DeSantis top donor invests in COVID drug governor promotes

News
Ron DeSantis

In this Aug. 10, 2021, photo, Florida Gov. Ron DeSantis answers questions related to school openings and the wearing of masks in Surfside, Fla. Top Republicans are battling school districts in their own states’ urban, heavily Democratic areas over whether students should be required to mask up as they head back to school. (AP Photo/Marta Lavandier)

(AP) Florida Gov. Ron DeSantis has been criticized for efforts to ban mask mandates and vaccine passports. Meanwhile, he’s touting a COVID-19 antibody treatment in which a top donor’s company has invested millions of dollars.

DeSantis has been promoting the effectiveness of Regeneron, a monoclonal antibody treatment. Filings with the U.S. Securities and Exchange Commission show Citadel, a Chicago-based hedge fund, has $15.9 million in shares of Regeneron Pharmaceuticals as well as options to buy its stock. Citadel CEO Ken Griffin has donated $10.75 million to a political committee that supports DeSantis. Citadel’s investment in Regeneron is a tiny fraction of its overall $39 billion in investments.

(Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.)

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

State Cases State Deaths

Latest Videos

More Video

More Local News

3-Day Forecast

Trending Stories