Provider of Trump Covid drug is presidents golf friend

[uk666]

Provider of Trump Covid drug is president's golf friend

New questions have emerged over the circumstances in which Donald Trump was given an experimental antibody drug cocktail produced by a golfing acquaintance to treat his coronavirus infection.

As Trump wrongly hailed his treatment – which included a drug called REGN-COV2 produced by Regeneron – as a “cure”, it emerged that the company’s chief executive, Leonard Schleifer, is a member of the Trump National golf club in Briarcliff Manor, New York, and had met the president in May to talk about drugs his company was developing.

While some ethicists have defended Trump’s privileged access as president to experimental treatments, others have suggested it raises questions of fairness among other concerns, including his history of touting unproven treatments.

Trump’s relationship with Schleifer, whom he reportedly calls “Lenny”, adds to growing questions over the president’s almost exclusive access to experimental treatments unavailable to most other Americans, even as he has continued to downplay the threat of coronavirus based on his own experience.

The price of Regeneron stocks – which Trump has owned in the past – soared after it was revealed the drug had been made available for his treatment and Trump stated it would be made freely available for all, although he didn’t explain how.

Regeneron board member and executive, sold a total of 10,200 shares for a net profit of over $1 million

A Regeneron executive and one of its directors sold stocks for a profit of over $1 million, two days after President Donald Trump announced he was taking their therapeutic.

Last Friday night, the White House announced that as part of Trump's treatment for coronavirus, he had received Regeneron’s experimental antibody cocktail that has not passed formal trials or been approved by the Food and Drug Administration.

One day later, the president appeared in a video posted to his Twitter account about his treatment at Walter Reed National Military Medical Center.

“They gave me Regeneron,” he said, saying the company name instead of the treatment’s name, REGN-COV2. “It was like, unbelievable. I felt good immediately. I felt as good three days ago as I do now.”

At another point in the video he said that the therapeutics he was given were “miracles...we have things happening that look like they’re miracles coming down from God.”

"I think this was a blessing from God that I caught [the virus], I think it was a blessing in disguise," Trump said in the video. "I caught it, I heard about this drug, I said, 'Let me take it' … and it was incredible the way it worked."

“I call that a cure,” he said. “It’s a cure.”

After the video posted, Regeneron’s stock jumped over 3 percent in after-hours trading.

On Monday, when markets opened, Regeneron stock prices surged from $564 to over $600 a share.

That day, Joseph Goldstein, who sits on the company’s board of directors, and SVP and Head of Commercial Marion McCourt exercised stock options that let them sell a total of 10,200 shares for a net profit of over $1 million. (About $740,000 for Goldstein and $260,000 for McCourt.)

The New York Times reported that - Trump’s financial documents reveal the president’s three family trusts held investments in Regeneron as well as pharmaceutical giant Sanofi, which itself is a major shareholder in Regeneron

[bluescope]

Now, if they could just come up with a drug cocktail that cured, liars, braggarts, cheats, serial sexual offenders and thieves, the president might be just a bad man instead of an evil one.

Maz (bluescope)

I am woman, <-- is there an app for that?