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Biotech / Medical : Immunomedics (IMMU) - moderated

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rodneyh07
To: stockdoc77 who wrote (63061)4/11/2025 10:13:47 PM
From: ghettogoulash1 Recommendation  Read Replies (1) of 63287
 
I suppose it's reassuring that Patrick Soon-Shiong of IBRX, whose supreme ambition is the world's first cancer vaccine (currently in mid-stage development), seems to be fully supportive of RFK. From Chatgpt:

Yes, Dr. Patrick Soon-Shiong, the billionaire owner of the Los Angeles Times, has publicly expressed support for Robert F. Kennedy Jr. In a post on X (formerly Twitter), Soon-Shiong stated, "I truly believe he has the American public's best interests at heart". He also described Kennedy as "our best chance" for achieving real reform in healthcare.

Soon-Shiong's endorsement of Kennedy has sparked controversy, particularly regarding editorial decisions at the Los Angeles Times. An op-ed by Dr. Eric Reinhart, originally critical of Kennedy's nomination as Health and Human Services Secretary, was published with a headline and edits that appeared to support Kennedy, leading Reinhart to accuse the paper of distorting his message.

Critics have suggested that Soon-Shiong's support for Kennedy may be influenced by his business interests. His biotech company, ImmunityBio, has multiple drug applications pending with the FDA, and having an ally like Kennedy in a key health policymaking position could be advantageous.

Overall, Soon-Shiong's public statements and actions indicate a clear endorsement of Robert F. Kennedy Jr., both personally and through his influence at the Los Angeles Times.
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