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☆ This biotech startup is finding new cancer drugs with $75 million from General Catalyst. Here's the pitch deck Georgiamune used to raise its Series A.
▼ + stars: | 2024-03-26 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Then, at the Georgia Cancer Center at Augusta University, he began the research that would eventually spin off into his first startup, Georgiamune. The same month, Georgiamune also got FDA clearance to begin human clinical trials for its first cancer drug candidate. Georgiamune's primary drug target works to solve a problem posed by another type of cancer drug on the market, called checkpoint inhibitors. For a Series A biotech startup, Georgiamune has an unusually extensive pipeline, with nine biological targets identified internally, all of which use different mechanisms of action than existing drugs. AdvertisementHere's the 21-slide pitch deck Georgiamune used to raise a $75 million Series A co-led by General Catalyst.

Persons: —, Samir Khleif, King, Khleif, Catalyst, CJNV BioVenture, Georgiamune, doesn't, Amy Abernethy, Khleif's, General Catalyst Organizations: Service, King Hussein Cancer Center, Georgia Cancer Center, Augusta University, Business, Parker Institute for Cancer, Mubadala, Alexandria Venture Investments, Catalio Capital Management, Verition Fund Management, Bicara Therapeutics, Therapeutics, General Locations: Jordan, Verily

☆ Alphabet's Verily lays off employees working in one of its science groups
▼ + stars: | 2024-03-22 | by ( Hugh Langley | ) www.businessinsider.com time to read: +2 min

Verily, the life sciences group owned by Alphabet, laid off staff this week as part of a restructuring in its molecular sciences group, Business Insider has learned. Verily spokesperson Steven Cooper confirmed the cuts in an email to BI, stating that the affected employees worked on Verily's Immune Profiler project, which studies the human immune system for improving disease management. He declined to share the exact number of employees cut, but one source familiar with the situation said 35-40 people were affected. Verily is in the process of separating from Alphabet's infrastructure, part of a project named Flywheel that BI first reported on in 2021. It has set the end of 2024 as the deadline for detachment, a person familiar with the project told BI.

Persons: Verily, Steven Cooper, Cooper, Stephen Gillett, Andy Conrad, Amy Abernethy, Stat, Myoung Cha Organizations: Business, Apple Health

☆ More women are aiming to become church leaders. Together, they could change American Christianity
▼ + stars: | 2023-07-30 | by ( Aj Willingham | ) edition.cnn.com time to read: +12 min

How the presence of women church leaders has grownStudents pray at the opening of a women's ministry class at the Southwestern Baptist Theological Seminary in Fort Worth, Texas in 2021. However, numbers across different denominations reveal the same pattern: More women in training, more women being ordained. How women can change the church that isPeople at a pro-women ordination demonstration in New York City, circa 1970. FPG/Getty ImagesFuller Theological Seminary, where Abernethy works, is one of the largest seminaries in the US and one with a noted history of championing female faith leaders. So women and women of color have never really served just one function or one role.

Persons: —, They’ve, ”, Alexis Abernethy, “, LM Otero, Let’s, Eileen Campbell, Reed, FPG, Abernethy, that’s, “ I’ve, Linda Barnes Popham, Christiana Botic, Emily Badgett, Emily, ” Badgett, Badgett, it’s, Suzie Sang, “ It’s, Sang Organizations: CNN — Christian, Roman Catholic, Southern Baptist, Fuller Theological Seminary, Southwestern Baptist Theological Seminary, Evangelical Lutheran Church of America, ELCA, United Church of Christ, CNN, “, Fern Creek Baptist Church, New York Times, Candler School, Theology, Emory University, Women, Fuller, Southern Baptist Convention, The Methodist Locations: Southern, Pasadena , California, Fort Worth , Texas, New York City, it’s, Fern Creek, Atlanta, Christianity

☆ Australian pension fund client queries GQG about Adani investment
▼ + stars: | 2023-03-03 | by ( Lewis Jackson | ) www.reuters.com time to read: +2 min

SYDNEY, March 3 (Reuters) - An Australian pension fund client of GQG Partners has asked the U.S. boutique investment firm for more information about its nearly $1.9 billion investment in the embattled Indian Adani group. GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout. Cbus Super, with A$71 billion under management, has a A$243 million emerging markets mandate with GQG Partners. The $258 billion fund had no investments in Adani Group companies as of June 2022, according to a review of the most recent holdings disclosures. Shares of Australia-listed GQG Partners closed down 3% on Friday after news of the investment was made public.

☆ Explainer: Why methane emissions are threatening climate stability
▼ + stars: | 2022-11-03 | by ( Tim Cocks | Avi Asher-Schapiro | ) www.reuters.com time to read: +4 min

Nov 3 (Reuters) - Methane emissions have emerged as a top threat to the global climate, with scientists and policymakers calling for aggressive action to curb the output. At last year's U.N. climate summit in Glasgow, Scotland, more than 100 countries pledged a 30% cut from 2020 methane emissions levels by 2030. "If you're interested in the climate impacts, we'll be experiencing in 2050 ... you'd be absolutely screaming about methane emissions." WHERE IT COMES FROMThree-fifths of the world's estimated methane emissions are from human activity; the rest are from natural sources like swamps. The European Union recently endorsed labeling some natural gas projects as "green" in a major boost to the industry.

☆ Explainer: How methane leaks accelerate global warming
▼ + stars: | 2022-09-27 | by ( Tim Cocks | ) www.reuters.com time to read: +4 min

Methane, the main component of natural gas, can leak from pipelines and drill sites, and is also emitted from farming and food waste. Scientists normally compare the warming effects of methane and carbon dioxide over one century, and over that timescale methane is 28 times worse. "If you're interested in the climate impacts we'll be experiencing in 2050 ... you'd be absolutely screaming about methane emissions." WHERE IT COMES FROMThree-fifths of the world's estimated methane emissions are from human activity; the rest, from natural sources like swamps. The European Union recently endorsed labeling some natural gas projects as "green" in a major boost to the industry.

☆ In leaked memo, Google's controversial, visionary healthcare executive Andy Conrad lays out Verily's challenges and a path toward independence: 'I have drifted away from my true passion.'
▼ + stars: | 2022-09-09 | by ( Hugh Langley | ) www.businessinsider.com time to read: +8 min

"Verily is increasingly becoming a more commercial-stage company," Conrad told employees. "I've come to realize that I have drifted away from my true passion — science," Conrad said in the memo. "So at the New Year I want to move away from running the company day to day to concentrate on projects for which I have a deep interest and can contribute in a meaningful way." Insider previously reported that Conrad had taken a step back from day-to-day responsibilities as Gillett had increasingly absorbed more leadership responsibilities. Conrad said the company would search for a new CFO "with a deep healthcare background for the next phase of our growth."

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