Word: gerber
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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...
...article published February 22, The Crimson incorrectly quoted Kenneth A. Gerber '89 as saying that most of the proceeds from the Dance Marathon would go to the Currier House-affiliated Jefferson Park project. The proceeds were split evenly among five student public service organizations, including the Jefferson Park program...