Nov. 8 at 2:51 AM
$SDGR make no mistake, this is a reset. The management made a mistake in going forward with this strategy, but it takes a lot of self-reflection to realize they were wrong and to go back to what they were successful at. AI will be a huge macro tailwind for them. They have a proven platform for preclinical and it makes sense for them to discover and sell instead. They will always have a nice SaaS business to fund these sells. It just takes an asset to move onto next clinical stage for them to get massive discovery revenue.