Word: counterfuls
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Firms that sell prescription drugs and over-the-counter medicines and supplements collect revenues as high as $30 billion a year from products inspired by the traditional knowledge of indigenous communities like the Piaroa, according to biodiversity-research organizations like the Canada-based ETC Group. Researchers view jungles from South America to Southeast Asia as bountiful sources of new treatments for cancer, AIDS and other diseases. According to the U.S. National Cancer Institute, more than 25% of the ingredients in cancer medicines today were either discovered in rain forests or synthesized in labs from discoveries made there. But the tribal...
...itself as a health-care company, but its core business, which generated 63% of group sales last year, is branded pharmaceuticals, led by brands such as Diovan and Sandimmun. Vasella leaves the other units--including generic drugs, animal health, Gerber, the eye-care unit CIBA Vision and over-the-counter medicines--in the hands of trusted lieutenants. Novartis announced earlier this year that it will divest the unit that makes foods such as Ovaltine. Some analysts say Novartis could pick up its growth if it got rid of more of its noncore businesses. But Vasella argues there's no reason...
Vasella keeps a keen eye on his cherished drug business from an elegant second-floor office in the old Sandoz headquarters. On a counter behind his black leather chair are a pair of ancient Egyptian vases, a sword from the Han dynasty and a large blue-green bust of Buddha from the Tang dynasty. An avid collector of Oriental art, he recently bought a 13th century Tibetan statue of Buddha made of gilded bronze, which he keeps at his home in Zug. "I talk to him sometimes," says Vasella, "and I say, 'You know, I like you better than Jesus...
...president Susan Arnold, who previously headed the company's beauty and personal-care division--a group that added more than $20 billion in sales to P&G's top line last year--P&G invested an additional $1.5 million in the project after the product got FDA over-the-counter clearance. Days later, P&G also signed a joint agreement to develop and distribute home-use antiaging devices with Syneron Medical Ltd., a $150 million medical-device maker in Yokneam, Israel, known for its patented "elos" technology, which combines bipolar radio frequency and light sources to combat the signs...
...Among those arrested were six ex-soldiers from the special-forces Counter Revolutionary Warfare unit, elements of which were linked to both the 2000 coup against then-P.M. Chaudhry and a subsequent mutiny in which Bainimarama narrowly escaped assassination. Also arrested was ex-intelligence chief Col. Metuisela Mua, who served a jail term for his part in the 2000 events...