tyb's
Inspire Medical Systems, Inc. sold by Orbimed Advisors LLC: $42.12m-Mar 3
Inspire Medical Systems, Inc. is a medical technology company. The Company is focused on the developing and commercialization of minimally invasive solutions for patients with obstructive sleep apnea. The Company has developed a novel, closed-loop solution that continuously monitors a patient's breathing patterns and delivers mild hypoglossal nerve stimulation to maintain an open airway. The system delivers mild stimulation to the hypoglossal nerve, which controls the movement of user's tongue and other key airway muscles. By stimulating these muscles, the airway remains open during sleep. The system is controlled by a small handheld sleep remote. Number of employees : 239 people.
this is the second large sale by Orbimed Advisors LLC in as many days.
Cap #2 was filed yesterday. Alector Inc. Biotech. $48.72m
Orbimed Advisors LLC General partner
Chau Q. Khuong is a Partner on the private equity team. Over his venture capital career, Mr Khuong has invested in drugs and therapeutic devices across a range of disease areas from oncology to infectious diseases to ophthalmology. Prior to OrbiMed, he developed skills in start-up operations and business development at Veritas Medicine, Inc. and in basic immunology research at the Yale School of Medicine and Massachusetts General Hospital. Mr. Khuong holds a B.S. in molecular, cellular and developmental biology and M.P.H. with concentration in infectious disease, both from Yale University.
http://www.orbimed.com/en/leadership/private-equity?mid=1301
https://www.finviz.com/insidertrading.ashx?oc=1609405&tc=7
https://www.finviz.com/insidertrading.ashx?oc=1055951&tc=7&b=2
Asian Market Report
Treasury's/Bonds hammered again as Asian markets drop.
Asian shares and U.S. stock futures fell on Friday following another Wall Street drop as disruptions to global business from the coronavirus beyond China worsened, stoking fears of a prolonged world economic slowdown. Yields on 10-year U.S. Treasuries fell to a record low (Cap#3) and the 30 year bond fell below 1.50% (Cap#4) as investors increased bets that the Federal Reserve will follow this week’s "surprise"-not to anyone in here it wasn't-50 basis point rate cut with further easing(probably another 25 basis points) to prevent corporate bond spreads from widening further. Tumbling yields hammered the dollar, which traded near a six-month low versus the yen and close to a two-year trough against the Swiss franc.Oil prices fell due to worries that non-OPEC oil producers might not agree to output cuts even though global energy demand is weakening-Cap#5. The euro held steady at $1.1225. Markets in the euro zone are pricing in a 93 percent chance that the European Central Bank will cut its deposit rate, now minus 0.50 percent, by 10 basis points next week. The FOMC meeting is on March 18th and they will cut rates again to catch up to the action in the bond market. The Federal Reserve and Bank of Canada both responded to the economic threats by cutting interest rates by 50 basis points this week. The Dept. Commerce will release the February Jobs #'s tomorrow morning at 8:30am EST.
BOJ mulls support for firms hit by coronavirus
Japan's central bank is considering a new financing program to support businesses hit hard by the coronavirus outbreak. The move comes as many firms see a steep drop in sales as exports to China sink, foreign visitor numbers decline and events are canceled. The Bank of Japan plans to support commercial lenders that provide funds to firms struggling to maintain cash-flow. BOJ policymakers are to meet in mid-March. They will study a second emergency package the government is to draw up by around next Tuesday, and discuss the details and timing of the new financing plan. The government has already started providing emergency loans to firms through the Japan Finance Corporation and other entities.
https://www3.nhk.or.jp/nhkworld/en/news/20200306_19/
South Korea, Japan to hold export control talks via teleconference, Jiji says
TOKYO (Reuters) - South Korea and Japan will hold export control talks originally planned for March 10 in Seoul via teleconference, the Jiji news agency reported on Friday, reflecting the widening impact of the coronavirus outbreak. On Thursday, Japanese Prime Minister Shinzo Abe announced a two-week quarantine on visitors from China and South Korea, among other measures.
https://www.reuters.com/article/us-healthcare-coronavirus-southkorea-jap/south-korea-japan-to-hold-export-control-talks-via-teleconference-jiji-says-idUSKBN20T0CM
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.marketwatch.com/investing/bond/tmubmusd30y
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://www.marketwatch.com/tools/marketsummary?region=asia
tyvm anon-san
hurry up faggot. almost there.