Patrick Soon-Shiong
South African and American doctor
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December 2024 | Announced an AI-powered bias meter for the Los Angeles Times coverage, triggering staff resignations and subscription cancellations. |
November 2024 | Fired the entire editorial board of the Los Angeles Times and announced plans to replace them. |
October 2024 | Blocked the Los Angeles Times from endorsing Kamala Harris in the presidential election, leading to several editorial board resignations. |
July 2024 | Sold the San Diego Union-Tribune to MediaNews Group. |
July 2023 | Sold the San Diego Union-Tribune to MediaNews Group. |
February 2022 | Invested in Sienza, a lithium battery company in Pasadena, California. |
January 2022 | Opened a new manufacturing facility and campus in Cape Town, South Africa, with an investment of approximately $250 million. |
2021 | Merged NantKwest with ImmunityBio, creating a new publicly traded entity. |
2019 | Became an investor in Directa Plus, a European graphene-based technology company, owning 28 percent. |
September 2018 | NantEnergy announced the development of a zinc-air battery with a projected cost of $100 per kilowatt-hour. |
June 2018 | Acquires ownership and becomes executive chairman of the Los Angeles Times. |
June 18 2018 | Closed the sale of the Los Angeles Times and The San Diego Union-Tribune. |
2015 | NantPharma purchased the drug Cynviloq from Sorrento Therapeutics for $90 million. |
July 2015 | Initiated an IPO for NantKwest, representing the highest value biotech IPO in history, with a market value of $2.6 billion. |
January 2013 | Became an early investor in Zoom, the video conferencing company. |
January 2013 | Founded NantOmics, a biotech company to develop cancer drugs based on protein kinase inhibitors. |
September 2011 | Founded NantWorks, a technology company with a mission to converge various technological innovations. |
2010 | Sold Abraxis to Celgene in a cash-and-stock deal valued at $2.9 billion, earning Soon-Shiong about $533 million in profits. |
2010 | Becomes a minority owner of the Los Angeles Lakers professional basketball team. |
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