Schrödinger, which provides a software platform for life sciences and materials research, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The New York, NY-based company was founded in 1990 and booked $77 million in revenue for the 12 months ended September 30, 2019. It plans to list on the Nasdaq under the symbol SDGR. Morgan Stanley, BofA Securities, Jefferies, and BMO Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
