Cain’s staff announced on Twitter that the 74-year-old businessman was admitted to the hospital near Atlanta on Wednesday, but is doing well and is not on a ventilator. Cain was notified on Monday that he had tested positive for the novel coronavirus and by Wednesday had developed symptoms serious enough that he required hospitalization, the statement said.

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Cain was diagnosed in 2006 with stage 4 colon cancer that metastasized to his liver and was given a 30 percent chance of survival. He successfully underwent chemotherapy and has been in remission since.

Cain, who successfully steered food chains like Burger King and Godfather’s Pizza to profitability and served as chairman of the Federal Reserve Bank of Kansas City, shot to national prominence in 2012 when he launched a bid to be the Republican presidential nominee. While he had a strong following among Tea Party activists and led in the polls at one time, his campaign was derailed when he was accused of sexual harassment and misconduct during his time as CEO of the National Restaurant Association in the late 1990s. He vehemently denied the claims but dropped out of the race.