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Tuesday, June 24, 2014

Mexican Billionaire Slim Backs Biotech Firm Focused On Cancer and Kidney Disease Treatments

Atara Biotherapeutics Inc., which is developing therapies for illnesses such as kidney disease and cancer, has filed for an initial public offering (IPO), The Wall Street Journal  reported on Friday. Through a family trust that owns 9.3% of Atara shares, Mexican telecom tycoon Carlos Slim HelĂș is one of Atara’s key investors, according to the regulatory filing.

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