Abby Wambach cutting ties with Favre-backed venture that got Mississippi welfare funds

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Abby Wambach cutting ties with Favre-backed venture that got Mississippi welfare funds
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The retired soccer star told NBC News she's ending 'any involvement” with Prevacus and Odyssey Health Inc., firms jointly touting a nasal spray to treat concussions.

Wambach told NBC News in a statement she has “initiated the process to immediately and fully divest myself from any involvement — financial and otherwise” — with Odyssey Health Inc. and Prevacus, two firms jointly touting a nasal spray designed to treat concussions. Her statement came hours after NBC News called her to ask about her involvement in the controversial venture.

“Don’t know if legal or not but we need cut him in,” Favre texted a company official, referring to Bryant, adding three days later: “Also if legal I’ll give some of my shares to the Governor.” Wambach was among several former athletes who joined Favre in trying to help the venture market its drug, which has not completed the Food and Drug Administration’s approval process.

Wambach publicly aligned herself with Prevacus in 2018, becoming an investor, and she began serving on the company’s Sports Advisory Board.When Wambach signed on, Favre was the largest individual outside investor, with $250,000 committed, according to a lawsuit filed by the Mississippi State Department of Human Services.

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Abby Wambach is cutting all ties with Brett Favre-backed venture that got Mississippi welfare fundsAbby Wambach is cutting all ties with Brett Favre-backed venture that got Mississippi welfare fundsThe retired soccer star told NBC News she's ending 'any involvement” with Prevacus and Odyssey Health Inc., firms jointly touting a nasal spray to treat concussions.
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