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Roivant to buy Silicon Therapeutics for $450 million to boost drug discovery


By Reuters Staff
1 Min Read
(Reuters) - Roivant Sciences said on Friday it will buy drug developer Silicon Therapeutics for $450 million in an equity deal to strengthen its artificial intelligence capabilities for drug discovery.
The acquisition of Silicon will bolster Roivant’s targeted protein degradation platform, which is currently powered by machine learning techniques, the company said.
Roivant has multiple subsidiaries focused on developing treatments for multiple cancers, nervous system and immune system disorders, including Immovovant Inc and Sio Gene Therapies Inc.
Its platform aims to design candidates harnessing the body’s natural mechanism to get rid of harmful, disease-causing proteins. ....

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US raises duty to prohibitive 160% on Kazakh silicon imports


US raises duty to prohibitive 160% on Kazakh silicon imports
The United States Department of Commerce has proposed a severe 160% duty on silicon metal from Kazakhstan, up from 120% in the department’s preliminary duty proposal.
Market participants told Fastmarkets that they struggled to recall much higher recommended duties.
The department left unchanged its proposed duty on silicon metal imports from Iceland and Bosnia and Herzegovina, when it made its final duty determinations on Tuesday February 23.
Commerce had provisionally announced in December anti-dumping duties of 37.83% to 47.54% on Iceland and a 21.41% duty for Bosnia and Herzegovina for alleged dumping of silicon metal. That announcement followed. ....

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Cele mai bune suplimente pentru păr, piele și unghii

Cele mai bune suplimente pentru păr, piele și unghii
evz.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from evz.ro Daily Mail and Mail on Sunday newspapers.

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Car manufacturers wake up to new pecking order as chip crunch intensifies


Car manufacturers wake up to new pecking order as chip crunch intensifies
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FILE PHOTO: Automakers are responding to the shortage by lobbying governments to subsidize the construction of more chip-making capacity
(REUTERS)
. Updated: 19 Feb 2021, 03:06 PM IST Reuters
Car manufacturers including Volkswagen, Ford and General Motors have cut output as the chip market was swept clean by makers of consumer electronics such as smartphones
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BERLIN: The semiconductor crunch that has battered the auto sector leaves carmakers with a stark choice: pay up, stock up or risk getting stuck on the sidelines as chipmakers focus on more lucrative business elsewhere. ....

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