Plasma company, with Rick Santorum as part-owner, awaits as much as $65M in emergency virus funding
An obscure South Carolina company may be in line for millions of dollars in U.S. government funding to produce a coronavirus treatment after a former Republican senator with a financial stake in the business lobbied senior U.S. government officials.
Plasma Technologies LLC, has received seed money to test a possible COVID-19-fighting blood plasma technology. But as much as $65 million more could be on the way, a windfall for the company that operates out of the founders luxury condo ...
At the center of these deals is Dr. Robert Kadlec, a senior Trump appointee at the Department of the Health and Human Services ... Records obtained by the AP also describe Kadlec as a former pharmaceutical industry executive and well-connected Republican donor. Three years ago, Zurlo brought Rick Santorum, who spent 12 years as a GOP senator from Pennsylvania, aboard as a part-owner.
In early April, shortly after Congress supplied hundreds of billions of dollars to combat the pandemic, Santorum stepped up his sales pitch for Plasma Technologies and the process the company has described as disruptive and transformative, according to the records.
https://www.pennlive.com/coronavirus/2020/11/plasma-company-with-rick-santorum-as-part-owner-awaits-as-much-as-65m-in-emergency-virus-funding.html