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Tamiflu Scandal: Gilead Sciences' Donald Rumsfeld Connection
Tamiflu is being touted as the best way to combat the H1N1 Swine Flu virus which has communities around the world in a pandemic panic, but is there a hidden agenda behind the push? Tamiflu is only one of two readily available anti-viral medications, yet Relenza isn't getting the same cure-it attention.
Could the fact that former Defense Secretary Donald Rumsfeld has substantial interest in Gilead Sciences, the company that exclusively produces Tamiflu, be part of the reason that Relenza is taking a back seat in the H1N1 Swine Flu treatment plan?
The suggestion of a US government/Tamiflu conflict of interest is not new. It first surfaced in 2005 when then President George W. Bush pushed for and won $7.1 billion in emergency funding to prepare for an influenza pandemic that was not even yet on the horizon.
George W. Bush pushed for the emergency funding to develop a strategy against a Bird Flu type pandemic in the US, more than 14% of which went to one company, Gilead Sciences, producer of Tamiflu. Not so scandalous in and of itself until you learn that prior to becoming Defense Secretary Donald Rumsleld was Chairman of the Board of Gilead Sciences, a post he held from 1997 to 2001.
Prominent among the President’s (then George Bush) list of emergency measures was a call for Congress to appropriate another $1 billion explicitly for Tamiflu.
Conflict of interest or insider trading?
The saga of Tamiflu is just the tip of a big iceberg. As we noted in an earlier article, the real point of interest is the company in California who developed Tamiflu, Gilead Sciences, listed on the NASDAQ as (GILD). As we also noted, US Secretary of Defense, Donald H. Rumsfeld, was Chairman of the Board of Gilead Sciences from 1997 until early 2001 when he became Defense Secretary. Rumsfeld had been on the board of Gilead since 1988, some thirteen years.
Is U.S. Secretary of Defense Donald Rumsfeld personally profiting from fears that a worldwide bird flu pandemic may occur? Yes. Rumsfeld once served as chairman of Gilead Sciences, Inc., the company that holds the patent on the antiviral drug Tamiflu, currently regarded as the world's best hope for the prevention and treatment of avian influenza. He still owns Gilead stock valued at between $5 million and $25 million.
The Rumsfeld connection to Tamiflu and its parent company Gilead Sciences is an eyebrow raiser which has caused bloggers to raise suspicious alarm bells. But the push to use Tamiflu over Relenza begs the question, why is the Obama administration pushing that one drug over an alternative? It can't possibly have an interest in padding the pockets of George W. Bush loyalists.
The reasons for the Tamiflu push may have been established long before Obama was calling the shots. As part of George W. Bush's 381-page Pandemic Influenza Strategic Plan the US amassed a stockpile of anti-viral medications to combat a future H1N1 pandemic. Starting in 2006 the Strategic National Stockpile (SNS) collected Tamiflu and Relenza at a ratio of 80% Tamiflu, 20% Relenza. Total bill to the US taxpayer, $731 million (in 2006 dollars).
Q: What is the target ratio for SNS antivirals (Tamiflu/Relenza)?
A: SNS is currently purchasing antivirals in a ratio of 80% Tamiflu to 20% Relenza. The SNS also includes smaller quantities of rimantadine. Each State should purchase antivirals in a ratio that best fulfills their needs. HHS will be providing additional guidance to States to assist them in making this decision.Q: What is the federal funding breakdown?
A: Congress appropriated $3.8 billion to help prepare the nation for a pandemic influenza event. Of this money, $3.3 billion was allocated to HHS for:
• $ 1.8 B – Vaccine production and development
• $731 M –Antiviral procurement (includes procurements and research)
• $162 M –Procurement of other medical supplies
• $350 M –State and local readiness
• $161 M –Domestic preparedness
• $ 94 M - International Activities
• $ 38 M – Communications(Please note: this highlight link will take you to a PDF file)
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Most RecentMost Recommended Comments (8)
at 15:10 on May 1st, 2009
always the money! stocks up...scandals up...
at 18:13 on May 1st, 2009
Well, we need to look at the evidence as to whether Tamiflu works or not.
What really gets short-shrift is vitamin C, which will help you fight the infection and help prevent a secondary infection, usually bacterial, from piggy-backing on the viral infection, when the C levels are so low in your system from fighting the virus.
C is used by the immune system to produce one of the free radicals that gets aimed at intruders. When C gets low, the immune system ceases to produce that weapon against infection.
Source: madsci.org
at 23:48 on May 1st, 2009
As I'm in a bit of a rush I'll just link to these ,obviously not totally reliable but does make interesting reading
http://www.snopes.com/politics/medical/tamiflu.asp
http://www.godlikeproductions.com/forum1/message778100/pg1
at 23:52 on May 1st, 2009
Oh yeh and Gilead is also where Margaret Attwood's The Handmaids Tale is set.....
at 11:55 on May 2nd, 2009
Isn't D.Rumsfeld the one who saved the humanity from Saddam Husseins WMD?. The one who wanted to export democracy to Irak and Afghanistan?
Isn't he the one who was sitting in Gilead board (with goldman sachs and morgan stanley) when the bird flu 1st come out and saved the human race with Tamiflu ?
Isn't he the one who took the 1st man on the moon under Nixon presidency? ...
Only two solutions here: either he is doing a lot for humanity and he's the saviour of the human race. Either is the gretest con man ever....
at 13:45 on July 22nd, 2009
So is Swine Flu a leaked biological weapom developed by Donald Rumsfeld - with the antidote of course.
at 04:59 on July 28th, 2009
Somebody told me that one of the side effects of the tamiflu is the esquizofrenia, It is true?