CNBC January 28, 2025
Key Points
– Startups focused on food as medicine see Robert F. Kennedy Jr., a skeptic of vaccines and pharmaceuticals who if confirmed by the Senate would lead Health and Human Services, as a potential ally.
– Kennedy has said he would make nutritious food, rather than drugs, central to combating chronic disease, and the companies hope he would expand Medicaid coverage for their nutrition-based services.
– Food-as-medicine companies have attracted over $2 billion in funding from venture capital and enterprise investors over the last four years, according to Rock Health Advisory.
As Robert F. Kennedy Jr. faces two days of Senate confirmation hearings this week in his quest to become secretary of Health and Human Services, a niche group...