Home » Archives » October 2005 » Who Owns the Rights on Tamiflu: Rumsfeld To Profit From Bird Flu Hoax
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10/27/2005:
"Who Owns the Rights on Tamiflu: Rumsfeld To Profit From Bird Flu Hoax"
The fundamnetal issue is who owns the intellectual property rights over Tamiflu. The media reports suggest that the Swiss pharmaceutical company Roche will make billions.While the drug is produced by Roche, it was developed by Gilead Sciences Inc.which owns the intellectual property rights. Gilead, which has maintained a low profile, has outsourced the production to Roche.
Donald Rumsfeld was appointed Chairman of Gilead Sciences, Inc. in 1997, a position which he held in the years prior to becoming Secretary of Defense.in the Bush adminstration. Rumsfeld had been on the Board of Directors from the establishment of Gilead in 1987.
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