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there are dozens of drug companies that make

Posted on: May 21, 2020 at 18:36:02 CT
CulturedDan MU
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hydroxychloroquine, which is a generic medication which costs a few bucks a bottle. It is one of hundreds of generic medications in its portfolio.

So which generic drug company did cheeto pump up? Did he specify a generic manufacturer?


Here's the drug company in question, sanofi. They make these medications:
https://www.sanofi.us/en/products-and-resources/prescription-products
Why aren't they promoting hydroxychloroquine? How many units do they actively manufacture? What's the annual sales?

Included in there are many which generate billions in sales. There's even brand name medications (Kevzara) in their portfolio which cost thousands of dollars that are being investigated to treat covid. Why isn't cheeto touting that drug? Increased sales of that, since it's under patent protection, would substantially raise the stock price of sanofi. If it goes high enough, maybe the <1% stake that mutual fund holds in sanofi might show some dividends for him.
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