---
schema_version: "secwatch.filing_event.v1"
accession: "0001490978-24-000078"
form_type: "8-K"
ticker: "SDGR"
cik: "0001490978"
company_name: "Schrodinger, Inc."
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:13:29.337191+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Schrödinger enters new master license agreement with Columbia University, consolidating eight prior IP licenses

## Summary
- Effective September 11, 2024, Schrödinger LLC and Columbia University executed a Master License Agreement, amending and restating eight prior license agreements.
- Royalty rate for licensed products is a low single-digit percentage of Gross Revenues; royalty term is 20 years, extendable by 10 years per Columbia Improvement.
- New terms include royalty on equity securities received as Services Project Income, with transfer obligations to Columbia upon compliance with securities laws.
- Dr. Richard Friesner, Schrödinger co-founder and board member, invented some licensed technologies and receives a portion of royalties paid to Columbia.
- Licensed products include key software: PS-GVB, Glide, PrimeX, QSite, Combiglide, Prime, and Membrane Permeability model.

## SEC filing metadata
- accession: 0001490978-24-000078
- form_type: 8-K
- ticker: SDGR
- cik: 0001490978
- company_name: Schrodinger, Inc.
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490978/000149097824000078/0001490978-24-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490978/000149097824000078/sdgr-20240911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001490978-24-000078
- JSON: https://secwatch.observer/filing/0001490978-24-000078.json
- Plain text: https://secwatch.observer/filing/0001490978-24-000078.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.