Sunway Healthcare—controlled by Malaysian billionaire Jeffrey Cheah’s Sunway Group—will use proceeds from the IPO to partly finance expansion plans, which include building three new hospitals.
The Danish drugmaker is collaborating with Vivtex, cofounded by billionaire Robert Langer, to quickly iterate oral versions of successors to Ozempic and Wegovy.
Despite digs from Sam Altman and Elon Musk, Anthropic is on a hot streak thanks to a 20,000-word essay, a memorable Super Bowl ad campaign and a $30 billion fundraise.
Applied Intuition’s cofounders are building software that can drive everything from planes to tanks to automobiles. But to expand beyond its $800 million business selling tech for cars, they will have to take on Tesla, Google, Nvidia and a host of othe…
In this week’s edition of InnovationRx, In this week’s edition of InnovationRx, we look at the health risks of winter storms, a new Korean weight loss drug billionaire, a biotech using AI for rare diseases, and more.
Last week’s announcement by SCD that it will jointly develop and commercialize a weight-loss pill fueled a rally in the Korean company’s shares.
Daniel Nadler, the 42-year-old CEO and cofounder of OpenEvidence, is now worth $7.6 billion as his AI search tool surges in popularity among U.S. doctors.
A lawsuit filed by electronic health record giant Epic could encourage reforms to a problematic system, where non-health companies can access patient records without their knowledge.
B.Grimm Power—controlled by Thai billionaire Harald Link—has bought a stake in U.S.-based hydropower operator New England Reliable Hydropower Holdings for 7.24 billion baht ($230 million) amid the group’s drive to expand its overseas renewable energy p…
Yan Junjie, the 36-year-old chairman and CEO of MiniMax, now boasts a net worth of $3.2 billion after the AI model developer’s $618 million Hong Kong IPO.