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...The new rules had also been used in a campaign at a small biotech company, Aim ImmunoTech, but the Aimco vote marked the first time that they had played a role in toppling a sitting director....
...In 2022, Cambridge biotech Abcam decided that it preferred a US listing to a UK one. Now after a short stint on the other side of the Atlantic, the maker of consumable proteins will have neither....
...A quarter of fund managers said stocks with long-term growth prospects such as biotech and renewable energy companies would be the biggest beneficiaries of US Federal Reserve rate cuts, making them the most...
...Meanwhile in the US, biotech group Illumina on Sunday said it would divest from Grail, the cancer screening start-up it bought in 2021 for nearly $8bn, after the acquisition was blocked by the European Commission...
...According to LinkedIn it is a “leading biotech company”....
...High-tech emigration will rise, alongside the emigration of doctors, which has already begun, and veterans of the Intelligence Corps and Air Force....
...But just as important is TGTG’s status as a “B corp” — a company certification that recognises businesses with social impact....
...The wave of amateur Korean traders resurfaced this year after they mounted a brief campaign two years ago, inspired by their US counterparts’ frenzy buying of GameStop, to bet on biotech companies such as...
...Results: Sony, Fox News and Wall Street Journal parent News Corp, and Tapestry, owner of luxury retailers Coach and Stuart Weitzman, will report earnings before Wall Street’s opening bell....
...Twitter: Elon Musk’s X Corp has threatened to sue a non-profit group that suggested there had been a rise in hate speech and disinformation on the social media platform since Musk took over. 2....
...specifically” committed to SVB’s business with private equity and venture capital firms, and highlighted his bank’s experience working with start-ups in North Carolina’s Research Triangle, which is popular with biotechs...
...Holding sees some overlap between SVB’s customers and its own clients in Raleigh, North Carolina, an area dubbed the “Research Triangle” because it is home to a number of top universities and biotech companies...
...Arrival is merging with Kensington Capital Acquisition Corp V, paying a huge premium in order to add $300mn to its balance sheet. It is a desperate move that is unlikely to trigger a Spac revival....
...Q1, SAP SE Q1, BB Biotech Q1 World events Finally, here is a rundown of other events and milestones this week....
...News round-up Pharma and biotech seek cure for industry deal slump (FT) TIM’s top shareholder Vivendi leaves board seat (Reuters) Big Four accountants in Spain probed over long hours (FT) Bain Capital...
...Join CEOs from Amgen, Roche, Pfizer and more in New York from May 16-17 at the US Pharma and Biotech Summit. Register here today....
...News round-up AstraZeneca to buy US biotech CinCor in $1.8bn deal (FT) EY earmarks $2.5bn for consulting arm M&A splurge after planned split (FT) Rishi Sunak revives talks with SoftBank on London listing...
...Biotech company Absci said this month it had designed new antibodies using AI, something it said could cut more than two years from the approximately four it takes to get a drug into clinical trials....
...Video game publisher Take-Two Interactive and biotech company Novavax, which develops vaccines, report after the closing bell....
...Centerview notched some big wins in the early years from old and new clients including advising the likes of AB InBev, Altria, Kraft Foods and Rupert Murdoch’s News Corp....
...EU extends influence over tech dealsAn EU court ruled that Brussels has the jurisdiction to examine the $8bn merger of US biotech groups Illumina and Grail even though the latter company has no revenues...
...Traders and foreign hedge funds that sold short a small South Korean biotech company last year during the height of the coronavirus pandemic are set to lose more than $900mn after the stock’s price skyrocketed...
...News round-up Merck in talks over $40bn deal for cancer biotech SeaGen (FT) Former Theranos executive Sunny Balwani convicted of fraud (FT) Calpers unloads record $6bn of private equity stakes at discount...
...The notable transactions included: California-based biotech Amgen agreed to buy Horizon Therapeutics for $28.3bn, including debt....
...US private equity firm Advent International and Singapore’s sovereign wealth fund GIC have teamed up for a SKr69bn ($8bn) bid for biotech company Swedish Orphan Biovitrum (Sobi) in what would be the largest-ever...
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