Coronavirus tsar to divest his $10 million in stocks from Moderna - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Trump's newly appointed coronavirus czar Moncef Slaoui will divest his $10 million in stocks from the pharma company Moderna, after initially claiming there was no conflict of interest

Dr. Moncef Slaoui speaks at a White House press conference on May 15, 2020, announcing a program to rapidly develop a coronavirus vaccine.Dr. Moncef Slaoui, the former Moderna board member who was tapped last week to lead "Operation Warp Speed," the White House effort to find a COVID-19 vaccine, will divest in his stock options from Moderna, the company said.

"Consistent with this appointment, we can also confirm that Dr. Slaoui is divesting all of his equity interest in Moderna so that there is no conflict of interest," the company said in a statement. Dr. Moncef Slaoui, an ex-Moderna board chair who was last week tapped to lead the White House effort to develop a COVID-19 vaccine, will divest his, representatives from Moderna said Monday afternoon.

The company added: "We wish Dr. Slaoui well in this new role, and we know he has a lot to contribute as our nation — and the world— address the COVID-19 pandemic."

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:

 /  🏆 729. in CA
 

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

oh sure...NOW he divests.

Is this a joke?

He waited until after Moderna reported initial vaccine success, driving the stock price up by 26% or more, to announce divestment. He's a crook. He should give profits to a COVID charity.

thisisinsider divest into umbrella corporations owned by him.

Canada Canada Latest News, Canada Canada Headlines

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

Moderna coronavirus vaccine releases first human trial results - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It will be the first product they ever got to market. Nothing out of trials. Nothing FDA approved. Nothing sold yet. Just saying we are getting excited about a company that has never made a pharma product for public use. My body my choice I won't take no shot ahmad_shahzwan habisla degree first sem kena face to face... Aku nak online 😭
Source: BusinessInsider - 🏆 729. / 51 Read more »