But Mr. Ramaswamy, now 37, made a fortune anyway. The core company Mr. Ramaswamy built has since had a hand in bringing five drugs to market, including treatments for uterine fibroids, prostate cancer and the rare genetic condition he mentioned on the stump in Iowa. Mr. Ramaswamy’s resilience was in part a result of the savvy way he structured his web of biotechnology companies. He’s a sort of a Music Man,” said Kathleen Sebelius, a Democrat and former health secretary during the Obama administration who advised two of Mr. Ramaswamy’s companies. For his part, Mr. Ramaswamy said that criticism that he overpromised was missing the point.

Source: Forbes June 27, 2023 14:50 UTC