Schrodinger, Inc. (SDGR)
New IPO.
Simulation software has big moat. I think this company will be successful. It feels like Tesla stock. lol
Schrödinger is a life sciences company founded in 1990 that develops software for computational chemistry. The company is headquartered in New York City.
ProductsSchrödinger's computational platforms evaluate compounds in silico, with experimental accuracy on properties such as binding affinity and solubility. Schrödinger's products include molecular modeling programs and LiveDesign, an enterprise application designed to facilitate communication among interdisciplinary research teams. [1]
ServicesIn addition to its computational platforms Schrödinger provides professional services, including custom software development and training, computer-cluster design and implementation, and research-based drug discovery projects. [2] [3]
PartnersSchrödinger's partners include larger pharmaceutical companies, including Takeda [4] and Sanofi. [5]
Nimbus Therapeutics, co-founded by Schrödinger, uses Schrödinger's drug screening and design platform for drug discovery. In 2016, Nimbus Therapeutics sold an Acetyl-CoA Carboxylase (ACC) inhibitor designed by Schrödinger to Gilead in a deal worth up to $1.2 billion. [6] As of spring 2019 the ACC inhibitor was moving through late-stage clinical trials in NASH. [7]
RecognitionIn November 2013, Schrödinger, in collaboration with Cycle Computing and the University of Southern California, set a record for the world's largest and fastest cloud computing run by using 156,000 cores on Amazon Web Services to screen over 205,000 molecules for materials science research. [8] That work was a follow up to a 2012 collaboration which saw Cycle Computing creating a 50,000 core virtual supercomputer using Amazon infrastructure and Schrödinger's Glide program, which at that time was used to analyze 2.1 million compounds in 3 hours. [9]
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