"⢠U.S. biotech billionaire Patrick Soon-Shiong opened a plant in Cape Town that will be the first in Africa to produce COVID-19 vaccines from start to finish, AFP reported separately. "
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"Struggling papers these days face a range of options: Hope for a billionaire to swoop in, as Dr. Patrick Soon-Shiong and his family did for The Los Angeles Times and other California papers in 2018; await the arrival of hedge fund-backed ownership, as happened with The Chicago Tribune, when its parent company became the property of Alden Global Capital last year; or try a fresh approach, like the nonprofit route."
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"U.S. biotech billionaire Patrick Soon-Shiong on Wednesday launched a plant that will produce a billion Covid-19 vaccine doses in Cape Town by 2025, fulfilling a longtime plan to help bring greater health equity to the country of his birth."
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"South African-born biotech billionaire Patrick Soon-Shiong will announce a plan to transfer technology for the manufacture of Covid-19 and cancer vaccines to the African country."
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"The HIV epidemic in South Africa is worsening the Covid pandemic," U.S. biotech billionaire Patrick Soon-Shiong said on Twitter. "
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"U.S. biotech billionaire Patrick Soon-Shiong is backing a Covid-19 vaccine candidate that he sees as having potential as a universal booster of other pandemic shots."
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"Biotechnologybillionaire Patrick Soon-Shiong owns just shy of 24% of Tribune and was capable of sinking the takeover effort from Alden, which has developed a reputation for ruthless cost cuts in other newsrooms it's acquired including the Denver Post. "
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"U.S. biotech billionaire Patrick Soon-Shiong has spent the last year at home, but he's not been idle. "
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"When billionaire biotech mogul Patrick Soon-Shiong bought the Los Angeles Times in 2018, he was seen as a white knight, rescuing the newspaper from a potentially bleak future."
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"U.S. biotech billionaire Patrick Soon-Shiong will give an initial 3 billion rand ($213 million) to South Africa, the country of his birth, to help with the transfer of new technology for Covid-19 vaccines and other therapies."
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"Billionaire biotech investor Patrick Soon-Shiong is exploring a sale of the Los Angeles Times less than three years after buying it for $500 million, people familiar with the matter said."
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