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Located on Park Row, The Red Lodge Museum explores four centuries of history, from the \

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The runaway success of weight loss drugs took the markets by storm last year, spurring huge stock gains for drugmakers like Novo Nordisk, which makes Wegovy and Ozempic. Most patients take them at home in weekly injections, using plastic, pen-like devices known as autoinjectors, filled with the liquid medication and fitted with a tiny needle as wide as two human hairs.<br/><br/>As demand for the drugs soars, so does the need for those devices. That growth has now minted a new billionaire: Roger Samuelsson, the 60-year-old Swedish cofounder of Switzerland-based SHL Medical, one of the world’s largest manufacturers of autoinjectors. Forbes estimates he’s worth $3 billion, largely thanks to his 69% stake in the company he cofounded in 1989. The remaining 31% is held by Swedish private equity firm EQT—which has minted seven billionaires over the years—and Athos, the family office of the billionaire Struengmann brothers. Press-shy Samuelsson, who declined multiple requests for an interview, also enjoys fast cars (he raced in the 2016 Ferrari Challenge series) and owns the 414-foot megayacht Octopus, which he bought in 2021; the yacht was built for its first owner, Microsoft cofounder Paul Allen (d. 2018).<br/><br/>0:00 Introduction<br/>0:20 Who Is Roger Samuelsson?<br/>3:32 The Growing Market For Injectors<br/>5:50 Who Is The Competition In The Space<br/>8:50 What's Next For SHL Medical<br/>10:45 What's Next For Roger Samuelsson<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/12/meet-the-billionaire-owned-company-making-injectors-for-blockbuster-drugs-like-ozempic/?sh=5ba1ce857607<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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WHEN Arrogrance spotted Zyion at a barbecue, she was smitten. Recalling the story to Love Don't Judge, she explained: \
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A MAN claims he has created a car that might solve the world’s traffic congestion problems. Rick Woodbury from Spokane, Washington USA, is the president, founder and sole employee of ‘Commuter Cars.’ The carmaker’s flagship model is the 2005 super slim two-seater Tango T600, a high-performance electric car that preceded Tesla. Rick told us: “I started this company 21 years ago – it was based on an idea that I came up with in 1982.” He was inspired by the shocking traffic congestion he had to face on a daily basis. “I used to drive a Porsche from Beverly Hills to Hermosa Beach every day and the traffic was horrendous,” explained Rick. What really made Rick think about a solution was the fact that in most of the cars he would see in his commute were occupied by lone drivers. “I noticed that everybody around me was a single occupant in a car, taking up the whole lane,” Rick said. Living and working in Los Angeles also helped inspire Rick’s unique creation. “I thought, everyone wants to get from point A to point B efficiently, and in cities like Los Angeles there’s really no centre, there’s no hub, everybody goes everywhere,” explained Rick. For him, there is a simple solution, and that is reducing the width that vehicles take up on the road so that 2 can fit comfortably in a single lane. “I don’t think there’s any other answer except doubling lane capacity,” said Rick. With a length of 102 inches this micro car can be parked just about anywhere, just like you would with a motorbike. Rick said: “The length is the same width of a semi-truck so I can park perpendicular to the curb.”The selling point of this vehicle is that it can drive in-between cars better than any other car. “The coolest feature for me to that it can get through traffic faster than any car in history,” said Rick. Much like a motorbike, the Tango T500 can drive right up to the stop line of traffic lights.
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