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Schrödinger's Statement Regarding FDA Plan to Phase Out Animal Testing Requirement for Monoclonal Antibodies and Other Drugs

1. Schrödinger supports FDA's plan to reduce animal testing in drug evaluation. 2. FDA's initiatives align with Schrödinger's computational drug prediction technologies.

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Why Bullish?

The FDA's support for computational approaches could enhance demand for Schrödinger's technology, similar to trends seen when regulations favor innovative solutions. Historical examples show biotech companies often benefit from regulatory shifts towards more efficient methodologies.

How important is it?

The FDA's changing regulatory landscape is crucial for companies leveraging computational methods, potentially increasing Schrödinger's market share and driving long-term revenue growth.

Why Long Term?

As the FDA implements new standards, Schrödinger could see sustained growth in demand for its platforms, akin to the growth seen post-2014 when FDA began favoring more streamlined approval processes for drugs.

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NEW YORK--(BUSINESS WIRE)--Schrödinger, Inc. (Nasdaq: SDGR) strongly supports the U.S. Food and Drug Administration's (FDA) plan to reduce, refine or potentially replace current animal testing requirements with new approaches designed to improve drug safety and accelerate the evaluation process, while reducing animal experimentation. The FDA's roadmap encourages a number of computational approaches to predict drug properties. Schrödinger's widely used computational platform enables highly accur.

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