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Born at the Crest of the Empire

Tuesday, November 01, 2005

Rumsfeld is profiting from Tamiflu sales!!!!!

Crimnos has a great article find over at his site The Junkheap of History.

Rumsfeld just happens to hold a whole bunch of stock in Gilead Sciences, the company who holds the rights to Tamiflu. And, I assume, that he is reponsible for the decision as to how much Tamiflu to purchase to ensure "military preparedness" in Bush's new bird flu pan.

I cry foul. I cry conflict of interest.

NEW YORK (Fortune) - The prospect of a bird flu outbreak may be panicking people around the globe, but it's proving to be very good news for Defense Secretary Donald Rumsfeld and other politically connected investors in Gilead Sciences, the California biotech company that owns the rights to Tamiflu, the influenza remedy that's now the most-sought after drug in the world.

Rumsfeld served as GileadResearch)'s chairman from 1997 until he joined the Bush administration in 2001, and he still holds a Gilead stake valued at between $5 million and $25 million, according to federal financial disclosures filed by Rumsfeld.

1 Comments:

  • My name is Maura Logan and i would like to show you my personal experience with Tamiflu.

    I am 63 years old. Have been on Tamiflu for 5 days now. Formerly had no negative feelings about "Big Pharmaceutical" but this medication has changed my mind. Definitely needed more extensive testing by the FDA.

    I have experienced some of these side effects-
    Horrible itching started after 8 pills (fourth day) and has lasted for six more days--and counting. Also suffering insomnia, and mood swings--crying and sour temper. Dr. wasn't even sure I had the flu (headache, severe body ache, exhaustion but no cold symptoms). Med seemed to help, but the after-effects are totally miserable. Hugely expensive med and not worth the risk. Absolutely HATE, HATE, HATE this medication!

    I hope this information will be useful to others,
    Maura Logan

    By Anonymous Anonymous, at 2:11 AM  

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