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Trump has ties to founder of company that made treatment he touted as ‘cure’
News that the president has been treated with Regeneron’s experimental cocktail – which Trump called a “cure” for the virus in the video just posted – caused the company’s stock to rise sharply.
Donald Trump has ties to Regeneron’s CEO, Dr. Leonard Schleifer, who is a member of the president’s golf club in Westchester.
Schleifer’s company received $450m in government funding this summer as part of the president’s program to encourage the development of a vaccine and treatment. Trump ownsed shares of Regeneron and Gilead Sciences – maker of the antiviral remdesivir, which the president is also said to be taking – per his 2017 filing with the Office of Government Ethics. Neither holdings were listed on the president’s most recent filing.
Source: The Guardian
Keyword: Coronavirus live news: Brazil cases pass 5m; Trump calls catching Covid ‘a blessing in disguise’ | World news