Tuesday, December 4, 2012

The biotech company that bypassed normal peer reviews to win $11 million in state cancer funds had close ties to U.T Southwestern Medical Center in Dallas. Top donors to the Medical Center's PAC gave $1.6 million to Texas politicians who control the state's CPRIT cancer fund. These donors include the oil-rich Hunt-Hill clan, which has stakes in a venture capital fund that bankrolled Peloton Therapeutics. A director of that venture capital fund once filed a tax protest that personally saved Governor Perry $14,000 in local property taxes.

Read the latest Lobby Watch as it delves into this ethical swamp.