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AHF Advocates to Keep Hammering Gilead CEO over Drug Profiteering

2023-06-16 08:53
SAN FRANCISCO--(BUSINESS WIRE)--Jun 15, 2023--
AHF Advocates to Keep Hammering Gilead CEO over Drug Profiteering

SAN FRANCISCO--(BUSINESS WIRE)--Jun 15, 2023--

On Friday, June 16 th, advocates and mobilizers affiliated with AIDS Healthcare Foundation (AHF) will host a protest targeting HIV and Hepatitis C drug giant Gilead Sciences over the Bay Area company’s drug pricing and policies. The protest will take place in front of Gilead’s headquarters in Foster City, CA. The action is part of a yearlong aggressive advocacy campaign by AHF hammering Gilead and Daniel O’Day, its multimillionaire CEO, over his and the company’s drug profiteering.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230614213003/en/

Advocates and mobilizers affiliated with AIDS Healthcare Foundation (AHF) will host a protest targeting HIV and Hepatitis C drug giant Gilead Sciences and its CEO Daniel O'Day over the Bay Area company’s drug pricing and policies. O'Day was the 4th highest-paid CEO in the healthcare industry in 2022 with total compensation of $21,621,253.

WHAT:

Protest at Gilead Sciences HQ

WHEN:

Friday, June 16 - 12:00 p.m.

WHERE:

Gilead Sciences, Inc. Headquarters

333 Lakeside Dr., Foster City, CA 94404

WHO:

20 health advocates & mobilizers

AHF Onsite Foster City Media Contact: Jesse Brooks, +1.510.575.8245 cell jesse.brooks@ahf.org

According to CEO World Magazine, Daniel O’Day, Chairman and CEO of Gilead Sciences, was the 4 th highest paid CEO in the healthcare industry in 2022 with total compensation of $21,621,253.

Advocates are protesting Gilead’s tone-deaf greed, particularly illegal restrictions the company placed early last year on access to 340B drug pricing for its branded hepatitis C treatments for certain pharmacies. Gilead now is one of more than 15 major drug companies that illegally have placed such restrictions on drugs.

AIDS Healthcare Foundation (AHF), the largest global AIDS organization, currently provides medical care and/or services to over 1.7 million individuals in 45 countries worldwide in the US, Africa, Latin America/Caribbean, the Asia/Pacific Region, and Eastern Europe. To learn more about AHF, please visit our website: www.aidshealth.org, find us on Facebook: www.facebook.com/aidshealth, follow us @aidshealthcare or subscribe to our AHF podcast “AHFter Hours.”

View source version on businesswire.com:https://www.businesswire.com/news/home/20230614213003/en/

CONTACT: Ged Kenslea, AHF Senior Communications Director

323.791.5526

ged.kenslea@ahf.org

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: WOMEN INFECTIOUS DISEASES LGBTQ+ MEN PUBLIC POLICY/GOVERNMENT HEALTHCARE REFORM GENERAL HEALTH PHARMACEUTICAL CONSUMER HEALTH

SOURCE: AIDS Healthcare Foundation

Copyright Business Wire 2023.

PUB: 06/15/2023 08:18 PM/DISC: 06/15/2023 08:16 PM

http://www.businesswire.com/news/home/20230614213003/en