Word: gerber
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Dates: during 1980-1989
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Although the marathon is tiring, said Kenneth A. Gerber '89-'90, it is not difficult to last the entire 12 hours...
Kenneth A. Gerber...
...maker of Bayer aspirin, Phillips milk of magnesia and other popular over-the-counter brands. Sterling spurned the Hoffmann-La Roche offer and sold out to Eastman Kodak instead. "We wanted primarily to establish ourselves in the American over-the-counter market," recalls Hoffmann-La Roche Chairman Fritz Gerber, 60, whose company gets a third of its sales from U.S. operations based in Nutley, N.J. "It's the biggest pharmaceutical market, and it has a lot of future potential...
...years ago, the Sacher family called in Gerber, who headed the Zurich Insurance Co., to take over Hoffmann-La Roche, whose Valium profits had tranquilized it into lethargy. He streamlined the administration, production and research and set out to find a new generation of superstar drugs. The antibiotic Rocephin, which had worldwide sales last year of $445 million, is currently the firm's largest-selling product. Valium, though, remains the second-best seller. Last week the company reported that 1988 profits had risen to $389 million, up 33% from the previous year, on sales of $5.3 billion. Now that Hoffmann...
...panel of the National Academy of Sciences, which is examining this issue at the EPA's request: "The food tolerances are set on good agricultural practices. The Government does not adequately address the impact of pesticides on children." The baby-food companies have already got the message. Gerber and Beech-Nut, for example, do not use Alar-treated apples in their products, and pesticide residues on the crops they accept for processing into baby foods are much lower than federal limits...