Trump has ’financial interest’ in Hydroxychloroquine manufacturer: NYT

Trump has ’financial interest’ in Hydroxychloroquine manufacturer: NYT

As per a NYT report, Trump has a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine. The investment is part of the Trump family’s larger stake in a mutual fund whose largest holding is in the drugmaker. Trump has aggressively promoted hydroxychloroquine as a potential cure of COVID-19, despite the doubts of experts.

David
David
Rhokanth
Rhokanth 1 months

And there we go. Just as I finish posting in a seperate article. They always find a way. Now that Democrats are acknowledging it works, they are going to claim he's profiting from it. News flash: billionaires have investments in tons of companies to diversify their assets. I wouldn't be surprised if he didn't even know that he had a stake in it.

John W
John W 1 months

This is totally fake news, actually ridiculously so. This drug is generic his mutual fund owns a small amount of the company maybe $99, that used to make it before it went generic. India now makes it as cheap generic. How many times are you going to believe this stuff because a bad case of TDS? It's basically never ending. Check out this video. https://youtu.be/NJP4EzXYVwE http://www.marketwatch.com/story/trumps-personal-stake-in-the-malaria-drug-maker-sanofi-could-be-as-small-as-99-2020-04-07 The New York Times says Trump has a “small personal stake” in Sanofi, the French drug manufacturer that produces the drug. The report doesn’t say how small, but it notes that his three family trusts have investments in a Dodge & Cox mutual fund whose largest holding is Sanofi. A fund that matches this description is the Dodge & Cox International Stock Fund US:DODFX, which at last check was 3.3% invested in Sanofi Trump’s 2019 financial-disclosure form lists stakes in Family Trusts 1, 2 and 3 valued at between $1,001 and $15,000. So if Trump has the maximum $15,000 in each of the trusts, he holds a stake in Sanofi that’s worth $1,485 — and, at the minimum, just $99

eddy yetty
eddy yetty 1 months

It's pretty crazy/scary how easily people believe the media without any research. The most minimal bit of digging will show how misleading this story is. This is a non story. Atleast their making it easier to spot.

Watheverable GRAMPS
Watheverable GRAMPS 1 months

Grasping at straws, but the straws are in a whole other plane of existence in a different dimension of an alternate time-line under a rock.

Got Truth
Got Truth 1 months

And the MSM wonder why people don’t trust them. This story is all about orange man bad and no substance.

ConcealCarryProtect
ConcealCarryProtect 1 months

The entire world has a financial interest. If its a cure it could save the financial giant that is the US from a painful withering death and the statists will just print more money.

Jon
Jon 1 months

But... they ARE proven! Chloroquine was proven before Trump was born! What is wrong with cheering for an off-label use of a prescription drug? We literally do it all the time!

Judge Dredd
Judge Dredd 1 months

This is not surprising at all that's why the head of the company paid to get a meeting with trump through Michael Cohen. Also this is how insane the right is.... A good chunk of them believe in this Qanon which they belive trump is locking up all the human traffickers at this very time and making the Cabal fall..... That is literally what a lot of right wing wackos believe trust me I've seen it first hand.... The right wing lunatics will hold on to anything they can about their failed president.

Jason
Jason 1 months

Insert meme of trump pointing at MSM: "YOU ARE FAKE NEWS"

Watheverable GRAMPS
Watheverable GRAMPS 1 months

Lol, who was the joker that let Vox back in, come on, don't be shy!

porcus
porcus 1 months

Leftist hyper-ventilating over a nothing burger.

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