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Drug Delivery
Novartis strikes a multimillion-dollar deal with Schrödinger
by Aayushi Pratap
November 18, 2024
| A version of this story appeared in
Volume 102, Issue 36
Novartis has entered a 3-year partnership with Schrödinger, a computational chemistry services company, to discover new drugs. Novartis will gain access to Schrödinger’s wide range of drug discovery software. Schrödinger will receive $150 million up front and will be eligible for $2.3 billion in milestone payments and royalties. Both companies will share responsibility for discovering drugs for targets the firms have yet to disclose.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2025 American Chemical Society
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