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Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging

 
Anonymous Coward
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10/08/2020 04:51 PM
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Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
Trump's team revealed Friday that the president received the drug, called REGN-COV2, which is being used to alleviate symptoms and reduce viral load. Shares of Regeneron surged 7% Monday, bringing the stock's year-to-date gain to more than 60%. The stock reached its highs of the day after Trump tweeted that he will be leaving the hospital Monday evening.

Regeneron CEO Dr. Leonard Schleifer and President Trump are acquainted: The CEO has been a member at Trump's golf club in Westchester, New York, and his company also received $450 million in government funding in July as part of the president's Operation Warp Speed plan to quickly develop a vaccine and other treatments for Covid-19.

Meanwhile, Trump also recently owned shares of Regeneron -- as well as Gilead Sciences, maker of the antiviral drug remdesivir that the president is also taking. Both stocks were listed as assets on Trump's 2017 filing with the U.S. Office of Government Ethics.

"Len and President Trump are acquaintances from both living in the Westchester area for many years but didn't have any regular contact until this year, when they've discussed matters around Covid on occasion," Regeneron said in a statement.

According to Forbes, Schleifer is now worth $2.5 billion, up from $2.1 billion in the middle of March. Schleifer primarily donated to Democratic political candidates and PACs in the 2016 and 2018 elections, according to Federal Election Commission records.

Regeneron is one of many biotechs and Big Pharma firms that has skyrocketed on hopes that it may be able to quickly develop an effective coronavirus treatment. The company started human trials for its antibody cocktail in June and began a phase 3 trial just a month later.

It has not yet been approved by the Food and Drug Administration, however. The FDA can approve the administration of it through so-called compassionate use requests on an individual basis. Regeneron confirmed that one of the president's doctors made such a request to Regeneron and the FDA to approve administering the drug to Trump.

[link to www.wlfi.com (secure)]
Anonymous Coward
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10/08/2020 04:54 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
And now a word from Regeneron's spokesman:

Anonymous Coward
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10/08/2020 04:54 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
Another misleading title: his "connection" is just another member of a golf club and is, in fact, a BIG DEMOCRATIC DONOR
Anonymous Coward
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10/08/2020 04:55 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
Another misleading title: his "connection" is just another member of a golf club and is, in fact, a BIG DEMOCRATIC DONOR
 Quoting: Anonymous Coward 77811278


bump
Callen

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10/08/2020 05:01 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
Another misleading title: his "connection" is just another member of a golf club and is, in fact, a BIG DEMOCRATIC DONOR
 Quoting: Anonymous Coward 77811278


hesright



Regeneron's CEO only donates money to Demonrat politicians:

2018 Donations
[link to www.campaignmoney.com (secure)]

2016 Donations
[link to www.campaignmoney.com (secure)]

threadfail
TRUMP 2020

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If you’re backed by Hollywood, social media, the government, and practically the entire globalist system, you are not the resistance -- you're part of the problem
Anonymous Coward
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10/08/2020 05:03 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
And now a word from Regeneron's spokesman:


 Quoting: Anonymous Coward 78738923


He could be selling used cars!

rofl5
Anonymous Coward
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10/08/2020 05:04 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
Trumpstien the big pharma shill funded billions of taxpayer money to Bill Gates.

Big pharma made large campaign contributions to Trump as well.

In layman's terms we call that bribing a politician.
Anonymous Coward
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10/08/2020 05:05 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
And now a word from Regeneron's spokesman:


 Quoting: Anonymous Coward 78738923


He could be selling used cars!

rofl5
 Quoting: Anonymous Coward 78738923


Well he'd be moving up from selling steaks!
Anonymous Coward
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10/08/2020 05:32 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
Some quick background: Trump is friendly with Regeneron CEO Dr. Leonard Schleifer, who's a member of one of Trump's money-laundering operations golf clubs in Westchester, New York. Regeneron also benefitted from $450 million in government funding in July. This was part of Trump's "Operation Warp Speed" plan to whip out a vaccine or miracle cure in time for the election.

Also, Regeneron is not a drug or even the leader of the Decepticons. That's the name of the company. This isn't an overly pedantic point like how Frankenstein is technically the scientist not his creation. This is serious medicine we're talking about.

Regeneron's monoclonal antibody treatment isn't cleared yet for the general public, but Trump's doctors filed a “compassionate use" request. That's normally granted for "immediately life-threatening" illnesses, which are usually more severe than “I wasn't feeling so hot." Now, just three days later, the president is fast-tracking an experimental treatment. We don't even fully know what the side effects are. The drug might've caused permanent brain damage. It's not like we could tell the difference.

Trump continued his descent into madness when he said contracting the coronavirus was "a blessing from God." COVID Moses revealed it was “his suggestion" to take Regeneron, which I repeat is not the name of a drug. If true, this implies his doctors are quacks because doctors don't usually consult fever-ridden patients on their course of treatment. Where was Melania Trump during all of this? She tested positive, as well, but reportedly her symptoms weren't as severe because she's not 74 years old and 90 percent McDonald's byproducts. Let's just say if Melania approved the use of an experimental drug treatment on her husband, I'm not overly enthusiastic about my actual loved ones ever taking it.

After blaming China for his incompetent COVID-19 response, the president kept promising that he's going to get us Regeneron (not an actual drug) “for free" and he'll make sure it's available at a hospital near you.
Anonymous Coward
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10/08/2020 08:32 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
You are vulnerable! Call now 1-800-555-CURE

Anonymous Coward
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10/08/2020 08:35 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
You are vulnerable! Call now 1-800-555-CURE


 Quoting: Anonymous Coward 79470437


This guy is 28 days away from doing reverse mortgage infomercials.
Anonymous Coward
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10/08/2020 08:38 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
You are vulnerable! Call now 1-800-555-CURE


 Quoting: Anonymous Coward 79470437


This guy is 28 days away from doing reverse mortgage infomercials.
 Quoting: Anonymous Coward 79470437


He is four days away from proclaiming himself lord of humanity. It will not be pretty.
Jake

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10/08/2020 08:39 PM
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Re: Donald Trump has ties to drugmaker Regeneron -- and now its stock is surging
you said the same bullshit about Hydroxychloroquine

Turns out his portfolio owned 1 share.

The remnant of Jacob will be among the nations, in the midst of many peoples, like a lion among the beasts of the forest, like a young lion among flocks of sheep, which mauls and mangles as it goes, and no one can rescue.





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