Guest guest Posted March 21, 2002 Report Share Posted March 21, 2002 ----- 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. > > > Quote Link to comment Share on other sites More sharing options...
Recommended Posts
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.