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Sat Oct 17, 2020, 08:42 PM

ABC: Vaccine company Vaxart faces federal investigation for allegedly exaggerating role in Operation

https://abcnews.go.com/amp/Health/vaccine-company-vaxart-faces-federal-investigation-allegedly-exaggerating/story?id=73657030

Vaxart, a small California biotechnology working on a COVID-19 vaccine, is now being investigated by the government and sued by investors for allegedly exaggerating its role in the Trump administration's Operation Warp Speed, a multibillion dollar program to accelerate COVID-19 vaccine and treatment research.

The biotech's experimental vaccine candidate is unique because it is an oral tablet, as opposed to administered by an injection, like many of the others in development. Operation Warp Speed has granted billions of dollars to more than a half-dozen pharmaceutical companies based on the promise of their vaccine technology.

But in June of this year, Vaxart claimed it was "one of the few companies selected by Operation Warp Speed, and that ours is the only oral vaccine being evaluated.

The announcement sent its stock price skyrocketing to $17 from less than $3 a share prior to the news release. Within days, a hedge fund that partly controlled the company, Armistice Capital LLC, sold shares, reaping a $200 million profit on alleged insider trades.

Much more at link.

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Reply ABC: Vaccine company Vaxart faces federal investigation for allegedly exaggerating role in Operation (Original post)
SheltieLover Oct 17 OP
Eliot Rosewater Oct 17 #1
SheltieLover Oct 17 #2
Rebl2 Oct 17 #3
SheltieLover Oct 17 #4

Response to SheltieLover (Original post)

Sat Oct 17, 2020, 08:44 PM

1. Traitor probably was brought in to invest on it.

If any democrat did one one thousandth of what traitor has done, not exaggerating, said Democrat would not be safe on Mars.

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Response to Eliot Rosewater (Reply #1)

Sat Oct 17, 2020, 08:48 PM

2. Quite likely!

Market manipulation again!

Absutely! Remember the serious crisis of Obama's tan suit?

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Response to SheltieLover (Original post)

Sat Oct 17, 2020, 09:08 PM

3. Can't say


I have heard of any vaccine given by a pill. Always an injection.

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Response to Rebl2 (Reply #3)

Sat Oct 17, 2020, 09:09 PM

4. Me either

Injection or nasal

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