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Schroedinger, ChemAxon Extend Software Licensing Deal

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Schroedinger has renewed an existing software licensing agreement it had with ChemAxon for another five years, the companies said this week.

Under the terms of the renewed agreement, Schroedinger's researchers will have continued access to JChem, ChemAxon's chemical structure storage and search toolkit; and Marvin, a chemical structure editing and viewing tool.

The deal also lets Schroedinger incorporate Marvin's sketching and rendering functionality into Seurat, its enterprise informatics platform, and plug in additional ChemAxon software as required.

The financial details of the renewed partnership were not disclosed.

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