Mary Wilson
Well-known member
Trump has a distant financial link to a pharma giant that makes the drug he's been pushing to fight COVID-19 — but it's probably worth less than $1,000
Rosie Perper
Apr 7, 2020, 6:06 AM
President Donald Trump reportedly has a "small personal financial interest" in a drugmaker that produces hydroxychloroquine, a drug he has been enthusiastically toutingas a possible treatment for the new coronavirus, according to a Monday New York Times report.
"As of last year, Mr. Trump reported that his three family trusts each had investments in a Dodge & Cox mutual fund, whose largest holding was in Sanofi," The Times wrote. Sanofi is a French drugmaker that produces hydroxychloroquine pills under the brand name Plaquenil.
A mutual fund is a portfolio that pools together money from several investors and then invests across various asset classes such as stocks, bonds and other forms of debt.
https://www.businessinsider.com/tru...roxychloroquine-coronavirus-drug-maker-2020-4
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My personal opinion:
Perhaps a "visible trail" investment last year, when China was doing clinical trials and studies on hydroxychloroquine.
But no one will have access to personal financial gains in this promotional campaign.
Donald Trump Jr's twitter account was also promoting Hydroxychloroquine for Covid-19.
Rosie Perper
Apr 7, 2020, 6:06 AM
President Donald Trump reportedly has a "small personal financial interest" in a drugmaker that produces hydroxychloroquine, a drug he has been enthusiastically toutingas a possible treatment for the new coronavirus, according to a Monday New York Times report.
"As of last year, Mr. Trump reported that his three family trusts each had investments in a Dodge & Cox mutual fund, whose largest holding was in Sanofi," The Times wrote. Sanofi is a French drugmaker that produces hydroxychloroquine pills under the brand name Plaquenil.
A mutual fund is a portfolio that pools together money from several investors and then invests across various asset classes such as stocks, bonds and other forms of debt.
https://www.businessinsider.com/tru...roxychloroquine-coronavirus-drug-maker-2020-4
____________________________________________________________________________________________
My personal opinion:
Perhaps a "visible trail" investment last year, when China was doing clinical trials and studies on hydroxychloroquine.
But no one will have access to personal financial gains in this promotional campaign.
Donald Trump Jr's twitter account was also promoting Hydroxychloroquine for Covid-19.