BFD!
Trump has a small stake in basically every big company you can think of. Another point worth making is how little the malaria drug means to Sanofi’s bottom line. In 2019, what the company calls Plaquenil wasn’t even broken out by name in the company’s financial accounts, while 33 other medications were.
That is hardly surprising as the drug has been around since the 1950s and is available generically.
A host of other companies are making the medication, including Amneal Pharmaceuticals AMRX, -3.47%, Mylan US:MYL and Teva Pharmaceutical TEVA, -1.74%.