(Bloomberg) — Sanofi agreed to buy its messenger-RNA development partner Translate Bio Inc. for $3.2 billion as the French drugmaker plays catch-up in deploying the technology behind some of the world’s top-selling Covid-19 vaccines. Sanofi will pay $38 in cash for each of Translate Bio’s
(Bloomberg) — Kiyoshi Matsuura was so worried about growing old that he started using an anti-baldness treatment as a teenager. It was an obsession that went on to define his life. The Japanese entrepreneur continued to experiment with various supplements and other products, and founded
Translate Bio stock was soaring on reports of a Sanofi takeover bid. Thomas Lohnes / AFP via Getty Images Translate Bio stock was soaring in after-hours trading on a report that Sanofi had made a bid to acquire the biotech company. Reuters reported that Sanofi
Every investor wants an ‘in,’ some hint that will tell exactly what a stock is going to do, and when. The kind of signal that will cut through the market’s noise, and makes sense of the deluge of raw data that every company generates. Multiply
Crypto-asset trading firm Voyager Digital has arranged to purchase payments company Coinify in a deal worth $85 million in cash and stock. In a Monday announcement, Voyager said it would issue 5.1 million shares of its stock — worth roughly $70 million at the time of
South Korea’s top financial regulator, the Financial Services Commission, is reportedly planning to shut down a dozen local cryptocurrency exchanges amid fraud allegations. The FSC will suspend operations of at least 11 mid-sized crypto exchanges in South Korea due to alleged illegal activities and fraudulent
Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY). The company announced the impressive earnings figures in its second-quarter shareholder letter on August 1. In the report, Square revealed its total gross profit grew 91% YoY to
The revolution will not be televised — it will be minted. Earlier this year, we saw the meteoric rise (and fall) of nonfungible tokens, or NFTs, in mainstream media and popular culture. We all heard about them, but was the hype real? Top businessmen and
There are many things to think about when entering this field: what inspires someone to do so; how blockchain technology, crypto and DeFi match with your overall personal or professional philosophy; and how one can change the life of others through promoting DeFi adoption, breaking
Getting crypto exchanges across the world to plug into each other and share sensitive customer data is proving to be a complex problem. Nonetheless, firms have to show real progress on this by June of this year, according to new anti-money laundering (AML) rules from