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Schrödinger Expands Agreement with Google Cloud to Further Bolster Its Drug Discovery and Materials Science Initiatives
NEW YORK--(BUSINESS WIRE)-- Schrödinger, Inc. (Nasdaq: SDGR) today announced it has expanded its collaboration with Google Cloud to further increase the
About this update from Schrodinger, Inc.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nSchrödinger, Inc. (Nasdaq: SDGR) today announced it has expanded its collaboration with Google Cloud to further increase the speed and capacity of its physics-based computational platform for drug discovery and materials science. This new five-year agreement replaces the previous three-year commitment entered into in November 2019.\n\nThis expanded partnership will provide Schrödinger with hundreds of millions of graphics processing unit (GPU) hours, effectively tripling Schrödinger’s previous throughput, and pushing the capacity to the equivalent of the world’s most powerful supercomputers. Schrödinger aims to further accelerate drug discovery and materials design through the application of its large-scale physics-based and machine learning methods.\n\n“This is a pivotal moment for Schrödinger as we seek to strengthen our leadership position in physics-based approaches to molecular modeling. Our initial work last year with Google Cloud demonstrated our ability to apply large-scale computation to significantly accelerate drug discovery programs,” stated Shane Brauner, Schrödinger’s Chief Information Officer. “Our increased commitment provides unmatched computational scale to enable rapid, efficient and accurate exploration of chemical space, with a goal of advancing development programs for our pipeline.”\n\n“We are thrilled to provide best-in-class resources to enable research and the development of life-saving drugs by life science organizations to rapidly advance the next generation of therapies that will transform the lives of patients and their families,” said Joe Miles, Managing Director of Google Cloud Healthcare and Life Sciences. “It has been a pleasure working closely with the Schrödinger team over the last year, and we look forward to continuing a productive partnership.”\n\nFor further information about Schrödinger’s work with Google Cloud visit the case study or video online.\n\nAbout Schrödinger\n\nSchrödinger 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 i...