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Johanna Geron - 1 Velsipity - 1 Bristol Myers - 1 Khushi - 1 Arun Koyyur - 1 Llion Jones - 1 David Ha - 1 Jones - 1
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☆ US FDA approves Pfizer's inflammatory bowel disease drug
  + stars: | 2023-10-13 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Johanna Geron/File Photo Acquire Licensing RightsOct 13 (Reuters) - The U.S. Food and Drug Administration has approved Pfizer's (PFE.N) drug to treat adults with an inflammatory bowel disease called ulcerative colitis, the company said on Friday. The decision was based on data from a late-stage study that showed a reduction in disease symptoms for some patients who took the drug, when compared with the placebo. Globally, the market for inflammatory bowel diseases is about $20 billion, making it a lucrative target for drugmakers. Analysts last year estimated that peak sales for the Pfizer drug could top $3 billion a year. Reporting by Khushi Mandowara in Bengaluru; Editing by Arun Koyyur and Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Persons: Johanna Geron, Velsipity, Bristol Myers, Khushi, Arun Koyyur Organizations: Pfizer, REUTERS, U.S . Food, Drug Administration, Arena Pharmaceuticals, Bristol, drugmakers, Thomson Locations: Puurs, Belgium, U.S, United States, Bengaluru
☆ Google A.I. researcher says he left to build a startup after encountering 'big company-itis'
  + stars: | 2023-08-17 | by ( Jordan Novet | ) www.cnbc.com   time to read: +4 min
Sakana AI founders Llion Jones, left, and David Ha, meet at a rooftop bar in Tokyo. Jones, a co-author of Google's prominent Transformers research paper, is the generative AI research lab's technology chief, and Ha, a former Google research scientist, is its CEO. He was one of eight authors of the pivotal Transformers research paper, which is central to the latest in generative artificial intelligence. He's joining fellow ex-Google researcher David Ha to build a generative AI research lab in Tokyo called Sakana AI. The T stands for Transformers, an architecture behind much of today's frenetic generative AI activity.
Persons: Llion Jones, David Ha, Jones, He's, Ha, Sakana, OpenAI, they've Organizations: Google, itis, CNBC, University of Birmingham, YouTube, Microsoft Locations: Tokyo, Ha
☆ Mark Cuban says this is 'one of the worst traits' he's ever seen in a 'Shark Tank' contestant
  + stars: | 2022-10-25 | by ( Megan Sauer | ) www.cnbc.com   time to read: +2 min
On Friday's episode of ABC's "Shark Tank," the billionaire investor highlighted one startup founder as an example of the latter category. "One of the great traits of any good entrepreneur is resilience, and you've certainly shown that," Cuban told Amy Leinbach, the founder of children's tool company Big Bee, Little Bee. The Huntington Beach, California-based company is known for the ScrubBee, a handheld silicone scrubber that brought in 80% of Big Bee, Little Bee's sales last year. Leinbach asked the Sharks for $100,000, in exchange for a 20% stake in Big Bee, Little Bee. At the time of taping, she said she had already invested $100,000 of her own money to build "Marker Parker."
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