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Stock to watch: Gilead Sciences
Gilead Sciences (GILD) manufactures VIREAD--a very important HIV treatment. Check out the article below for another possibly even more lucrative use for viread. Another interesting piece of info re Gilead--they are the manufacturer of Tamiflu. Tamiflu is quite possibly the only effective current treatment against Bird Flu.
http://news.yahoo.com/s/ap/20060327/.../aids_new_hope Summary: Viread has shown great promise in animal laboratory tests of actually PREVENTING HIV transmission. Disclosure: I don't own any GILD shares. Always thoroughly research your stock picks before making the decision to invest. |
Donald Rumsfeld used to be chairman of that company. it's a good bet that the company will profit from the 'global crisis'.
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He's also still the majority stock owner which gives even more credence to a good buy - however I think that it all depends on whether Roche is ordered to divest and allow other pharms to produce Tamilflu which could happen if there is enough scare factor raised in the next few months - Bush has already recommended to Congress to stockpile a few $bill worth so the stock will see a nice jump here when that order comes through
added - they are not the manufacturer of Tamiflu although they do hold the patent for it so they get residuals from royalties |
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