Gilead Sciences
by Joey Sweazey
1. IPO in 1992 = $86m
2. Established in 1987 by Michael Riordion, MD
3. Once chaired by Donald Rumsfeld
3.1. Opened up smaller biotechs in late-90s
3.1.1. Lockheed Martin = Cheney
3.1.2. Connection with politics
4. Disaster Capitalism - N. Klein
4.1. Holding patents for life-saving drugs during catastrophes
4.1.1. Govts will need to depend on these drugs
4.2. Private companies paid by govt to help with clean-up efforts
4.3. Private companies profit from disaster
4.4. no benefits go to the people who suffered the most
5. Political Influence
5.1. Fund campaigns ($$$$)
5.1.1. Influence votes on pharma-related legislature
6. Pharma Company
6.1. Monopolgy
6.1.1. Buying up smaller industries & labs
6.1.2. Increased prices = increased profits
6.2. Anti-viral medications in the 1990s
6.2.1. Truvada
6.2.1.1. 2004-2011=$13.5b revenue
6.2.1.2. HIV preventative treatment