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Bristol Myers Squibb is paying Schrödinger $55 million up front as part of a broad pact to develop small-molecule therapies for oncology, immunology, and neurological diseases. BMS gains access to two early-stage programs already underway at Schrödinger, which uses a physics-based computational platform to identify and optimize its lead compounds. Since 2019, Schrödinger has sealed similarly broad pacts with AstraZeneca and Takeda Pharmaceutical.
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