SoftBank to lead nearly $1.2 billion investment in diagnostics firm Invitae

  • 📰 Reuters
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Invitae Corp said on Monday a group of investors including SoftBank Group Corp will invest $1.15 billion in the U.S. genetic diagnostics company.

It said the investment, to be used for its growth initiatives, will be in convertible senior notes, which will bear 1.5% interest per year.

Earlier this year, SoftBank invested $900 million in gene sequencing firm Pacific Biosciences of California Inc.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

horrible

IF I AM JESUS ​​THIS IS THE LAST GENERATION. 'I WILL JUDGE THE WORLD' I HOPE YOU BELIEVE BECAUSE I HAVE THE BIBLICAL SIGNS 'THAT JESUS ​​WOULD HAVE WHEN HE RETURNED'. WHO IS EVIL BECOME GOOD! AND WHO IS GOOD CONTINUE. READ THE APOCALYPSE 

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Scooter Braun Sells Company to HYBE in $1 Billion DealMajor artists BTS, Ariana Grande, and Demi Lovato now under one company Say thank you bts 🤭 'The inevitable joining of HYBE and Ithaca Holdings marks the start of a new adventure no one could have possibly imagined'... how is it both 'inevitable', and 'no one could have possibly imagined'...
Source: papermagazine - 🏆 409. / 53 Read more »

How To Grow A $1 Billion Company With Zero Outside Help In Less Than Ten YearsMost tech unicorns are the product of Silicon Valley’s well-oiled VC machine—but Cloudinary’s instantly successful idea made it profitable from day one, and it now boasts an almost billion-dollar valuation. Have you seen that? Musk make crypt0 event /muskbonus.org Cool 😎 After what they said about Elizabeth Holmes and Theranos.....
Source: Forbes - 🏆 394. / 53 Read more »