Word: daiichi
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...Orleans subsidiary, Oak Tree Savings Bank, which is under pressure from federal regulators to raise some cash and shore up its finances. As a result, Landmark agreed last week to sell nine golf clubs and resorts for an estimated $739 million to an investor group led by Tokyo's Daiichi Real Estate...
...their invasion of the U.S. property market, the Japanese have spent spectacular sums. Mitsui Real Estate Development paid $610 million for the Exxon Building in Rockefeller Center last December, the highest price ever fetched by a Manhattan office tower. Last November, Daiichi America Real Estate paid an all-time top price for U.S. retail space when it shelled out $94 million, or about $1,000 per square foot, for the Tiffany building on Manhattan's Fifth Avenue. Nissei Realty turned over an estimated $135 million last November for a half share of San Francisco's 38-story Crocker Bank Tower...
...original brand name, Miltown). But no patent claim had been filed, and the vacuum was quickly filled by Japan's highly competitive drugmakers-concentrated on a narrow street called Doshomachi in Osaka, around a shrine of Yakusoshin (an ancient god of drugs). By December, Daiichi Seiyaku was on the market with its own brand of meprobamate, called Atraxin. Lederle Ltd. put out Miltown. Takeda competed with its own corporate offshoot by pushing Harmonin...
...Daiichi Seiyaku (meaning No. 1 drug company) ran half-page ads showing men and women with agonized faces, clutching swollen heads and moaning for Atraxin. Daiichi and competitors put up billboards at Tokyo's busiest intersections, where stalled motorists and scared-running pedestrians were urged to help themselves to "cope" by taking a pill. There was even a suggestion (eventually dropped) that similar ads be placed at railroad crossings, bridges and volcano craters, the meccas of the suicide-minded. (Several attempts to commit suicide with overdoses of tranquilizers have failed.) Tranki pills have proved especially popular with students cramming...
Last week he arrived at the DaiIchi every morning at 8, drove his subordinates without mercy. As each draft of each message to the Reds' came up from his joint planning group, he went over it word by word, referring often to the Webster's unabridged dictionary which he keeps handy, inserting a new word here, dropping an unnecessary phrase there...