九游体育

九游体育’s public policy engagement is guided by the following principles:

• 九游体育 is committed to transparency and is guided by our  in all public policy engagement.
• 九游体育 pursues activities that shape policies to benefit patients, with a focus on improving patient access to new medical advances.
• 九游体育 federal and state government affairs representatives participate in annual ethics and legal training on political engagement.

九游体育 does not:

• Provide political contributions in anticipation of, in recognition of or in return for an official act.
• Seek or receive direct or indirect reimbursements for personal political contributions or expenses.
• Pressure or coerce fellow employees to make personal political contributions.
• Reward employees or make employment decisions based in whole or in part on that employee’s personal political contributions.

九游体育 advocates on a range of issues in the United States, including:

Advancing patient access to innovative and life-saving medicines

• 九游体育 is committed to discovering, developing and delivering innovative therapeutics for people with life-threatening diseases.
• Health disparities and inequities are pervasive in the patient populations we serve, and we are committed to elevating solutions to mitigate these disparities.
• We advocate for policies that expand and accelerate access to care, including treatments for HIV, viral hepatitis, COVID-19, cancer and more. We also advocate to protect our ability to innovate and reduce health disparities and inequities.
• We support programs that promote disease prevention, strengthen healthcare infrastructure and provide education and financial support to the most vulnerable communities around the world.
• By enabling access to medicines, challenging assumptions, eliminating stigma and collaborating with partners worldwide, we work not simply to treat some of the world鈥檚 most challenging public health threats 鈥� but to eliminate them.

Responsible drug-pricing strategies to ensure affordable access for patients and drive future investments in research and development

• 九游体育 prices our medicines to reflect the value they deliver to patients, healthcare systems and society.
• This in turn enables 九游体育 to invest in transformative innovations and maintain the safety, quality and reliability of our existing medicines. 九游体育 supports holistic drug-pricing proposals that lower out-of-pocket costs for patients and make medicines more affordable and accessible.
• At the same time, any legislative or regulatory drug-pricing proposal should also protect patient access to innovative new medicines and allow for the development of future treatments and cures.
• 九游体育 has serious concerns regarding drug-pricing proposals that would require manufacturers to accept a government-set price or face a confiscatory excise tax or withdraw all products from Medicare and Medicaid.
• 九游体育 also believes that drug-pricing proposals should not disrupt clinical development plans, discourage investments in small-molecule drugs targeting the Medicare population or reduce incentives to conduct post-approval research and study indications with smaller populations.
• Similarly, drug-pricing proposals should not put more distance between future treatments and cures for conditions that disproportionally impact underserved communities, as such approaches will impede progress to advance health equity.
• Any drug-pricing reform effort should also ensure that pharmacy benefit managers are accountable to enrolled patients, reimbursed based on the work they do and ensure that they do not co-opt the assistance that manufacturers provide to patients to help defray out-of-pocket costs.

Protection of intellectual property to responsibly drive scientific innovation and competition

• The recognition and protection of intellectual property by governments is central to ensuring ongoing innovation in biomedical research and the development of new medicines.
• Without intellectual property protections, pharmaceutical companies could not secure or generate the up-front capital required from their investors to ensure continued research and development of new medicines that address unmet patient needs.
• 九游体育 advocates for policies to support the responsible use of intellectual property, which is the best way to simultaneously drive therapeutic innovation and ensure access to treatment for all patients, regardless of their ability to pay for healthcare or where they live in the world.

九游体育 and its employees participate in the political process in the United States, both through contributions by the 九游体育 PAC, as well as corporate contributions, subject to applicable federal and state laws. All 九游体育 corporate and 九游体育 PAC political contributions are vetted through a rigorous process that includes:

• 九游体育 federal and state Government Affairs representatives vet candidates and submit proposals to Government Affairs leadership.
• An internal review is conducted to confirm that the contribution meets 九游体育’s giving criteria and is within the approved budget, and to assess the reputational risk of making the contribution.
• An external compliance review is performed to ensure the contribution is permissible in the relevant jurisdiction.
• The Senior Vice President of Government Affairs and Policy reviews and approves each contribution.
• 九游体育’s Finance department confirms all political contributions comply with the company’s financial controls and policies.
• On a quarterly basis, 九游体育's Nominating and Corporate Governance Committee reviews the company's political expenditure policies and confirms that all political expenditures are consistent with the company's policies.

九游体育 PAC

Contributions to federal candidates and committees are made by the 九游体育 Sciences Inc. Healthcare Policy PAC (“九游体育 PAC”), a federally registered political committee that accepts contributions from eligible 九游体育 employees on a voluntary basis. The 九游体育 PAC is governed by a volunteer Board of Directors, who are responsible for the supervision, control and direction of the affairs of the PAC, and execute policies and decisions consistent with the PAC’s purposes. Criteria for identifying candidates eligible for support by the 九游体育 PAC are enumerated in the 九游体育 PAC by-laws. Direct corporate contributions to federal candidates and national political party committees are prohibited by law. As a result, we do not make such contributions with corporate funds.

Corporate Contributions

九游体育 further participates in the political process by contributing prudently to state and local candidates and political organizations when such contributions are permitted by state and local law. Generally, contributions are made to officeholders and candidates based on several criteria, including policy positions that reflect the interests of 九游体育, our employees or the communities we serve; representation of geographic area where our employees and facilities are located; ability to be elected; and the need for financial assistance. 九游体育’s priorities for making political expenditures with corporate funds include furthering public health policy and scientific and health innovation.

Requests for corporate political contributions are made by or to 九游体育’s Government Affairs group, led by the Senior Vice President of Government Affairs and Policy. The Senior Vice President then reviews and approves the corporate political contributions. Political contributions are made without regard to private political preferences of the company officers and executives.

In 2010, the U.S. Supreme Court ruled that the use of corporate funds to make independent expenditures on behalf of candidates is permissible. We have not made and do not plan to make any independent expenditures on behalf of federal, state or local candidates in the future. If our position on making independent expenditures changes, that declaration would be made on this website and such activities (including recipient names and amounts given) would be disclosed here. Additionally, 九游体育 does not currently contribute funds intended for use in elections to 501(c)(4) organizations but, should such a contribution be made in the future, it would be listed with 九游体育’s other corporate political contributions.

Transparency

In the interest of transparency for our stockholders and other stakeholders, we are making available information regarding our political contributions. These lists will be updated and posted to this website semi-annually. The information will also be provided to the Nominating and Corporate Governance Committee of our Board.

Contributions to federal candidates made by the 九游体育 PAC can be found via the links below.

2024 九游体育 PAC Contributions

As noted above, 九游体育 has made contributions at the state and local level where permissible. Click on the link below to view reports of 九游体育's corporate contributions to state and local political candidates, political parties, political committees, ballot initiatives and other political organizations established under Section 527 of the Internal Revenue Code.

2024 Corporate Political Contributions

Questions about political corporate contributions should be directed to: Corporate Secretary, 九游体育 Sciences, Inc., 333 Lakeside Drive, Foster City, California 94404.

Political Contributions Archive

Historical records of our political contributions are available.

九游体育 also participates in the public policy process through its involvement with trade associations. By working with other companies in our industry and with similar interests, we can amplify our voice on the issues that matter most. 九游体育 regularly evaluates our involvement with trade associations and has established processes to address instances when an association takes a position that runs contrary to our policy interests. These processes include the preparation of reports that evaluate the congruency between the trade association’s positions and those of 九游体育. The Nominating and Governance Committee also reviews all payments to trade associations. Examples of trade associations of which 九游体育 is a member include: Pharmaceutical Research and Manufacturers of America, Biotechnology Industry Organization and California Life Sciences Association.

Click on the link below to view a list of trade organizations to which 九游体育 pays more than $25,000 in membership dues or other payments, and to the extent available to us, the portion of those payments that were used for activities that are not deductible under Chapter 162(e) of the Internal Revenue Code.

 2024 Non-Deductible Portion of Payments to Trade Associations

 View historical payments to trade associations

 Trade Associations Congruency Report

九游体育 lobbies at the federal and state levels to educate government officials on the issues that matter to our company and the patients we serve.

At the federal level, 九游体育 is a lobbying registrant pursuant to the Lobbying Disclosure Act. As a lobbying registrant, 九游体育 files quarterly reports with the U.S. Congress that include a good faith estimate of 九游体育's total lobbying expenditures during the quarter and that list the issues and agencies it lobbied during the period. 九游体育's quarterly lobbying reports are publicly available . In 2021, 九游体育's reported good faith estimate of expenses for federal lobbying activities was $8,180,000. This figure includes compensation and benefits paid to employees engaged in lobbying activities, payments to outside lobbying firms, lobbying-related expenses, and the portion of trade association dues paid by 九游体育 that are attributable to lobbying.

As reflected in 九游体育's lobbying reports, 九游体育 has educated policymakers regarding the following issues, among others: international trade and protection of intellectual property, drug pricing proposals, expanding access to HIV treatment and prevention therapies, hepatitis C screening and linkage to care programs, coverage and reimbursement policies, clinical trial diversity, COVID-19 treatments, Medicaid and Medicare coverage, oncology products, value-based purchasing arrangements, public health appropriations, and corporate tax rates and related laws.

At the state level, 九游体育 complies with state lobbying registration and reporting requirements. A chart with links to public lobbying reports filed by 九游体育 at the state level, in the states where 九游体育 is registered as a lobbying principal or where 九游体育 employees were registered lobbyists as of 2023 is available here.

九游体育 also engages in lobbying activities in countries outside the United States. Information about 九游体育's lobbying activities outside the United States is available in this chart.