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Health News Florida
News about coronavirus in Florida and around the world is constantly emerging. It's hard to stay on top of it all but Health News Florida can help. Our responsibility is to keep you informed, and to help discern what’s important for your family as you make what could be life-saving decisions.

DeSantis Donor's Company Invests In COVID Drug Touted By Governor

Florida Gov. Ron DeSantis answers questions related to school openings and the wearing of masks in Surfside on Aug. 10, 2021.
Florida Gov. Ron DeSantis answers questions related to school openings and the wearing of masks in Surfside on Aug. 10, 2021.

Citadel’s investment in Regeneron is a tiny fraction of its overall $39 billion in investments. The hedge fund's CEO has donated $10.75 million to a political committee that supports Gov. Ron DeSantis.

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 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. Experts say Regeneron is an effective treatment.

Read the full story from the Associated Press.

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