In a remote Vermont ski town, 3 execs raised $93M for a stem cell research campus. Prosecutors say it was all just a scam
The Jay Peak ski resort isn’t the most likely place you’d find a biotech research campus devoted to stem cell research and the development of artificial organs. Set in the rugged mountain area in Vermont’s Northeast Kingdom, it’s just a few miles from the Canadian border. And its slopes bring in skiers from the world over.
Just not a lot of biotech execs, unless they’re coming to hit the black diamonds.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.