Bloomberg Industries
Market Commentary: SoftBank Plans to Invest Billions in Biotech Stocks
Bloomberg Industries

Bloomberg wrote that SoftBank Group Corp. plans to expand its investments in the biotech and health-care sector, opening up a new front in its growing asset management strategy, according to people familiar with the matter. SoftBank has already made a clutch of equity investments in the sector, including a $312 million stake in Pacific Biosciences of California Inc., a U.S. DNA-sequencing company whose stock has rise


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