Health · Medical Research · 2 hrs ago

Ramaswamy loses Ohio governor’s race after biotech leaders criticize campaign ad

Ramaswamy loses Ohio governor’s race after biotech leaders criticize campaign ad

Vivek Ramaswamy lost Ohio’s governor’s race as Democratic support surged.

In the final days of the campaign, six biotech leaders urged him to withdraw an ad featuring the estranged mother of his opponent, Amy Acton.

Critics said the ad disregarded documented childhood trauma and the evidence-based standards expected in biotech; it had drawn criticism from both parties.

Ramaswamy defended the ad, despite the unusually pointed rebuke from an industry that helped make him famous.

His biotech record became part of the political scrutiny, including his founding of Roivant, which built a network of specialized drug developers.

One subsidiary, Axovant Sciences, raised hundreds of millions of dollars in a 2015 share sale to develop an Alzheimer’s drug whose earlier trials had not met their overall efficacy goals.

The case highlights the difference between raising money and proving a drug works, a distinction that matters when business success is presented as a political credential.

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