Soon-Shiong’s “Billion-Dollar Start-Up”: What’s He Building In There?
Executive Summary
Patrick Soon-Shiong, MD, continues to reap financial rewards from his $2.9 billion sale of Abraxis Bioscience Inc. to Celgene Corp. in 2010. Some of the cash has gone famously to Soon-Shiong’s purchase of a slice of the Los Angeles Lakers basketball team, but much more of it has gone to his next big health care project, which he describes as his “billion-dollar start-up.”