Word: ciba
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Dates: during 1980-1989
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...maker of prescription pharmaceuticals and one of the most profitable companies on earth. But lulled by the success of Valium, whose U.S. patent expired four years ago, the company failed to keep pace in the '80s with such aggressive rivals as U.S.-based Merck and Swiss neighbors Sandoz and Ciba-Geigy. Symbolic of Hoffmann-La Roche's backward ways was the firm's thinly held stock, the most expensive traded anywhere. In the past year the price of a single share of Hoffmann-La Roche climbed to more than...
Anger among European officials was fanned further at midweek when Ciba- Geigy, Switzerland's largest chemical company, admitted spilling about 105 gal. of the herbicide Atrazine into the Rhine the night before the Sandoz fire. The discharge of the chemicals, which is forbidden by law, was discovered only after officials tested the river for pollution from the Sandoz accident. While a Swiss water official asserted that the Ciba-Geigy accident did not kill the fish, the disclosure increased demands for stricter laws regulating chemical storage...
Several European countries produce or import an array of deadly compounds, among them methyl isocyanate (MIC). In Britain, a division of Ciba-Geigy Chemicals, Ltd., is the only company permitted to deal with the substance. Located two miles from Grimsby, a town of 92,000, the firm imports and stores the chemical in 45-gal. stainless-steel drums. No more than 18,000 gal. is kept in stock at one time. But even with these precautions, Grimsby villagers gathered in protest after they found out that the lethal compound was being held in their midst. They were led by Anthony...
...last week, customers had to pay $8.79 for 20 tablets of Lomotil, an antidiarrhea pill made by G.D. Searle. But the same amount of medication was available under its generic name, diphenoxylate, for only $3.29. In one New York City drugstore, a medicine for high blood pressure made by Ciba-Geigy called Apresoline cost $15 per 100 tablets; its generic equivalent, hydralazine, went...
...Soviet athletes. In 1956 the late Dr. John Ziegler attended a world weight-lifting championship in Vienna and was told that the drugs were greatly improving the performance of the lifters from the Soviet Union. Ziegler, believing that U.S. athletes could also helped by the drugs, worked with CIBA Pharmaceutical Co. to develop a steroid drug called Dianabol for use by athletes. He quickly abandoned his research, however, when he saw that the drug was being abused. CIBA ceased production of Dianabol for the same reason, although the company continues to make these steroids for medical use. These drugs, doctors...