Schrödinger Announces Formation Of Tectora, New Biotechnology Company; Tectora Secures $55M Series A Investment From NEA And RA Capital Management
Schrödinger, Inc. (NASDAQ:SDGR) today announced the formation of Tectora, a new biotechnology company it co-founded with New Enterprise Associates (NEA) and RA Capital Management, focused on developing innovative
Schrödinger helped start a brand-new biotech company called Tectora and raised $55 million to fund it. When a company starts a new business like this, watch whether it helps them make cool discoveries or takes focus away from their main work.
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