Atomic Bob's Stock Forum - The Golden Thread

President Donald Trump has a â€œsmall financial interestâ€ in the maker of an anti-malarial drug that he has been touting as a â€œgame changerâ€ in treating coronavirus, according to The New York Times. Over the past two weeks, Trump and his Fox News allies have aggressively promoted hydroxychloroquine as a potential cure, despite top infectious-disease expert Dr. Anthony Fauci and others urging caution and noting that there was not enough evidence of the drugâ€™s efficacy.

The Times reports the presidentâ€™s family trusts all have investments in a mutual fund whose largest holding is Sanofi, the manufacturer of Plaquenil, the brand-name version of hydroxychloroquine. Associates of the president, including Commerce Secretary Wilbur Ross, have also run funds that hold investments in the pharmaceutical firm.

Read it at The New York Times

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