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AstraZeneca has agreed an up-to-$1.86bn collaboration with machine-learning biotech Insitro to use AI to discover treatments for fatty liver and myocardial disease. AstraZeneca will pay a $40m upfront fee. Insitro will combine its and AstraZeneca’s d

2026-10-15

AstraZeneca has agreed an up-to-$1.86bn collaboration with machine-learning biotech Insitro to use AI to discover treatments for fatty liver and myocardial disease. AstraZeneca will pay a $40m upfront fee. Insitro will combine its and AstraZeneca’s data to study disease mechanisms; if successful, Insitro could receive up to $1.46bn in additional payments plus potential royalties on any drugs. California-based Insitro has prior drug-development deals with Eli Lilly and Bristol Myers Squibb and is backed by Andreessen Horowitz, BlackRock and Temasek.

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2026-10-15

US Treasury auction for the 8 weeks ending October 15 - winning interest rate allocation percentage: 50.08%, previous value: 8.93%.

US Treasury auction for the 8 weeks ending October 15 - winning interest rate allocation percentage: 50.08%, previous value: 8.93%.
2026-10-15

1. Trump again criticizes the Federal Reserve: The terrible Fed deliberately keeps interest rates too high. 2. New plan for strike against Iran developed: According to CNN, citing multiple US officials familiar with the matter, the US military has d

1. Trump again criticizes the Federal Reserve: The terrible Fed deliberately keeps interest rates too high. 2. New plan for strike against Iran developed: According to CNN, citing multiple US officials familiar with the matter, the US military has developed a new plan for strike against Iran. 3. The US is making a fortune: US President Trump: Because oil prices are so high, our country is making more money now than ever before. 4. Considering easing sanctions on shadow fleet: A US official said on Wednesday that the Trump administration is considering easing sanctions against the so-called "shadow fleet." 5. Leakers of Middle East war information should be executed: US President Trump, speaking at a campaign rally in Arizona, called for the death penalty for those who leak information to the media. 6. Attacking Iran defensively: US President Trump: The reason we attacked Iran is actually defensive, because we don't want them to have weapons that can kill millions with a single blow. 7. Boasting of a Strong Inflation Handling Position —When asked if he had discussed the inflation report with Federal Reserve Chairman Warsh and the market's mounting bets on interest rate hikes, US President Trump stated, "We're doing very well. We're doing a fantastic job right now." 8. Considering Unfreezing Some Russian Assets to Facilitate Peace Talks —Four sources familiar with the matter revealed that the US has proposed to European countries to unfreeze some Russian sovereign assets frozen since the outbreak of the Russia-Ukraine war and transfer these assets to a Washington-regulated institution, in an effort to restart peace negotiations.
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