FDA slams Soon-Shiong and ImmunityBio for making 'false and misleading' claims about a drug Patrick Soon-Shiong, a controversial figure in the biotech industry, was accused by the FDA of making false and misleading claims about a cancer treatment.

FDA slams Soon-Shiong and ImmunityBio for making ‘false and misleading’ claims about a drug.. statnews.com/pharmalot/20... #pharma #FDA #misleading #ImmunityBio #cancer #soonshiong

Los Angeles Times to go public, owner Soon-Shiong says (Reuters) -The Los Angeles Times newspaper plans to go public within the next year, its owner Patrick Soon-Shiong said in a television interview on Monday, in an effort to give the public ownership of the 143-year-old publication. "We’re literally going to take LA Times public and allow it to be democratized and allow the public to have ownership of this paper," Soon-Shiong said on "The Daily Show" in a taped interview with the host, Jon Stewart. The billionaire owner of the newspaper said the model would resemble the public ownership structure of the NFL’s Green Bay Packers and that a partner organization was working on the structure. The move follows months of turmoil at the Los Angeles Times. Last January, the paper laid off at least 115 staff, or more than 20% of its newsroom, amid continued financial losses and leadership exits, including Executive Editor Kevin Merida and Managing Editor Sara Yasin. At the time, Soon-Shiong said he paper was losing $30 million to $40 million annually. The papers editorial’s editor also resigned last year after Soon-Shiong reportedly blocked a planned endorsement of then-Vice President Kamala Harris, triggering subscriber backlash. LA Times did not immediately respond to a Reuters request for comment on additional details. With IBRX making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed IBRX alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including IBRX, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is IBRX poised for similar growth? Don't miss the opportunity to find out.

Click Subscribe #LosAngelesTimes #PublicOwnership #MediaNews #SoonShiong #Journalism

Hilarious! But what is the meaning of the red lipstick offered by #Soonshiong?

Why I'm quitting the Washington Post Democracy can't function without a free press

#WashingtonPost #Bezos #JeffBezos #Amazon #Cartoonist #AnnTelnaes #Zuckerberg #MarkZuckerberg #Meta #Facebook #Altman #SamAltman #OpenAI #OkloInc #HelionEnergy #Soon-Shiong #SoonShiong #LATimes #Oncologist

Democracy can't function without a free press.

Abridged (shortened) article thread ⏬ 3 min

@latimes.com #SoonShiong

You are a soulless infrahuman who can go to HELL!!

Fuck your left-wing extremism meter!!!

I hope your meter malfunctioned and blew up!!!

WHO OWNS THE PRESS MATTERS.
@latimes.com #LATimes #LosAngeles #NewYork #SoonShiong
#Democrats #Independents