DeSantis top donor invests in COVID drug governor promotes (Regeneron)
Source: Associated Press
DeSantis top donor invests in COVID drug governor promotes
By BRENDAN FARRINGTON
August 17, 2021
Florida Gov. Ron DeSantis who has been criticized for opposing mask mandates and vaccine passports is now touting a COVID-19 antibody treatment in which a top donors company has invested millions of dollars.
DeSantis has been flying around the state promoting Regeneron, a monoclonal antibody treatment that was used on then-President Donald Trump after he tested positive for COVID-19. The governor first began talking about it as a treatment last year.
Citadel, a Chicago-based hedge fund, has $15.9 million in shares of Regeneron Pharmaceuticals as well as options to buy its stock, according to filings with the U.S. Securities and Exchange Commission. Citadel CEO Ken Griffin has donated $10.75 million to a political committee that supports DeSantis $5.75 million in 2018 and $5 million last April.
DeSantis ramped up the call for Floridians to seek out monoclonal antibody treatments in August as coronavirus cases spiked. Hes held news conferences at treatment sites and a Tampa hospital touting the effectiveness of the drug if people receive treatment soon after testing positive.
-snip-
Read more:
https://apnews.com/article/joe-biden-business-health-coronavirus-pandemic-4d0d18b24e0dd41de2424e19b3ed994f