Trump's New COVID-19 Czar Holds $10 Million In Stock Options In Vaccine Company

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Sen. Elizabeth Warren slams 'huge conflict of interest,' and demands Moncef Slaoui 'divest immediately.'

, worth more than $10 million as of Friday, reported Business Insider.

Slaoui’s economic interest in the company could influence government support for Moderna over other companies that may be more successful in their hunt for a vaccine.Slaoui was named “chief scientist” this week for President’s “Operation Warp Speed,” which aims to develop a COVID-19 vaccine as quickly as possible. Before taking the spot on Moderna’s board, Slaoui worked for years at GlaxoSmithKline, eventually becoming head of research and development. He left in 2017.

When he was introduced earlier this week by Trump in a Rose Garden press briefing, Slaoui said the president’s aim to have a vaccine by the end of the year was “credible,” though it would be “extremely challenging.” Slaoui said he was “more confident” after seeing “early data from a clinical trial.” He did not name which company was conducting the trial. But health publication Stat News reported that it was

 

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