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Drug developer BenevolentAI faces founder-led board revolt - Vimarsana News

Drug developer BenevolentAI faces founder-led board revolt

BenevolentAI, a British-based drug developer, is facing a boardroom coup led by its founder after seeing its shares slump since it floated little more than two years ago.

Baroness Shields falls on her sword at BenevolentAI - Vimarsana News

Baroness Shields falls on her sword at BenevolentAI

Baroness Shields has stepped down as chief executive of BenevolentAI as the drugs developer pushes ahead with a widespread restructuring.Shields, 61, a former t

BenevolentAI cuts half of its staff after drug trial flop - Vimarsana News

BenevolentAI cuts half of its staff after drug trial flop

The biotechnology company led by Baroness Shields, the former technology adviser to David Cameron, is to cut about half of its workforce as it redraws it

BUSINESS LIVE: Evergrande nears collapse; Paragon post record profits - Vimarsana News

BUSINESS LIVE: Evergrande nears collapse; Paragon post record profits

Financial institutions and developers around the world are on alert last night after Evergrande warned it will not be able to pay back its debts.

Biotech star Benevolent AI to join Dutch stock market in £1.3bn deal - Vimarsana News

Biotech star Benevolent AI to join Dutch stock market in £1.3bn deal

Benevolent AI, which is run by Joanna Shields (pictured) uses artificial intelligence (AI) to speed up the development of drugs.