Here's why billionaires Mark Zuckerberg, Jeff Bezos and Peter Thiel want to live longer — and Elon Musk doesn't. (via CNBCMakeIt)
, which officially launched earlier this year. According to its website, the San Francisco-based biotech company focuses on "cellular rejuvenation programming," a theorized method of reversing disease, injury and disability., a South San Francisco-based company that researches "senescent cells," which stop dividing in humans as they ageThe idea, according to the company's website, is to develop "transformative medicines to slow, halt, or reserve diseases of aging.
Unity Biotechnology raised more than $300 million in funding before going public in 2018. As of Monday afternoon, it has a market cap of $73.06 million, down significantly from its September 2018 peak of nearly $972 million. Thiel is perhaps one of Silicon Valley's most well-known proponents of anti-aging research. One start-up Thiel helped fund, called Ambrosia, revisited a 1950s practice called parabiosis, which experimented with cutting open and stitching together circulatory systems in rats.
The studies didn't yield concrete conclusions, but the Monterey, California-based company still began similar trials in humans — injecting blood from people under age 25 into participants aged 35 and older — claiming rejuvenation effects. "It's one of these very odd things where people had done these studies in the 1950s and then it got dropped altogether," ThielIn 2019, the U.S. Food and Drug Administration issued a warning against parabiosis. Ambrosia appears to be nonoperational today.
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