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Trump’s pick for HHS Secretary, acted as medical stocks, while in Congress

17. March 2015: Rep. Tom Price, R-Ga. the house budget announces during a press conference on Capitol Hill in Washington.

(Reuters/Joshua Roberts)

President-elect Donald Trump’s pick to run the health and Human Services Department traded more than 300,000 $in stocks of health-related companies in the past four years, while the sponsorship and support of legislation that potentially impact on this company’s shares.

Rep. Tom Price, R-Ga., bought and sold stock in over 40 health-care, pharmaceutical and biomedical companies since 2012, including a dozen in the current congressional session, according to a Wall Street Journal review of hundreds of pages of the stock-trade, he at the Congress.

In the same two-year period, he has sponsored and co-sponsored by 35 health-related bills in the house.

Its shares trade include Amgen, Bristol-Meyers Squibb, Eli Lilly, Pfizer and Aetna.

His largest single stock purchase was a August 2016 purchase of between $50,000 and $100,000 from an Australian biomedical company, Innate immune therapeutics, whose largest shareholder is a GOP Congresswoman on the trump-transition team, according to the applications, the list of price classes. The stock has since doubled in price.

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