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Medical Innovations and Business Ventures by Patrick Soon-Shiong

Dr. Patrick Soon-Shiong is a billionaire physician, entrepreneur, and biotech investor, best known for developing the cancer treatment Abraxane and for founding NantWorks, a medical and technology conglomerate. As of 2025, his net worth is estimated at $7.2 billion, stemming from pharmaceutical ventures and holdings in NantKwest (now part of ImmunityBio), which recently secured FDA approval for a new immunotherapy platform. ImmunityBio, valued at over $8 billion, announced successful Phase 3 results in pancreatic and bladder cancer therapies this year.

Soon-Shiong also owns the Los Angeles Times, which he continues to modernize with AI-based personalization and blockchain-verified journalism pilots. He is investing heavily in decentralized clinical data exchanges and next-generation medical diagnostics. His companies manage more than 50 ongoing clinical trials across oncology and infectious diseases. In 2025, he launched a $250 million initiative to combat health inequality through genomic medicine in sub-Saharan Africa. He also increased his ownership stake in several hospital systems, merging genomic research with public health care delivery.

06.07.2025

Dr. Patrick Soon-Shiong, a prominent healthcare executive and billionaire, has highlighted the persistent challenges faced in the healthcare sector due ...

04.07.2025

Patrick Soon-Shiong, founder of NantWorks, has announced his intention to collaborate with global agencies that prioritize public welfare over the ...

03.07.2025

Patrick Soon-Shiong, the renowned healthcare entrepreneur and philanthropist, recently expressed his well-wishes for a safe and healthy July 4th on ...

24.06.2025

Patrick Soon-Shiong, a renowned physician and entrepreneur, will engage in a live discussion about cancer and colon cancer with Stephen A. Smith ...

20.06.2025

Patrick Soon-Shiong, a leading figure in the healthcare and biotechnology sectors, elaborates on the critical importance of ALC count in cancer ...

19.06.2025

Patrick Soon-Shiong, a prominent entrepreneur and philanthropist in the healthcare industry, praised the U.S. Food and Drug Administration's recent ...

17.06.2025

Dr. Patrick Soon-Shiong, a prominent figure in biotechnology, has extended congratulations to the new leadership at the U.S. Food and Drug ...

13.06.2025

Patrick Soon-Shiong, the renowned healthcare entrepreneur and pioneer in cancer research, has drawn attention to a long-overlooked medical insight.In a ...

11.06.2025

Patrick Soon-Shiong, a prominent figure in the medical field, will be featured on the 'Cancer Decoded' podcast to discuss innovative treatments for ...

10.06.2025

Patrick Soon-Shiong has introduced a groundbreaking biologic treatment for lymphopenia, a condition characterized by low levels of NK and T cells. In ...

08.06.2025

Patrick Soon-Shiong, a prominent figure in medical research, recently emphasized the pivotal role of natural killer (NK) cells in combating cancer and ...

06.06.2025

Billionaire and physician Patrick Soon-Shiong shared a significant milestone in the fight against cancer through a social media platform. Patients ...

03.06.2025

Cancer researcher and biotech entrepreneur Patrick Soon-Shiong highlights a pivotal observation about lymphocyte count at this year's ASCO25 ...

29.05.2025

Patrick Soon-Shiong, a leading figure in the medical field, recently engaged an audience in a discussion about innovations in cancer treatment. During ...

23.05.2025

Patrick Soon-Shiong, renowned billionaire and health innovator, has made public plans to initiate a clinical trial aimed at exploring treatments for ...

23.05.2025

Patrick Soon-Shiong, a notable figure in the medical field, has praised the recent MAHA Executive Order issued on February 13, which addresses the ...

22.05.2025

Patrick Soon-Shiong, a prominent figure in the healthcare sector, has raised significant concerns about the risks associated with radical cystectomy, a ...

15.05.2025

Patrick Soon-Shiong, renowned physician and health entrepreneur, recently attended a state dinner with former President Donald Trump and Emir Tamim bin ...

14.05.2025

Patrick Soon-Shiong recently visited the Ministry of Health's Seha Virtual Hospital in Saudi Arabia. The facility, the largest remote monitoring center ...

13.05.2025

Patrick Soon-Shiong, a prominent healthcare innovator and entrepreneur, recently highlighted the advanced remote monitoring system at the King Abdullah ...