[6][7] Subsequently, he enrolled in graduate studies in pharmacology but left the program upon realizing that he sought a different career path than that of his father.
[4] In July 1999, Edelman founded Perceptive Advisors, a hedge fund firm focused on identifying and investing in promising technologies and innovations in the field of biotechnology.
[13] Edelman is on the boards of directors at the New York Genome Center, Athira Pharma, and Xontogeny, a support firm for early-stage life science companies.
[19] According to an investigation by the Huffington Post, the foundation was the primary funder enabling the creation of Do No Harm, an advocacy group that opposes anti-racism education in public schools and gender-affirming care for minors; the donation is characterized by the Foundation in its IRS filing as "to provide support to protect healthcare from a radical, divisive, and discriminatory ideology.
[23] In 2021, they bought an 18,000 square foot oceanfront mansion in a gated community in Laguna Beach, California for US$70 million, a record for Orange County.