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Epstein associate raises $100M for biotech comeback

By STAT News · Summarized & edited by · 2026-03-12
Epstein associate raises $100M for biotech comeback

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Why it matters: The $100 million infusion shows that venture capital still backs biotech ventures even when linked to a controversial figure, giving the associate's company a financial runway while signaling investor confidence. Vinay Prasad’s possible FDA comeback could steer regulatory decisions, affecting drug approval pathways and industry stakeholders.

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