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Health tech businesses thrive post-pandemic even as VC funding drops. Plus: Singapore draws in start-ups; new models of corporate success in Japan; India’s EV expansion
...It is part of a wave of new companies seeking to build AI applications that can have a large impact on specific industries....
...Japan’s sovereign development bank is investing in UK life sciences for the first time with funding for 4Bio Capital, a UK venture fund that backs advanced treatments such as cell and gene therapies....
...This article has been amended to clarify that Steve Cohen’s Point72 Ventures fund has invested in 24 Exchange...
...[The long deadline] was to give people time to digest the Scott news,” they said....
...The building, part of British Land’s joint venture with Singapore’s GIC at Broadgate, is under construction and due to be completed in 2027....
...Past liability management scenarios presented at JPMorgan’s high-yield and leveraged finance event this week included those of Bausch Health and Dish/EchoStar....
...Dean Meyer has joined venture capital firm Sequoia as a partner focused on early stage investments. He was previously an investor at Vine Ventures....
...McKernan is a former head of Innovate UK and currently a venture partner at life sciences venture capital firm SV Health Investors....
Advocate general of bloc’s top court says decision against world’s biggest gene sequencing group should be annulled
...Even as medical service providers quickly shifted from teleconsultation back to their bricks-and-mortar business model, post-pandemic, some incorporated new changes....
...The US National Football League and Amazon Web Services have developed a player health tool known as the Digital Athlete, which they hope may in time be able to predict and prevent injuries....
...Social Capital later attempted to raise a new fund from external backers but abandoned the plan earlier this year....
...Prudential put an extra $176mn in cash into the venture last year to support its regulatory capital and the growth of new business....
...The other partner in the joint venture is US fund manager RedBird Capital....
...The writer is founder of Sifted, an FT-backed site about European start-ups A brassy new venture capital investor, going by the ugly acronym Mang, has been making a lot of noise in Silicon Valley....
...A UK biotech start-up has secured $14mn in early-stage funding led by MSD Global Health Innovation Fund to develop vaccines that are “future-proofed” by artificial intelligence....
...health treatments and clinics, according to three people familiar with discussions....
...But Weightman insists this has done little to slow down his new venture. “The US guys were employed at will,” he said adding that they were due to start at Corinthia at the beginning of April....
...Last year Yu teamed up with short seller Cyrus de Weck to form a new hedge fund, General Industrial partners, which is now associated with Gotham City....
...“Cruise is still just getting started, and I believe it has a great future ahead,” he said, adding that he planned to spend time with his family and “explore some new ideas”....
...Venture capital investment in gene editing dropped last year along with other biotech investments, falling from $2.45bn in 2022 to $1.06bn in 2023, according to data provider PitchBook....
...Bezos, who founded Amazon in 1994, has taken a step back from running the sprawling company to pursue other ventures, including his space group Blue Origin. “Blue Origin needs to be much faster....
...Investors poured roughly $250mn into the company, including venture capital groups Andreessen Horowitz and Khosla Ventures, internet entrepreneur Reid Hoffman and, prior to the collapse of his FTX empire...
...Menopause has risen up employers’ agenda as acceptance grows that once-private issues, such as mental health, have an impact on working life....
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