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| Gilead Sciences Inc. | |
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| Basic facts | |
| Location: | Foster City, Calif. |
| Top official: | John F. Milligan, President and CEO |
| Year founded: | 1987 |
| Website: | Official website |
As of 2016, Gilead Sciences Inc. was a global biopharmaceutical company that sought to research, develop, and manufacture medicines "in areas of unmet medical need." Among its product portfolio, Gilead produced antiretroviral therapies to treat HIV/AIDS, including the brands Viread and Truvada. The company was based in Foster City, California.[1][2][3]
Gilead Sciences Inc. was established in 1987 in Foster City, California. Since its formation, Gilead expanded across six continents to become one of the largest biopharmaceutical companies in the world.[1]
Gilead scientists aimed to research, develop, and manufacture medicines "in areas of unmet medical need." As of October 2016, the company produced 23 medications to treat HIV/AIDS, cancer, respiratory diseases, inflammatory conditions, liver diseases, and cardiovascular issues.[1][5][6]
The following table displays Gilead's federal lobbying expenditures according to the Center for Responsive Politics:[7]
| Federal lobbying expenditures for Gilead Sciences Inc., 2010-2015 | ||
|---|---|---|
| Year | Total expenditures | |
| 2015 | $2,940,000 | |
| 2014 | $2,890,000 | |
| 2013 | $2,223,000 | |
| 2012 | $1,590,000 | |
| 2011 | $1,660,000 | |
| 2010 | $1,520,000 | |
As of 2016, Gilead Sciences Inc. aimed to support its public policy priorities through participation in the U.S. political process. According to the company's website, Gilead's priorities "include furthering public health policy and scientific and health innovation."[8]
Gilead made political contributions to federal candidates through Gilead Sciences Inc. Healthcare Policy PAC, it's voluntary, employee-funded political action committee. In addition, the company made direct political contributions within legal guidelines to state and local candidates and political committees. Gilead was also a member of 501(c)(6) professional industry and trade organizations that aim to advocate for the interests of the science and pharmaceutical industries, such as the California Life Sciences Association.[8]
Gilead took positions on ballot measures that sought to impact prescription drug pricing. The company opposed the 2016 California Drug Price Standards Initiative (Proposition 61), which proposed to regulate drug prices by requiring state agencies to pay the same prices for prescription drugs as the U.S. Department of Veterans Affairs (VA).[4]
The following table details Gilead's ballot measure stances available on Ballotpedia:
| Ballot measure support and opposition for Gilead Sciences Inc. | |||
|---|---|---|---|
| Ballot measure | Year | Position | Status |
| California Proposition 61, Drug Price Standards (2016) | 2016 | Opposed[4] | |
| Prescription Drug Purchasing, Proposition D (November 2013) | 2013 | Opposed[9] | |
In October 2016, Gilead Sciences Inc. had the following leadership:[10]
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Categories: [Corporations] [California influencers] [Ballot measure election influencers] [2016 ballot measure election influencers] [State ballot measure election influencers] [Local ballot measure election influencers] [Mothballed influencers]