A $4.7 billion bet on finding the elixir of life

A $4.7 billion bet on finding the elixir of life
(Image: Depositphotos)
The Economist
Startups come and startups go. But few startups start with US$3 billion (NZ$4.76b) in the bank. Yet that is the fortunate position in which Altos Labs finds itself. Though preparations for the launch of what must surely be a candidate for the title of “Best-financed startup in history” had been rumoured for months, the firm formally announced itself, and its modus operandi, on Jan 19 this year. And, even at US$3b, its proposed product might be thought cheap at the price. For the alchemy its founders, Rick Klausner, Hans Bishop...

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