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DeSantis Top Donor Invests in COVID Drug Governor Promotes
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 donor's company has invested millions of dollars.
DeSantis has been flying around the state promoting a monoclonal antibody treatment sold by Regeneron, which 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 Pharmaceutical Inc., 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.
It's not unusual for hedge funds to have a wide range of investments. And BlackRock, which has primarily donated to Democratic candidates, though has also donated substantially to Republicans, has a large holding in the company - more so than Citadel.
https://www.usnews.com/news/health-news/articles/2021-08-17/desantis-top-donor-invests-in-covid-drug-governor-promotes