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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOperation Warp Speed advisers held investments in COVID vaccine firms, records show
Several top officials leading the administrations effort to develop a coronavirus vaccine at record speed had financial ties to the pharmaceutical companies now competing to develop the much-needed drug, according to disclosures released Tuesday.
The Department of Health and Human Services financial disclosures, which were released by the House Select Subcommittee on the Coronavirus Crisis, show that several Operation Warp Speed advisers who were selected by President Donald Trump either held board positions with firms that are currently engaged in coronavirus work, or held securities in firms now contracted to produce vaccines.
The documents have heightened concerns that these advisors may have significant undisclosed financial conflicts of interest that, contrary to the Administrations public statements, have not been adequately addressed, said Rep. James Clyburn, D-S.C., chairman of the subcommittee.
In a filing dated May 16 that the committee released Tuesday, Operation Warp Speed chief advisor and former head of GlaxoSmithKline vaccine development, Dr. Moncef Slaoui, reported to HHS that he held securities in GlaxoSmithKline and Moderna, Inc., which have contracts with the U.S. government for coronavirus vaccine work, and in the Lonza Group, which was contracted by Moderna to manufacture its vaccine candidate.
https://www.yahoo.com/news/operation-warp-speed-advisers-held-212744756.html
Hey what's the point in being in government if you can't make money on the side?
TheBlackAdder
(28,076 posts).
Only a few get nailed by it, but I'm sure there will be better scrutiny ion 2021 under a Biden administration.
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OnDoutside
(19,908 posts)BlueWavePsych
(2,634 posts)Worse, the FDA is corrupted.
not fooled
(5,791 posts)will be x1000 if red don gets back in for another four years.