Tag: Billion

  • GlaxoSmithKline Spends $3.3 Billion to Catch up in Vaccination Arms Race

    GlaxoSmithKline Spends $3.3 Billion to Catch up in Vaccination Arms Race

    An employee is at work on the vaccine packing line of British pharmaceutical company GlaxoSmithKline (GSK) in Wavre, UK. Photo: Kenzo Tribouillard / AFP (Getty Images) UK-based drug company GlaxoSmithKline will buy Boston-based vaccine developer Affinivax for $2.1 billion, according to press releases issued by the two companies early Tuesday. GSK will also pay up […]

  • ‘Elongate’ Scandal Cost Elon Musk $10 Billion

    ‘Elongate’ Scandal Cost Elon Musk $10 Billion

    SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. Photo: Britta Pedersen-Pool (Getty Images) Tech’s most chaotic CEO saw about $10.6 billion of his personal wealth evaporate last Friday following a report on a settlement over alleged sexual misconduct, […]