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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.

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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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Schrödinger, Inc. (Nasdaq: SDGR) granted non-statutory stock options to purchase 1,800 shares of the company’s common stock and restricted stock units (RSUs) with respect to 2,250 shares of the company’s common stock to three newly hired employees. The stock options have an exercise price of $31.37 per share, a ten-year term, and vest over four years. The RSUs also vest over four years, with 25 percent vesting after 12 months of continuous service and the balance vesting in successive installments. These grants were made as a material inducement to the employees’ acceptance of employment in accordance with Nasdaq Listing Rule 5635(c)(4).
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Schrödinger (Nasdaq: SDGR) presents data on SGR-1505's Phase 1 study, expansion of portfolio with EGFRC797S, PRMT5-MTA, and NLRP3 programs, and development efforts targeting synthetic lethality and DNA-damage repair mechanisms. The company also outlines anticipated milestones and provides a detailed review of its proprietary drug discovery and development programs during its Pipeline Day.
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Schrödinger (Nasdaq: SDGR) announced new preclinical data on SGR-1505, its investigational MALT1 inhibitor, and SGR-2921, its investigational CDC7 inhibitor, at the American Society of Hematology 65th Annual Meeting. Both candidates show favorable attributes and potential for combination activity with standard-of-care agents. The company also reported preliminary pharmacodynamic data from the Phase 1 study of SGR-1505 in healthy subjects. SGR-1505 and SGR-2921 are now being evaluated in Phase 1 clinical studies for B-cell malignancy and acute myeloid leukemia or myelodysplastic syndrome, respectively. The presentation at ASH demonstrated the potency of SGR-1505 and SGR-2921, with SGR-1505 showing greater modulation of NF-ΚΒ and related pathway genes compared to JNJ-6633, and SGR-2921 exhibiting significant anti-leukemic responses in patient-derived AML models. Schrödinger will provide additional data from the healthy subject study at its Pipeline Day on December 14, 2023.
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Schrödinger, Inc. (Nasdaq: SDGR) Grants Stock Options and Restricted Stock Units to Newly Hired Employees
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Schrödinger (Nasdaq: SDGR) announced its participation in two upcoming conferences in November. The company will have a fireside chat at the Jefferies London Healthcare Conference on November 15, 2023, at 9:30 a.m. GMT, and a fireside discussion at the Piper Sandler 35th Annual Healthcare Conference on November 29, 2023, at 9:30 a.m. ET. The discussions can be accessed on Schrödinger's website and will be archived for approximately seven days.
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Schrödinger (Nasdaq: SDGR) announced that new data on its investigational MALT1 inhibitor, SGR-1505, and CDC7 inhibitor, SGR-2921, will be presented at the ASH 65th Annual Meeting. The data support the continued development of SGR-1505 as a potential therapy for advanced B-cell malignancies. Additionally, SGR-2921 demonstrates strong anti-leukemic activity in preclinical models of AML. Schrödinger will review these data as part of its Pipeline Day on December 14, 2023.
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Schrödinger, Inc. (Nasdaq: SDGR) reported total revenue of $42.6 million for the third quarter of 2023. The company maintains its full-year 2023 revenue guidance. Progress was made for SGR-1505, with healthy volunteer data expected in the fourth quarter of 2023. Phase 1 study was initiated for SGR-2921. Schrödinger also disclosed the PRMT5-MTA Discovery Program. BMS returned two programs from collaboration.
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Schrödinger (Nasdaq: SDGR) will host its Pipeline Day in New York City on December 14, 2023. The event will feature a detailed review of the company's development programs, including updates on SGR-1505, SGR-2921, SGR-3515, and multiple proprietary discovery programs. It will be a hybrid event with limited in-person attendance and a simultaneous webcast for virtual participation. The live presentation can be accessed on Schrödinger's website.
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Schrödinger, Inc. has granted non-statutory stock options and restricted stock units (RSUs) to newly hired employees as part of their employment compensation. The stock options have an exercise price of $24.61 per share and a ten-year term, vesting over four years. The RSUs also vest over four years, with 25 percent vesting after 12 months of continuous service.
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FAQ

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

The current stock price of Schrodinger (SDGR) is $25.21 as of April 16, 2025.

What is the market cap of Schrodinger (SDGR)?

The market cap of Schrodinger (SDGR) is approximately 1.8B.

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

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SDGR Stock Data

1.82B
62.19M
2.49%
97.93%
12.67%
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