Regeneron CEO on 23andMe & $275m in Margaritaville 6/11/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 11 June 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The U.S. and China have reached a framework for a trade deal, marking progress in the London talks between both nations. Bankrupt 23andMe is up for sale, and drugmaker Regeneron is at the negotiating table. CEO Dr. Len Schleifer discusses the value of genetic data in medicine, explaining the role DNA plays in developing drug therapies. Plus, Elon Musk has posted an X of regret after publicly clashing with President Trump on social media, and CNBC’s Robert Frank reports on Jimmy Buffett’s $275 million estate, currently caught between the Margaritaville empire’s two trustees. Dr. Len Schleifer - 14:18 Robert Frank - 29:14 In this episode: Robert Frank, @robtfrank Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music, please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.0	Your Spitz journey from DNA database to the drug pipeline?
0:13.0	The story of what happens to bankrupt consumer DNA brand 23 and me,
0:17.0	Regeneron CEO Lens Schleifer, tells us what he has planned should he win the bid.
0:22.6	Our genetics predicts all the half a dozen or more indications that the Pixen would work and to treat allergic diseases.
0:29.6	And U.S. and China officials agree, in theory, in a trade deal in the making.
0:34.6	And this is basically a framework.
0:36.6	Dayton, yeah.
0:38.3	Plus, Elon Musk apologizes after railing against President Trump on X,
0:43.3	and a tough vibe for the Margaritaville estate.
0:46.3	Robert Frank reports on Jimmy Buffett's financial legacy
0:49.3	and the millions caught in a legal battle.
0:52.3	The irony here is he had a very detailed, well-constructed plan for this estate,
0:59.0	and it still fell apart because of often the reason they fell about, which is personalities.
1:04.0	It's Wednesday, June 11th, 2025.
1:07.0	Squawk Pod begins right now.
1:10.0	Stand Becky by in three, two, one.
1:13.6	Cuea, please.
1:16.1	Good morning, everybody.
1:17.6	Welcome to Squackbox right here on CNBC.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.