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Schrödinger Appoints Geoffrey Porges as Chief Financial Officer
NEW YORK--(BUSINESS WIRE)-- Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based software platform is transforming the way therapeutics and materials are
About this update from Schrodinger, Inc.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nSchrödinger, Inc. (Nasdaq: SDGR), whose physics-based software platform is transforming the way therapeutics and materials are discovered, today announced the appointment of Geoffrey Porges, MBBS., as chief financial officer. Dr. Porges brings to Schrödinger more than 30 years of experience in executive, advisory and investment roles within the biopharmaceutical industry. As Schrödinger’s CFO, he will lead all aspects of the company’s financial operations and investor relations and corporate affairs activities. He will also oversee business development and strategic planning for the company’s proprietary pharmaceuticals and biopharmaceutical collaborations.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220818005061/en/Schrödinger, whose physics-based software platform is transforming the way therapeutics and materials are discovered, today announced the appointment of Geoffrey Porges, MBBS., as chief financial officer. (Photo: Business Wire)\n“Geoff is a proven leader in the biopharmaceutical and investment industries and has been one of the most respected analysts covering biopharma,” said Ramy Farid, Ph.D., chief executive officer at Schrödinger. “His deep expertise in capital allocation and corporate strategy will play a key role in driving the anticipated growth of the company.”\n\n“After over 30 years of investment Schrödinger’s physics-based drug discovery platform has been widely validated and is the leading technology for predictive modeling and drug design in biopharma,” said Dr. Porges. “The company’s balance sheet and revenue outlook are very strong and there are many opportunities to expand the company’s current portfolio of collaborative and internal programs, and software partnerships. I’m excited to contribute to the next chapter of Schrödinger’s remarkable history.”\n\nDr. Porges joins Schrödinger from SVB Securities, where he was most recently vice chairman. From 2015 until 2022, Dr. Porges was senior managing director, director of therapeutics research and senior research analyst at SVB Securities and at Leerink prior to its acquisition by SVB Securities. In that capacity, he led the Leerink/SVB therapeutics research team and personally provided research coverage for established and emerging diversified biopharmaceutic...