Donald Rumsfeld Holds $5M To $25M Stake In Tamiflu -- Bird Flu Remedy -- Company...
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 Gilead (Research)'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.
While the Huffington Post encourages user comments on news stories, these comments are the personal opinions of the individuals posting them and do not necessarily reflect the views of the Huffington Post. We do not generate, solicit, or moderate user comments, but reserve the right to remove postings as we see fit.
Loading comments…
