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Operator
Ladies and gentlemen, thank you for standing by, and welcome to Labcorp Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to introduce Vice President of Investor Relations, Clarissa Willett.
Clarissa Willett
Vice President, Investor Relations
Thank you, operator. Good morning and welcome to Labcorp s Fourth Quarter 2020 Conference Call. As detailed in today s press release, there will be a replay of this conference call available via telephone and Internet. With me today are Adam Schechter, Chairman and Chief Executive Officer; and Glenn Eisenberg, Executive Vice President and Chief Financial Officer.
This morning, in the Investor Relations section of our website, we posted both our press release and an Investor Relations presentation with additional information on our business and operations, which include a reconciliation of the non-GAAP financial measures to the GAAP financial measures discussed during today s call. Addit
Fred Hutch, Univ. of Washington biotech spinout Ensoma launches with $70M in funding
February 11, 2021 at 9:15 am
Dr. Hans-Peter Kiem of the Fred Hutchinson Cancer Research Center. (Fred Hutch Photo)
New spinout: Boston-based biotech startup Ensoma launched Thursday and announced a $70 million Series A funding round. The company is built on technology developed over two decades by Seattle researchers Dr. Hans-Peter Kiem of the Fred Hutchinson Cancer Research Center and Dr. André Lieber of the University of Washington School of Medicine.
The company will be based in Boston because the city “is the epicenter of biotech and Ensoma could quickly draw the talent, not only for research but as the company scales in manufacturing and clinical development,” said Paula Soteropoulos, the company’s executive chairman. The company’s lead investor and top leadership are also in Boston.
Code red here’s what it means for the stock market now that company insiders are selling shares MarketWatch 2/6/2021 © AFP via Getty Images
Now that WallStreetBets’ 15 minutes of fame is over, it’s all clear in the stock market, right?
Maybe not.
Right before the GameStop trading shenanigans dinged the market, company insiders were flashing a warning sign. Their selling was exaggerated compared to buying, and the negative skew hit code-red warning levels.
What’s more interesting was the dichotomy among two major exchanges. Selling on the Nasdaq was flashing an outright red alert. But selling on the New York Stock Exchange was more of a yellow flag, according to a sell-buy indicators tracked by Vickers Weekly Insider from Argus Research.
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