Caris Life Sciences’ massive new capital raise gives it a valuation of nearly $8 billion
The Irving-based precision medicine company is getting a major boost from an $830 million equity round.
Caris Life Sciences is headquartered in Irving.(Courtesy of Caris Life Sciences)
4:28 PM on May 11, 2021 CDT
The Irving-based precision medicine pioneer Caris Life Sciences is hauling in a massive investment that places a nearly $8 billion valuation on the 13-year-old company.
The $830 million equity round includes some of the biggest names in investment circles, including Sixth Street and funds associated with T. Rowe Price, Fidelity, Silver Lake and Coatue. A dozen other investors also took part.
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Vijay Mohan
Chandigarh, May 8
The Indian Army is asking the private industry to design and develop a portable helipad that can meet its field requirements across a vast spectrum of operations in diverse geographical and climatic conditions.
A portable helipad is a makeshift structure comprising sub-units that can be easily transported, assembled and disassembled to provide a temporary place for helicopters to land and take-off. They are cost-effective and can be used in places that do not require the construction of a permanent helipad or when time is a critical factor. Besides military operations, portable helicopters have immense scope for deployment during disaster relief operations and also for internal security duties.
Vijay MohanTribune News ServiceChandigarh, April 13
Astronomers have discovered a new active galaxy, identified as the farthest gamma-ray emitting galaxy, that has so far been stumbled upon. This act
MoD issues request for information to procure 350 light tanks for Ladakh frontier tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
Chandigarh, April 21
Following instances of fraudulent claims of leave travel concession (LTC) and other irregularities being detected by the Comptroller and Auditor General (CAG), the Ministry of Finance has ordered that LTC claims paid to government employees over the past 10 years be scrutinised.
The Controller General of Accounts in the finance ministry has, in an order issued on April 20, directed its subordinate offices in all ministries and departments that the internal audit wings will examine the LTC claims paid from 2010-11 onwards along with their regular audit submit their compliance report to the ministry by September 30.
After audit of some government offices, the CAG had, in its report last year, observed that after air tickets submitted by employees were cross checked with the concerned airlines, it emerged that the employees had changed the amount mentioned in original air tickets to higher amount, names of unauthorised travel agents through which tickets were boo