Schrödinger to Host Webcast in Conjunction with Presentation of Preclinical Data for Its CDC7 Program at Virtual AACR Annual Meeting

Rhea-AI Summary

Schrödinger (Nasdaq: SDGR) announced a webcast to review preclinical data from its CDC7 program at the AACR Annual Meeting on April 12, 2021. The session will also cover overviews of internal programs MALT1 and Wee1, highlighting the computational platform's role in drug discovery. Schrödinger's platform aims to accelerate the discovery of high-quality novel molecules, reducing costs compared to traditional methods. This presentation reflects ongoing efforts in drug development and collaboration with various global entities.

Positive

• Webcast scheduled for April 12, 2021, to present preclinical data from the CDC7 program.
• Overview of MALT1 and Wee1 programs alongside CDC7 could enhance investor interest.
• Computational platform is highlighted as a key driver for faster drug discovery and reduced costs.

Negative

• Forward-looking statements indicate risks in drug development and regulatory review processes.

Schrödinger (Nasdaq: SDGR), whose physics-based software platform is transforming the way therapeutics and materials are discovered, today announced that it will host a webcast to review the preclinical data being presented from its CDC7 program during a virtual poster session at the upcoming American Association for Cancer Research (AACR) Annual Meeting. The company will also provide an overview of two other internal programs, MALT1 and Wee1, as well as highlight the role of its computational platform in accelerating the discovery of its novel molecules. The webcast will take place Monday, April 12, 2021, at 10:00 a.m. ET.

The webcast will be available under "News & Events" in the investors section of Schrödinger’s website, https://ir.schrodinger.com/news-and-events/event-calendar and will be archived for approximately 7 days.

About Schrödinger
Schrödinger is transforming the way therapeutics and materials are discovered. Schrödinger has pioneered a physics-based software platform that enables discovery of high-quality, novel molecules for drug development and materials applications more rapidly and at lower cost compared to traditional methods. The software platform is used by biopharmaceutical and industrial companies, academic institutions, and government laboratories around the world. Schrödinger’s multidisciplinary drug discovery team also leverages its software platform to advance collaborative programs and its own pipeline of novel therapeutics to address unmet medical needs.

Founded in 1990, Schrödinger has over 450 employees and is engaged with customers and collaborators in more than 70 countries. To learn more, visit www.schrodinger.com and follow us on LinkedIn and Twitter.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 including, but not limited to those regarding our expectations about the speed and capacity of our computational platform, as well as the ability of our platform to accelerate discovery of novel molecules for our internal programs. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Actual results may differ materially from those described in these forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control, including the uncertainties inherent in drug development and commercialization, uncertainties associated with the regulatory review of clinical trials and applications for marketing approvals, and other risks detailed under the caption “Risk Factors” and elsewhere in our Securities and Exchange Commission filings and reports, including our Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission on March 4, 2021, as well as future filings and reports by us. Any forward-looking statements contained in this press release speak only as of the date hereof. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this press release as a result of new information, future events, changes in expectations or otherwise.

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FAQ

What is the significance of the CDC7 program announced by Schrödinger?

The CDC7 program aims to provide important preclinical data that could impact its future drug development efforts.

When is the webcast for the preclinical data presentation?

The webcast is scheduled for April 12, 2021, at 10:00 a.m. ET.

What are the internal programs mentioned alongside CDC7?

The internal programs include MALT1 and Wee1, which are also being discussed in the upcoming presentation.

How does Schrödinger's computational platform benefit drug discovery?

The platform accelerates the discovery of high-quality novel molecules at lower costs compared to traditional methods.

What risks are associated with the forward-looking statements in the press release?

The risks include uncertainties in drug development, regulatory review, and the potential for actual results to differ from expectations.