A magnate at GSK exposes why it’s prepared to ditch the brand names that assisted turn it into a $95 billion powerhouse

A magnate at GSK exposes why it’s prepared to ditch the...

Over the past few years, pharmaceutical giants have been shedding their over-the-counter businesses. That now includes British drugmaker GlaxoSmithKline and drug giant Pfizer, which in December 2018 laid out plans to combine and then spin out their consumer-health businesses. Eventually, the goal is to form a new, separate company for those products. Combined, the business…
The CEO behind ‘Pokémon Go’ states the business is cash-flow favorable as it ends up being worth practically $4 billion

The CEO behind ‘Pokémon Go’ states the business is cash-flow favorable...

Niantic, the developer of "Pokémon Go" and the forthcoming "Harry Potter: Wizards Unite," says that it's now valued at "almost $4 billion," following a $245 million funding round led by IVP, with participation from strategic investors Samsung and Axiomatic Gaming. John Hanke, the CEO of Niantic, tells Business Insider that the company didn't need the…
GitHub makes its very first significant relocation because Microsoft purchased it for $7.5 billion– and it’s something consumers have actually long been requesting for (MSFT)

GitHub makes its very first significant relocation because Microsoft purchased it...

GitHub has made its first major update since Microsoft officially acquired the ubiquitous code-sharing service for $7.5 billion: It's giving away unlimited free hosting for private coding projects. With GitHub Free, developers can now host as many private coding projects they want for free. This is a big deal because, in the past, GitHub's free…
Duplicating Radio Bursts Found From A Galaxy 1.5 Billion Light-Years Away

Duplicating Radio Bursts Found From A Galaxy 1.5 Billion Light-Years Away

Scientists recently measured mysteriously repeating radio signals coming from a galaxy 1.5 billion light-years away. The repeating signal was part of 13 fast radio bursts (FRBs) detected by a new telescope in Canada. Fast radio bursts are not exceedingly rare, however, this is only the second repeating FRB to be measured in history. The finding was…
A leading financier who simply made $470 million on buzzy biotech Loxo’s $8 billion takeover informed us where he may position his next bets

A leading financier who simply made $470 million on buzzy biotech...

Pharma giant Eli Lilly & Co.'s Monday acquisition of biotech Loxo Oncology for $8 billion was a big deal, both for Eli Lilly and the wider biopharmaceutical industry. It also represents a major payday for venture-capital firm Aisling Capital, with expected returns of around $470 million on its roughly 2 million shares, managing partner Steve…
Pfizer has a brand-new technique for battling cancer that might create $5 billion a year. We got an appearance within. (PFE)

Pfizer has a brand-new technique for battling cancer that might create...

Sitting in his spacious, wood-accented midtown office, Pfizer oncology chief Andy Schmeltz gestures to a diagram that charts out the drug giant's agenda for the next several years. It shows the pharmaceutical company's ambitious "15 in 5" plan, laying out the 15 franchises that could become billion-dollar sellers for the company — far more than…
A group of Mark Zuckerberg-funded scientists is evaluating implantable brain gadgets as part of a $5 billion mission to end illness

A group of Mark Zuckerberg-funded scientists is evaluating implantable brain gadgets...

Mark Zuckerberg has sold close to 30 million shares of Facebook to fund an ambitious biomedical-research project, called the Chan Zuckerberg Initiative, with a goal of curing all disease within a generation. A less publicized initiative related to the $5 billion program includes work on brain-machine interfaces, devices that essentially translate thoughts into commands. One…
The drugmaker well-known for Viagra has a brand-new method for combating cancer that might produce $5 billion a year. We got an appearance within. (PFE)

The drugmaker well-known for Viagra has a brand-new method for combating...

Sitting in his spacious, wood-accented midtown office, Pfizer oncology chief Andy Schmeltz gestures to a diagram that charts out the drug giant's agenda for the next several years. It shows the pharmaceutical company's ambitious "15 in 5" plan, laying out the 15 franchises that could become billion-dollar sellers for the company — far more than…
A biotech that made history with its record $7.5 billion IPO will plunge to $3 billion in 2019, according to a leading financier

A biotech that made history with its record $7.5 billion IPO...

Venrock partner Cami Samuels has a bold prediction going into 2019: "Moderna will exit at a $3 billion valuation next year." Moderna debuted on the public market on December 7 after raising more than $600 million in the biggest initial public offering in biotech history. While the IPO valued Moderna at $7.5 billion, it's currently…
On the heels of hemp legalization, regulators have actually fired a ‘caution shot’ to the $1 billion CBD market

On the heels of hemp legalization, regulators have actually fired a...

A plant that's nearly identical to marijuana became legal to grow in the US earlier this month. As a result of the US Farm Bill, which President Trump signed into law at the end of December, American farmers will be able to plant and harvest hemp, a strain of the same plant species from which…
948,302FansLike
45,884FollowersFollow
4,387SubscribersSubscribe

Recent Posts