nantworks

Daily

Another $100M on the books for Patrick Soon-Shiong precision medicine startup NantBioscience

More funding for billionaire Patrick Soon-Shiong’s NantBioscience has been reported to the SEC – to the tune of $100 million this time. NantBioscience is the division of Soon-Shiong’s umbrella company, NantWorks, that centers on precision medicine. Los Angeles-based NantWorks has more than $1 billion in funding behind it since its launch last year, but it’s interesting to […]

Devices & Diagnostics

Soon-Shiong: We have ‘Google of genome mapping’

Dr. Patrick Soon-Shiong has some big ideas in healthcare, like a vision of a fully connected ecosystem that truly empowers patients to make informed choices about their own care, aided by supercomputers to crunch all the data, including highly complex genomic information. And he's not afraid to toot his own horn every once in a while, he said Monday at the American Telemedicine Association's annual meeting.

Daily

Whistleblower suit against billionaire Soon-Shiong’s startup, NantHealth, calls its practices “fraudulent”

Billionaire surgeon Patrick Soon-Shiong has developed quite the high profile – regarded as a kind of Tony Stark of health care. His hush-hush startup, NantHealth, has attracted hundreds of millions in capital to improve cancer care through precision diagnostics – but the startup is now under scrutiny for being “engaged in a multitude of fraudulent activities.” […]

Daily

Patrick Soon-Shiong startup gets $25M in personalized medicine space

NantBioscience – the personalized medicine subsection of the extraordinarily funded Patrick Soon-Shiong-led startup NantWorks – reported in SEC filings that it’s raised $25 million. This comes soon after the umbrella company’s announcement of a mega-funding deal – in early October it received $320 million in funding, and $250 million of that is from the Kuwait […]

Daily

Soon-Shiong’s NantBioScience forges anti-cancer partnership with University of Colorado

Given billionaire Patrick Soon-Shiong’s general save-the-world M.O., it’s always worth tracking what his companies are up to. NantBioScience, an offshoot of his Los Angeles startup NantWorks, has partnered up with University of Colorado to  develop protein-targeted anti-cancer drugs and diagnostics. The licensing deal is exclusive, and focuses on the Ral protein – which plays a role across activated signaling pathways in pancreatic, lung, colon and other […]