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CONGRESSIONAL RECORD— Extensions Of April 11, 2000 CONGRESSIONAL RECORD Ð Extensions of Remarks E531 [From the San Diego Union-Tribune, Apr. 6, age CEO of a pharmaceutical company re- HELP FOR THE NATION'S PREMIER 2000] ceived $14.9 million in salary, bonus, and TEACHING HOSPITALS QUALCOMM CHIEF NAMED SCIENTIST OF THE stock options in 1999. YEAR BY WOMEN'S GROUP Rather than maximizing the R&D of new HON. CHARLES B. RANGEL (By David E. Graham) therapies and cures for diseases, they are OF NEW YORK Technology is emerging now that will blur spending it on pay for their executives. To- IN THE HOUSE OF REPRESENTATIVES the distinctions between a cellular phone day's Wall Street Journal article shows what Tuesday, April 11, 2000 and a desktop computer, Irwin Jacobs, the the pharmaceutical industry's real priorities CEO of Qualcomm, said last night at an are. Mr. RANGEL. Mr. Speaker, I am pleased to awards banquet in his honor. The top five highest compensated CEOs of join today with Senator PATRICK MOYNIHAN,and The leader of the San Diego wireless tele- pharmaceutical companies surveyed were: (1) a number of my House and Senate colleagues communications company was named sci- in introducing legislation to stop further Medi- entist of the year by the San Diego chapter Charles A. Heimbold, Jr., $44 million, Bristol- of Achievement Reward for College Sci- Myers Squibb; (2) Richard Jay Kogan, $36.7 care cuts in the indirect medical education entists. The women's group raises money for million, Schering-Plough; (3) Ralph S. Larsen, (IME) program. scholarships for university students studying $34.9 million, Johnson & Johnson; (4) Sidney IME payments are extra payments made to science. Taurel, $33.3 million, Eli Lilly; and (5) Fred teaching hospitals for the fact that they are While celebrating the need for talented Hassan, $15 million, Pharmacia & Upjohn. training the next generation of doctors, and students to fuel innovation, Jacobs said his The income of these 5 men is roughly half that the cost of training a young doctorÐlike company is interested in expanding the capa- the cost of discovering a blockbuster drug that any apprenticeship or new person on the bilities of digital cellular phones. ``That de- could cure millions of people. jobÐis more expensive than just dealing with vice is able to do many, many things for us,'' Mr. Speaker, we shouldn't let this industry experienced, older workers. The young person Jacobs said. The company's code-division-multiple-ac- tell us they can't afford to participate in a requires mentoring, orders more tests, and cess technology is a standard technology for Medicare drug benefit and continue research. makes mistakes unless closely supervised. It transferring information to the phones. f is natural that a group of young residents in a Soon, however, cellular phones will be able hospital will reduce a hospital's efficiency and to tell users that location in a city or within HONORING GILBERT SERVIN increase its costs. Medicare should help pay a building, using a global-positioning tech- for these extra ``indirect'' costs, if we wantÐas nology. Other changes likely will include the HON. GEORGE RADANOVICH we surely doÐfuture generations of com- ability to connect to the Internet and OF CALIFORNIA petent, highly skilled doctors. download and store great amounts of infor- IN THE HOUSE OF REPRESENTATIVES The Balanced Budget Act took the position mationÐand even download and play back music. Tuesday, April 11, 2000 that the extra adjustment we pay a hospital Holding a cellular phone, he told the audi- Mr. RADANOVICH. Mr. Speaker, today I per resident should be reduced from 7.7% in ence: ``I believe for many people it will be honor Gilbert Servin, the outgoing President of FY 1997 to 5.5% in FY 2001. This provision their computer.'' the Central California Hispanic Chamber of was estimated to save about $6 billion over 5 When someone needed a larger keyboard Commerce. The Central California Hispanic years and $16 billion over tenÐin addition to for writing and a screen for large display of about another $50 billion in hospital cuts in information, the phone could be dropped into Chamber of Commerce (C.C.H.C.C.) is the largest Hispanic business organization in the other portions of the BBA. In the Balanced a device at a hotel or airport, for example, Budget Refinement Act which was enacted where work could be done. Central Valley. The information could be used from within Servin, a founding Board member of the last November, we recognized that these cuts the phone set or against plugged into an- C.C.H.C.C., was the California Hispanic were too much, and froze the fiscal year 2000 other larger display at another site, he said. Chamber of Commerce President for one rate at 6.5%, reduced it to 6.25% in 2001 and Many consider Jacobs a voice not to be ig- year. Along with his achievements as Presi- then dropped it to 5.5% thereafter. nored. Buoyed by the CDMA technology used dent of the Central California Hispanic Cham- Mr. Speaker, last fall's delay and spread out in portable phones and by other business of the cuts is helpfulÐbut these cuts are still moves, Qualcomm has been a darling of Wall ber of Commerce, Mr. Servin was also elected to serve for two years as treasurer for the too much. The nation's teaching hospitals, Street, its stock having soared last year. which do so much to serve the uninsured and Jacobs said he also is interested in the dis- State Hispanic Chamber. tribution of cinematic film to theaters Gilbert Servin graduated from California poor, and which are the cradle of new clinical digitally rather than on traditional film. State Polytechnic University in Pomona in research and technical innovation, are hem- Jacobs was chosen for the Achievement March 1976. For the next fifteen years he was orrhaging red ink. Reward for College Scientists award ``be- employed by the Clinicas de Salud Del Pueb- Our bill stops further scheduled cuts in the cause of his great contributions to tech- lo, In., in Brawley, California, as a Business IME, freezing the adjustment factor at 6.5% nology,''said Toni Nickell, president of the Manager and Assistant Executive Director. In rather than letting it fall to 5.5%, and saving group's San Diego chapter. 1980 Gilbert Servin accepted the opportunity teaching hospitals about billions of dollars that The chapter provided $425,000 in scholar- would otherwise be taken from them. ships last fall to 49 graduate and under- of serving as Business Manager for United Health Centers of San Joaquin Valley, Inc., a I hope this legislation will receive consider- graduate students at UCSD, SDSU and The ation this year, before the cuts resume, and Scripps Research Institute. considerably larger health center. Since the chapter was organized in 1985, it Gilbert Servin's experience and expertise, these premier medical institutions are faced has given more than $2.4 million in scholar- obtained while employed by the United Health with cuts, layoffs, and reduced service that will ships to 375 students. Centers and the Clinicas de Salud, propelled literally cost us lives in the years to come. f f him to become an independent consultant in healthcare financing and management in HONORING THE CENTENNIAL OF THE PHARMACEUTICAL INDUSTRY March of 1983. In addition, Gilbert Servin, THE U.S. SUBMARINE FORCE CAN AFFORD A MEDICARE DRUG CEO for CAGSI International (previously Gil- BENEFIT AND MORE RESEARCH bert Servin Associates), and his highly experi- HON. SAM GEJDENSON enced staff provide professional services in OF CONNECTICUT the preparation of financial feasibility studies. HON. FORTNEY PETE STARK IN THE HOUSE OF REPRESENTATIVES OF CALIFORNIA Currently, Gilbert Servin has focused his ef- Tuesday, April 11, 2000 IN THE HOUSE OF REPRESENTATIVES forts in expanding its services to assist local governments and community groups in financ- Mr. GEJDENSON. Mr. Speaker, it is with Tuesday, April 11, 2000 ing projects. These projects will promote eco- tremendous pride that I rise today to congratu- Mr. STARK. Mr. Speaker, the pharma- nomic development, with an emphasis on rural late the U.S. Navy Submarine Force on the ceutical industry alleges that government inter- areas. occasion of its 100th anniversary of service to vention will lead to cost containment and price Mr. Speaker, I want to honor Gilbert Servin America. controls which will stifle research and develop- as the outgoing President of the Central Cali- We have a rich maritime heritage in south- ment of new drugs. In fact, they are not fornia Hispanic Chamber of Commerce. I urge eastern Connecticut and a long legacy of out- spending enough on R&D. my colleagues to join me in wishing Gilbert standing craftsmen as well as patriots. When According to today's Wall Street Journal Servin many more years of continued suc- the Navy purchased the Holland from a rel- survey on executive compensation, the aver- cess. atively unknown shipyard on April 11, 1900, it VerDate 20<MAR>2000 05:25 Apr 12, 2000 Jkt 079060 PO 00000 Frm 00005 Fmt 0626 Sfmt 9920 E:\CR\FM\A11AP8.012 pfrm04 PsN: E11PT1 E532 CONGRESSIONAL RECORD Ð Extensions of Remarks April 11, 2000 set in motion a legacy unequaled in our na- Hyman G. Rickover, who provided the major ownership of the digital access package shall tion's history. Commanded by Lt. Harry H. impetus behind the development of nuclear- be transferred to the employee; options for Caldwell, the Holland traveled through yet un- powered submarines and surface ships, EB the technological refreshment of the benefit package; restrictions on commercial adver- charted depths, setting the standard for all built the world's first nuclear-powered sub- tising to subsidize benefits; measures to pre- who followed.
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