Florida Gov. Ron DeSantis, who has been criticized for opposing mask mandates, is now touting a COVID-19 antibody treatment in which a top donor's company has invested millions of dollars. DeSantis has been promoting the treatment as virus cases spike
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.
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. Experts agree with him. The drugs, when given within 10 days of initial symptoms, have been shown to cut rates of hospitalization and death by roughly 70%.
Citadel's investment in Regeneron is a tiny fraction of its overall $39 billion in investments, but if the stock price were to go up, Citadel would benefit. DeSantis spokeswoman Christina Pushaw points out that Citadel has far greater investments in Moderna and Pfizer, which manufacture COVID-19 vaccines.
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