Bloomberg Businessweek cover image

Bloomberg Businessweek

Bloomberg Businessweek Weekend - November 29th, 2024

Nov 29, 2024
Rick Worcester, President of Charles Schwab and soon-to-be CEO, shares his vision for the firm's future. Lizanne Saunders and Jeffrey Kleintop delve into market trends and global investment opportunities. Omar Aguilar discusses evolving wealth management strategies and client behaviors. The guests also tackle cryptocurrency, technological advancements in finance, and investor engagement amid economic uncertainty, highlighting the growing significance of younger investors in the financial landscape.
01:07:51

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Quick takeaways

  • Vertex Pharmaceuticals focuses on precision medicine by targeting the underlying genetic causes of diseases like cystic fibrosis to develop effective therapies.
  • Open source AI from companies like Meta fosters collaboration and innovation, significantly enhancing accessibility for small businesses and researchers in various fields.

Deep dives

Innovations in Treatment Development

Vertex Pharmaceuticals is implementing unique approaches to tackle some of the most challenging diseases facing humanity. The company focuses on developing targeted therapies based on specific causes of diseases, utilizing advanced methods and innovative tools in their search for effective treatments. Their distinct philosophy prioritizes patient-specific solutions, emphasizing precision medicine that aims to treat the underlying causes rather than just the symptoms. For example, Vertex has been making strides in the treatment of cystic fibrosis by developing therapies specifically designed for the genetic mutations responsible for the disease.

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