Jump to content
RemedySpot.com

Fw: Ex - BMS Chairman nominated for Swedish Ambassadorship

Rate this topic


Guest guest

Recommended Posts

Guest guest

----- Original Message -----

From: " ilena rose " <ilena@...>

<Recipient List Suppressed:;>

Sent: Wednesday, March 20, 2002 2:34 PM

Subject: Ex - BMS Chairman nominated for Swedish Ambassadorship

> ~~~ The highly funded " Junk Science " PR Crusade is part of the Republican

> Platform ... the term was used very overtly in the last elections. Note

the

> contributions of BMS to the Republicans ... and I'll dig up their presence

> on the Board of the NY Times ... Thanks for sending this, anonymous

sister.

> ~~~

>

>

> http://www.spancoalition.org/News/news4.18.01.htm

>

> Bush Taps Drug Exec for Sweden Post

>

>

> 04/18/2001

> The Star-Ledger

> Cohen

>

> Heimbold Jr., the outgoing chairman of Bristol-Myers Squibb Co.

and

> a major Republican campaign contributor, has been rewarded by President

> Bush with an ambassadorship to Sweden.

>

> Heimbold, 67, is the latest Bush nominee for an overseas State Department

> post without diplomatic experience. If confirmed by the Senate, he will

> replace Clinton administration appointee Lyndon Olson Jr., the former

> president of Travelers Insurance Holdings Inc. and a Democratic campaign

> donor.

>

> Heimbold, since 1993 the head of the nation's third-largest pharmaceutical

> company, is also deputy chairman of the board of the Federal Reserve Bank

> of New York; chairman of the board of Phoenix House, a nonprofit drug

abuse

> treatment facility, and a member of the Council on Foreign Relations. In

> naming the drug company executive Friday, Bush said Heimbold will be a

> " valAAuable asset " in maintaining this country's close ties with Sweden.

>

> During the 2000 elections, Bristol-Myers Squibb's political action

> committee donated $2.3 million to politicians and to the political

parties,

> more than any other drug company. Of that total, $2 million went to

> Republican candidates and Republican Party committees.

>

> Heimbold, a resident of Riverside, Conn., also personally gave substantial

> sums of money to Republican candidates, as well as $100,000 to the

National

> Republican Senatorial Committee, $50,000 to the Republican National

> Committee, and $50,000 to the National Republican Congressional Campaign

> Committee.

>

> A multimillionaire, Heimbold presided over prosperous times at the drug

> company, which has research headquarters in Princeton.

>

> He successfully managed long-running breast-implant litigation and

defended

> the patent rights for the popular Taxol cancer drug that allowed the

> company to maintain high prices for the medicine.

>

> But he will leave the company as it is losing patent protection and

> possibly large profits on several key drugs. His company also has come

> under criticism by consumer advocates for using the courts to prevent

> generic competition and for not providing AIDS medicines to poor countries

> at affordable prices.

>

> The company, which suffered a public relations pounding over the AIDS drug

> issue, recently lowered the prices of its medicines overseas. But the Gray

> Panthers, an advocacy group for the elderly, has continued to single out

> Bristol-Myers and Heimbold for profiteering at the expense of public

> health.

>

>

>

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...