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685: Subway is the latest fast food chain to jump on the alternative meat trend. Next month, it will introduce the Beyond Meatball Marinara, a sub made with plant-based “meatballs,” in 685 of its North American locations. The deal comes on the heels of similar announcements: Dunkin’ Donuts introduced its own Beyond Breakfast Sandwich just last month, and Burger King is rolling out its Impossible Whopper (a burger made with a plant-based Impossible Foods patty) this week. For more on the future of protein, check out our report, Our Meatless Future: How The $90B Global Meat Market Gets Disrupted.
$1.35B: Salesforce is to buy operational intelligence company ClickSoftware for $1.35B. This is Salesforce’s 6th acquisition in 2019, and its second-biggest of the year after buying Tableau for $15.7B. ClickSoftware was taken private in 2015 at a valuation of $438M, around a third of its selling price today.
$5.5B: Swedish payments company Klarna is now the most valuable fintech startup in Europe. The company earned a valuation of $5.5B following a $460M VC round led by Dragoneer Investment Group. Klarna was previously valued at $3.5B in April of this year. See Klarna alongside other top-funded tech startups in our Startup Continent: Europe map.
$425,000 per year: The FDA announced that pharma giant Norvatis submitted manipulated data during the approval process for its gene therapy drug Zolgensma — reportedly the world’s most expensive drug at $425,000 per year for five years. The FDA is currently recommending keeping the treatment for spinal muscular atrophy on the market, saying that the compromised information only affected a “small portion of the product testing data.”
$8.5M: Domino’s says that it has stockpiled $8.5M worth of pizza ingredients in case the UK leaves the EU without a deal. The pizza maker says that around a third of its ingredients for the UK market are imported. The company is far from alone in its stockpiling efforts — the British government itself is recommending that medical suppliers hold on to 6 weeks worth of inventory.
1 in a million: An Oregon man nearly lost $23,000 in cash after tossing a shoebox of his life savings in the recycling bin. When he realized what he had done, he contacted Recology, a waste collecting service that services 1M+ homes and businesses on the West Coast. Luckily, a Recology employee spotted the shoebox on the sorting line, and the money is being reunited with its owner. For an alternative to shoeboxes, check out our report on the digital banks of the future.