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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