WASHINGTON — Sen. J.D. Vance, who was tapped to be former President Trump’s running mate on Monday, has a history of investing in health care companies — and of pursuing health care policies that are sometimes at odds with his party’s base.
Vance, as a Yale-educated venture capitalist, has invested in biotech startups developing new therapies, companies that aim to aid in drug discovery, health data companies, and health tech platforms, according to his federal financial disclosures.
Vance rose to prominence after his book “Hillbilly Elegy” about his impoverished childhood in Appalachia was published in 2016. He’s found friends in wealthy places since. He co-founded a venture capital firm, called Narya Capital, with funding from billionaire Peter Thiel and support from venture capital titan Marc Andreessen and former Google CEO Eric Schmidt. The firm has portfolio companies focused on health care.
This article is exclusive to STAT+ subscribers
Unlock this article — plus daily intelligence on Capitol Hill and the life sciences industry — by subscribing to STAT+.
Already have an account? Log in
Already have an account? Log in
To submit a correction request, please visit our Contact Us page.
STAT encourages you to share your voice. We welcome your commentary, criticism, and expertise on our subscriber-only platform, STAT+ Connect