The company, which plans to liquidate, has $1.3 million in assets and nearly $257 million in liabilities owed to lenders, investors, vendors and employees, according to court filings.
Category: Daily Cover
This Scientist-Entrepreneur Is Brewing Prescription Drug Ingredients Like They Were Beer
Backed by $123 million in venture investments, Christina Smolke’s company Anthiea just completed its first scaled production of a key drug ingredient.
Amazon’s Radical Plan For Healthcare: À La Carte Pricing
With Amazon Clinic, patients can see wait times and prices upfront, but there are limits to what it can do to cut down on the $4.3 trillion the U.S. spends on healthcare.
How Vivek Ramaswamy Became A Billionaire
The whip-smart Republican is one of the richest thirty-somethings in America. Unlike Donald Trump, he’s entirely self-made.
Next Billion-Dollar Startups 2023
There are more than 50,000 venture-backed startups in the U.S., and only the tiniest fraction will ever reach a $1 billion valuation. Here are the 25 we think most likely to succeed.
This Scientist Thinks You Should Pay $215 A Month For ‘Good’ Bacteria To Help Control Your Diabetes
Biotech researcher Colleen Cutcliffe designed probiotics to help diabetics lower their blood sugar. Now she’s got a handful of expensive supplements for sale — and Halle Berry on board to help sell them.
This Startup Wants To Fight Bladder Cancer With A Genetically Engineered Virus
CG Oncology, led by Forbes 30 Under 30 alum Arhtur Kuan, has developed a genetically engineered virus to treat bladder cancer.
This Health AI Startup Aims To Keep Doctors Up To Date On The Latest Science
OpenEvidence, which is valued at $425 million, is taking on one of AI’s big engineering challenges: large language models whose training is stuck in the past.
This Scientist Is Building Custom Gene-Editing Tools—And Stands To Make Billions
Benjamin Oakes’ Scribe Therapeutics is developing specialized Crispr proteins for multiple diseases–and it’s got deals with Big Pharma potentially worth over $4 billion
This AI Chatbot Has Helped Doctors Treat 3 Million People–And May Be Coming To A Hospital Near You
With a new $59 million investment, digital health startup K Health is looking to scale its AI technology in hospitals, starting with new strategic investor Cedars-Sinai.
