust in its software solutions.

How is scientific expertise reflected in the company's operations?

Schrodinger has consistently invested in basic research, resulting in a strong portfolio of peer-reviewed scientific publications. This rigorous approach underpins the credibility of its simulation software and the reliability of its research collaborations.

How does Schrodinger compare to competitors in its field?

By integrating advanced molecular simulations with active drug discovery programs, Schrodinger offers a more holistic solution compared to companies that focus solely on software or research alone. Its combination of technological innovation and scientific validation sets it apart in a competitive market.
Schrodinger, Inc.

Nasdaq:SDGR

SDGR Rankings

SDGR Stock Data

1.32B
62.19M
2.49%
97.93%
12.67%
Health Information Services
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