Haute 100 Miami Update: Local Billionaire Phillip Frost Buys 1 Million Prolor Shares
Haute 100 lister Dr. Phillip Frost is a Miami Beach entrepreneur and billionaire whose Gamma Trust recently acquired 1 million shares of Prolor Biotech for $5 million as part of its public offering. Frost is Chairman of several companies, one of which is Nes-Ziona, an Israel-based company that closed its offering Wednesday with net proceeds of $35 million; it sold 7.48 million shares.
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