Word: anacin
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Undaunted, the combatants have now resumed their fight in print, where American Home Products, a $13.4 billion maker of such brands as Anacin and Preparation H, launched an assault on Tylenol last week. The company paid for a full-page ad in the New York Times and other papers to reprint an open letter written by Antonio Benedi, a former appointments secretary for George Bush, who blames Tylenol for the liver failure that forced him to have an emergency transplant...
Just last week, American Home Products, a sprawling outfit whose wares range from Anacin to Chef Boyardee spaghetti and meatballs, launched an $8.5 billion hostile bid for pharmaceutical maker American Cyanamid. At $95 a share, the offer was fully $32 a share more than Cyanamid's recent trading price, which made its shareholders the envy of Wall Street. Moreover, the staggering bid arrived while investors were still humming with reports that the Norfolk Southern railroad was in talks to acquire Conrail, once a sickly ward of the government but now a healthy freight hauler, in a deal that would create...
Less than a decade ago, aspirin seemed to be losing some of its luster. Marketed since the beginning of the century as a uniquely effective pain and fever fighter, it was suddenly forced to compete with two major rivals -- acetaminophen (Tylenol, Anacin-3) and ibuprofen (Advil, Nuprin) -- that had many of aspirin's benefits without some of its side effects. Worse, aspirin had been linked to Reye's syndrome, a rare but sometimes deadly condition that can afflict children after a bout of flu or chickenpox. Doctors immediately ceased to recommend it for most youngsters, and liquid Tylenol replaced orange...
...chemical relative of phenacetin, may also have cause for concern. Considered preferable to aspirin because it rarely produces side effects or allergic reactions, does not irritate the stomach and is thought to be safe for children and pregnant women, acetominophen is sold under such brand names as Tylenol and Anacin...
...success. Britain's Beecham Group, purveyor of Tums antacid and Brylcreem hair lotion, last month merged with Philadelphia's SmithKline Beckman, developer of the antiulcer drug Tagamet, in a deal that will create the No. 2 pharmaceutical company after Merck. American Home Products, the maker of Advil and Anacin, is acquiring A.H. Robins. Merck, meanwhile, is scarcely standing still. In March the company formed a joint venture with Johnson & Johnson, its New Jersey neighbor, under which Merck will develop over-the-counter versions of patented medicines that Johnson & Johnson will market...