HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Trump's Testimonial Is a ...

Sat Oct 10, 2020, 05:31 PM

Trump's Testimonial Is a Double-Edged Sword for Regeneron

When President Trump promoted an experimental drug as a “cure” for Covid-19 in a video on Wednesday, it might have seemed that he was at it again: touting a questionable fix for a deadly pandemic, not unlike his earlier enthusiasm for the malaria drug hydroxychloroquine or even, at one point, disinfectant.

But the treatment that Mr. Trump extolled, which was administered last week after doctors diagnosed Covid-19, is not a fringe product. It’s a promising drug in the final stages of testing developed by a respected biotech company, Regeneron. Infectious disease experts have been closely following the treatment, as well as a similar product from Eli Lilly, in the hopes that the therapies could be a real advance in the fight against Covid-19.

Pharmaceutical companies often pay handsomely for celebrity endorsements, but this patient testimonial was like no other. It came from a polarizing president who, just weeks away from an election, and having found himself and his White House at the center of an outbreak, is eager to show that his administration is doing something about a pandemic that has killed more than 212,000 Americans.

-snip-

“I don’t see how it is going to end up being good for a pharma company,” said Ronny Gal, a pharmaceutical analyst for the Wall Street firm Bernstein. “Once you become a political opinion, that’s not great.”

https://www.msn.com/en-us/money/companies/trumps-testimonial-is-a-double-edged-sword-for-regeneron/ar-BB19SBh7?li=BBnb7Kz

Everything Trump touches dies.

3 replies, 461 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 3 replies Author Time Post
Reply Trump's Testimonial Is a Double-Edged Sword for Regeneron (Original post)
Yo_Mama_Been_Loggin Oct 10 OP
secondwind Oct 10 #1
Karadeniz Oct 10 #2
Gothmog Oct 10 #3

Response to Yo_Mama_Been_Loggin (Original post)

Sat Oct 10, 2020, 05:33 PM

1. He owns stock in Regeneron.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Yo_Mama_Been_Loggin (Original post)

Sat Oct 10, 2020, 05:38 PM

2. Pretty sure the SEC doesn't approve of these antics...like when he said that camera company would

Be making vaccines and their stock blew through the roof. He tried doing this sort of thing back when in NYC.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Yo_Mama_Been_Loggin (Original post)

Sat Oct 10, 2020, 05:43 PM

3. From the Lincoln Project

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread