Bill Gates backs Schrödinger's $85M ven­ture raise for its stand­out com­pu­ta­tion­al drug dis­cov­ery plat­form

Com­pu­ta­tion­al chem­istry in drug dis­cov­ery is noth­ing new — the idea that more pre­cise mol­e­c­u­lar de­sign can speed up and op­ti­mize R&D is al­ways ap­peal­ing to an in­dus­try des­per­ate for a high­er re­turn of in­vest­ment — but it might just be gain­ing steam again. Just look at the list of in­vestors in Schrödinger’s lat­est round.

Deer­field Man­age­ment, Baron, Qim­ing Ven­ture Part­ners, and GV (for­mer­ly Google Ven­tures) all chipped in­to the $85 mil­lion Se­ries E, co-led by two of Schrödinger’s big be­liev­ers: Bill Gates, who’s sup­port­ed pre­vi­ous rounds; and WuXi AppTec, which launched a drug dis­cov­ery joint ven­ture with the com­pa­ny just weeks ago.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.