BUSINESS
Otsuka Initiates Tender Offer to Acquire All Outstanding Shares of Avanir for US$17 per Share
Otsuka Pharmaceutical commenced on December 12 (local time) a tender offer to acquire all outstanding shares of the US biopharma company Avanir Pharmaceuticals. The Japanese drug maker will purchase Avanir’s common stocks for US$17 per share, through its wholly-owned indirect…
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Let’s be real: even with the best intentions, AI systems can reflect our own unconscious biases. As Daniel Kahneman and Amos Tversky famously demonstrated in their groundbreaking work on Prospect Theory, humans are prone to cognitive biases that influence our…





