Earlier this year, ImmunityBio opened a plant in South Africa under the name Nant SA.
NantKwest
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Soon-Shiong holds $7.03 billion of his $8.99-billion fortune in cash.
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Soon-Shiong owns 73.2 percent of the biotech business.
- Southern Africa
Billionaire Patrick Soon-Shiong pledges $213 million for COVID-19 vaccine production
The funds will aid the technological transfer needed to jumpstart production in South Africa.