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Stock impact report

Retro Biosciences, backed by Sam Altman, is raising $1 billion to extend human lifespan [TechCrunch]

Unity Biotechnology, Inc. (UBX) 
Last unity biotechnology, inc. earnings: 3/11 04:05 pm Check Earnings Report
Company Research Source: TechCrunch
Altman previously provided Retro Biosciences' entire seed round of $180 million. Now, the startup is raising a $1 billion Series A that Altman is joining, the Financial Times reports. Retro Biosciences, which says it plans to launch trials for drugs targeting diseases like Alzheimer's, recently trained a model with OpenAI to turn regular cells into stem cells. CEO Joe Betts-LaCroix told the FT he wants to move fast by discovering and developing a drug “in the 2020s.” The startup joins other major billionaire-backed longevity efforts, including Altos Labs, which launched with $3 billion in 2022 backed by Jeff Bezos, and Unity Biotechnology, supported by both Bezos and Peter Thiel. Show less Read more
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