Roche donated 5 million courses of Tamiflu to the WHO in 2005. Roche donated another 2 million courses of Tamiflu to the WHO in 2006. GSK donated absolutely no Relenza to the WHO in 2005, 2006, 2007, 2008, and 2009. GSK committed to donate 50 million doses of its pre-pandemic vaccine to the WHO in 2007. Peter Cook presented Biota's balls and $700 million in shareholder value to GSK in 2008 for $20 million.
Honestly, just $20 million,... absolutely no multi-million dollar transfers to secret bank accounts were involved. If the board was full of greedy parasites who would sell out the shareholders for multi-million dollar secret deals would they bother with voting themselves higher salaries or long term performance options? No. They'd follow Skase's example and flee to Spain. So please, no more slander about Peter Cook, John Grant or Barbara Gibson. After so many years of selfless service to Biota John and Barbara deserve villas in Majorca if they want. I just hope the rest of that board can make discrete exits soon too, although Peter Cook will hang around to get his 456,300 LTIOs, voted against by the Shareholders on 29 October 2008, but approved by the Board on 16 December 2008.
BTA Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
