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Rumsfeld Stands To Profit From Flu Vaccine Sales

HeadlineNov 02, 2005

Meanwhile Fortune magazine is reporting Defense Secretary Donald Rumsfeld stands to reap a financial windfall from the sale of flu vaccines. Rumsfeld is an investor in Gilead Sciences, a California company that owns the patent to Tamiflu, the influenza remedy currently the most-sought after drug in the world. Rumsfeld was Gilead’s chair from 1997 until joining the Bush administration in 2001. His stake in the company is valued at between $5 million and $25 million.

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