I agree that research misconduct is different than what I'm describing. I think that students who conduct serious research with local universities (for example) should be celebrated. But I do think the issues are related in that Regeneron needs to think about the (lack of) systems in place for vetting and supporting projects of all types.
This kid plagiarized & had serious research misconduct. The fact that he has connections via his sister & dad is not the problem imo.