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Billionaire Pharma Investors Fund Privatized 'Strike Team' at the FDA

Summary by Sludge
💊Share this on Bluesky and XOn Monday, venture capitalist Joe Lonsdale, a prominent Trump supporter and Elon Musk confidante who has extensive investments in health care startups, announced that he is funding an initiative inside the Food and Drug Administration that he says will “upend America's health bureaucracy” and enable faster approval of cures. His announcement comes after the Trump administration cut thousands of FDA jobs this year, as…

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Sludge broke the news in on Wednesday, July 9, 2025.
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