UK’s chief scientist Vallance holds £600,000 of shares in COVID vaccine developer.

UK’s chief scientific adviser has £600,000 of shares in vaccine maker contracted by govt – reports
GlaxoSmithKline (GSK) drug manufacturer headquarters in Brentford, London, the UK, May 4, 2020. ©  Reuters / Matthew Childs via RT

No Conflict Of Interest Says Government

UK government Chief Scientist Sir Patrick Vallance (one of the bozos that flank BoJo as he reads the latest scare stories and fake statistcs,) has been revealed to hold tens of thousands of shares in one of the Big Pharma corporations involved in the race to develop a vaccine to immunise against Covid-19 vaccine. Yet a spokesman for Boris Johnson’s government, A government spokesman after confirming that Vallance holds a deferred share bonus that would mature in April 2021 without revealing its exact value. said there is no conflict of interest.

Public records held by The Stock Exchange show Vallance, chair the government’s expert advisory panel on vaccines, appears to be the resitered owner of over 40,000 shares in multinational Pharma corporation GlaxoSmithKline (GSK). As current value per share his holding is worth in the region of £600,000, The Daily Telegraph reported.

The shareholding was accrued through bonuses paid in share options which were part of the reward package for his previous job as the head of research and development at the very same company. Over his tenure from 2012 to 2018, Vallance accumulated a total of 404,201 GSK shares worth a whopping £6.1 million in his hands, according to sources in the financial sector.

However, he sold more than £5 million worth of shares after being appointed as chief scientific adviser to the government. GSK, meanwhile, is one of the front runners in the global race to produce a vaccine that does not kill more people than the virus. Should the company win that race, the value of GSK shares will increase exponentially.

The pharma giant, in partnership with drug manufacturer Sanofi has already struck deals with the UK and the US governments to supply them with a Covid-19 vaccine should their offtering prove fit-for-purpose. The contract would see GSK providing as many as 60 million doses to the UK and 100 million doses to the US. Washington already reportedly paid the two companies £1.65 million to accelerate their efforts.

Since it received the government contracts, GSK’s share price rose by some two percent. Vallance has meanwhile been busy ensuring that the UK would get enough vaccine doses if GSK is d contributing to the vaccine development efforts.

So next time you dismiss some blog or alt_news website questioning the official narrative on the existential threat to civilisation posed by this relatively mild and not very contagous illness as a carazy conspiracy theory, just remember that since March this year one of the leading figures in turning the fear-and-panic amplifier up to eleven stands to gain a few million pounds if GSK’s is one of the vaccines mandated by governments around the world.

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the daily stirrer

Greenteeth and Daily Stirrer posts on Coronavirus. Is it a real, existential threat to humanity, is it an exercise in generating fear and panic in response to the nationalist pushback against globalism, or is it a deep state power grab. We don’t know, but we will report and examine aspects of the story mainstream media will not inform you of.

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