Month Archives: August 2020

Startups

Disgraced German payments startup Wirecard goes bust; plans to sell assets to London-based Railsbank | Tech News

The last time we wrote about Wirecard was back in April 2019 after SoftBank invested $1 billion for a 6% stake in the German payments startup. Fast forward a year later, Wirecard collapsed and filed for bankruptcy in June after revealing...

Startups

Gilead says 7% of COVID-19 patients on Remdesivir developed acute kidney injury. “It’s NOT yet known if Remdesivir is safe and effective for the treatment of COVID-19,” Gilead says in its clinical data | Tech News

We’ve been following Gilead’s remdesivir (sold under drug name Veklury) for over five months now. In April, Remdesivir’s study was touted by Dr. Anthony Fauci as a smashing success. Gilead’s stock also soared after the news. A lot has changed since...

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