May 13, 2020 Off

Schrödinger posts total revenue of $26.2M in Q1 2020

By BusinessWire

Schrödinger has reported a total revenue of $26.2 million and strong growth of 26% year-over-year, with record software revenue of $23.8 million, up 28% year-over-year, while it also raised $209.6 million in net proceeds through initial public offering.

May 13, 2020 Off

China NMPA OKs Optune for treatment of certain glioblastoma

By BusinessWire

Novocure’s Optune has became the first innovative treatment for glioblastoma approved in China in over 15 years, the company said in a Wednesday press release, after it’s global phase 3 pivotal clinical study in newly diagnosed glioblastoma showed adding Optune to chemotherapy more than doubled the five-year overall survival rate.