Why Is Trump Promoting Hydroxychloroquine? Follow The Money!
As Americans and officials scramble to understand the novel coronavirus, President Trump has been promoting the use of hydroxychloroquine as a possible treatment. Recently, the New York Times reported that a few shareholders, senior executives and the President himself have “a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine.”
Hydroxychloroquine, an anti-malaria medicine, was recently approved the “emergency order” of the drug and has asked doctors to use it at their discretion.
The Washington Post investigated to see just how deep these investments go. It turns out, Trump’s state in Sanofi is “between about $100 and $1,500 in total.”
So the investment is minuscule in comparison to Trump’s alleged net worth. So why does President Trump spend so much time hyping up the drug?
One doctor told The Times, the President may want to project a semblance of hope.
“He’s the president of the United States,” said Dr. Joshua Rosenberg at Brooklyn Hospital Center. “He has to project hope. And when you are in a situation without hope, things go very badly. So I’m not faulting him for pushing it even if there isn’t a lot of science behind it, because it is, at this point, the best, most available option for use.”
Meanwhile, a physician at St. Barnabas Hospital in the Bronx, warned that “false hope can be bad, too.”
We set Trump up with telehealth so he could ask medical professionals about hydroxychloroquine. pic.twitter.com/QRacQh2LGy
— The Recount (@therecount) April 7, 2020
Even the French organization that once promoted the drug in an article was forced to retract its findings. In the statement, they said the drug did not meet the “expected standard.” Adding that while it’s essential that “the scientific community by publishing new data fast,” the information shared “cannot be at the cost of reducing scientific scrutiny and best practices.”
French researchers treated 26 patients with hydroxychloroquine:
– 1 died
– 2 went to the ICU
– 2 quit the study
– 20 recovered
And yet, the study has been reported as showing a “100% cure rate”.
I dug into the science & hype surrounding the drug.https://t.co/4S8l5frO5N
— Julia Carrie Wong (@juliacarriew) April 7, 2020
So the science cannot back the use of hydroxychloroquine to treat COVID-19. Why is the President putting all his eggs in this basket?
Some predict financial gain from other stakeholders tied to the Trump family, while others believe he wants political gain. If the drug does work, he gets to say he was right. If the drug does not cure the virus, he will ask us to forget it and remind us that he once said, “it may work, and it may not work. But if it doesn’t work, it’s nothing lost by doing it. Nothing.”