« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Trump Has Financial Interest in Hydroxychloroquine Manufacturer: NYT

By: clo in ALEA | Recommend this post (0)
Tue, 07 Apr 20 4:19 PM | 18 view(s)
Boardmark this board | The Trust Matrix
Msg. 35324 of 54959
(This msg. is a reply to 35321 by Cactus Flower)

Jump:
Jump to board:
Jump to msg. #

snippet:

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.

Ashleigh Koss, a Sanofi spokeswoman, said the company no longer sells or distributes Plaquenil in the United States, although it does sell it internationally.

Several generic drugmakers are gearing up to produce hydroxychloroquine pills, including Amneal Pharmaceuticals, whose co-founder Chirag Patel is a member of Trump National Golf Course Bedminster in New Jersey and has golfed with Mr. Trump at least twice since he became president, according to a person who saw them.

Mr. Patel, whose company is based in Bridgewater, N.J., did not respond to a request for comment. Amneal announced last month that it would increase production of the drug and donate millions of pills to New York and other states. Other generic drugmakers are ramping up production, including Mylan and Teva Pharmaceutical Industries.

Roberto Mignone, a Teva board member, reached out to the team of Jared Kushner, the president’s son-in-law and senior adviser, through Nitin Saigal, who used to work for Mr. Mignone and is a friend of Mr. Kushner’s, according to people informed about the discussions.

Mr. Kushner’s team referred him to the White House task force and Mr. Mignone asked for help getting India to ease export restrictions, which have since been relaxed, allowing Teva to bring more pills into the United States. Mr. Mignone, who is also a vice chairman of NYU Langone Health, which is running a clinical study of hydroxychloroquine, confirmed on Monday that he has spoken with the administration about getting more medicine into the country.
more:
http://www.nytimes.com/2020/04/06/us/politics/coronavirus-trump-malaria-drug.html




Avatar

DO SOMETHING!




» You can also:
- - - - -
The above is a reply to the following message:
Re: Trump Has Financial Interest in Hydroxychloroquine Manufacturer: NYT
By: Cactus Flower
in ALEA
Tue, 07 Apr 20 3:03 PM
Msg. 35321 of 54959

Before getting too outraged, I'd be interested in two things:

1. Whether his investment in Sanofi represents a disproportionate share of Trump's total holdings.

2. Since the mutual funds are not run by Trump, and as far as I am aware they don't report their holdings every day, did he actually know they were invested in Sanofi?

In this case, you have to be careful that the journalists may be making the story conform with their suspicions. They may be motivated by the splash.


« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next