Trump's endorsement sends Regeneron and Eli Lilly stocks rising

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

President Trump wants regulators to approve emergency use of Regeneron's experimental antibody treatment for coronavirus as well as a similar one from Eli Lilly — and both stocks jumped on the news.

New York President Trump said he "felt good immediately" after receiving an experimental antibody treatment for coronavirus from biotech Regeneron. Now, he wants regulators to approve emergency use of Regeneron's drug and a similar one from Eli Lilly -- and both stocks jumped on the news.

Trump made the comments in a taped video from the White House published to his Twitter feed Wednesday. He added that he wants patients in the hospital for Covid-19 to get the Regeneron or Eli Lilly treatments for free,"especially if you're a senior."Shares of Regeneron -- which have soared since Trump first received a high dose of its experimental cocktail REGN-COV2 last week following his coronavirus diagnosis -- were up another 3% in early trading Thursday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dems want you to die from covid to get votes Dems want your small business to close to get votes Dems want riots over race to get votes Dems want mail-in fraud to contest election Dems want 50% higher taxes to rob you

Just lining his pockets but then again the criminal cases he's about to face he's going to need every penny of it.

But...but...stem cells! Abortion! Pro-life!

Insider trading. He’s manipulating stock prices and cashing in.

So let me get this straight. When Trump got Regeneron’s therapy the left were screaming that Trump got special drugs not available to average Americans, BUT when Trump says that he wants EVERY Americans to have what he had, the left cry about Trump bullying regulators?

Well, this should be interesting. From science magazine re: this antibody treatment administered to Trump. “Regeneron did develop that treatment with the help of a long-lived line of cells established from the kidneys of a fetus electively aborted in the Netherlands around 1972.”

Okay, say something bad about. Trump also sayd that everybody who needs it should get it free. Whenever you're a capitalist or a socialist, what is so bad about it?

How much of their stock does he own?

TRUMP MAD LIBS: 1. We’ve never seen anything like I’ve done with ________ 2. I’m the greatest ________ at _________ there has ever been. 3. Nobody in American history has ever done as much _______ as I have. 4.I have the hugest —— that this world has ever seen.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Regeneron requests emergency approval for antibody treatment taken by Trump; stock rises 4% in pre-marketRegeneron requests emergency approval for coronavirus treatment taken by Trump I smell a scam.....this seems like co-ordinated conman scamming I hope it will be free. It’s super expensive and lots of people do not have medical insurance. Would it even be covered? We are in an emergency. If this moves it forward and Trump is willing to be early volunteer, it’s a good thing.
Source: CNBC - 🏆 12. / 72 Read more »