Patrick Kennedy profits from opioid-addiction firms

How Many Faces? –

April 18, 2018 – Kennedy also sits on the boards of eight corporations deeply invested in Washington’s response to the opioid crisis, from which he said he collects director fees and holds an equity stake in the firms. Many of those firms — along with the dozens who support the Kennedy Forum — stand to benefit from fresh efforts in Congress and the Trump administration to combat the opioid crisis by expanding treatment and speeding anti-opioid drugs to market. In the meantime, Kennedy has met regularly with his former congressional colleagues to advocate for higher levels of spending. The companies for which Kennedy is a board member range from CleanSlate Centers, which primarily provides medication-assisted treatment to patients with alcohol and opioid disorders, to Axial Healthcare, a tech startup that sells pain and opioid management products. InteraXon, a company that makes a “brain sensing headband” that promotes meditation as an addiction rehabilitation aid, lists both Patrick Kennedy and his wife Amy Kennedy, a former teacher, as advisory board members.

Full Story @ Politico.com

Leonard Buschel

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Leonard Buschel

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