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...auto-parts company, Midas-International used to be a remarkable place to work. At its Chicago headquarters, Bach chamber music wafted from hidden loudspeakers, while Technicolor-plumed finches twittered in a giant cage. The boss, bumper-bald Gordon Sherman, 43, was in the office round the clock some days-and other days scarcely at all. A man of intense energy and occasional brilliance, he often worked at home, where he also liked to tend his orchids and hummingbirds or tootle his oboe and English horn. Occasionally he held executive meetings at a zoo, or in the office by candlelight...

Author: /time Magazine | Title: PROXY FIGHTS: Ambush at Generation Gap | 5/3/1971 | See Source »

Barrage from the Board. This unstructured management approach did not go over well with the company's founder and major stockholder, 72-year-old Nate Sherman, who is Gordon Sherman's father. Nate had started the firm in 1938, become known for dependable wholesale distribution in a generally haphazard field, and prospered in the postwar auto boom. He built the business into a $3.5-million-a-year operation by the time Son Gordon joined the organization in 1950. Gordon promoted the idea of starting Midas Muffler Shops -franchised retail outlets with specialists in trim uniforms. The Midas idea...

Author: /time Magazine | Title: PROXY FIGHTS: Ambush at Generation Gap | 5/3/1971 | See Source »

Serendipity is often the researcher's best friend. Thirteen years ago, Dr. Paul Gordon, a professor of microbiology and pharmacology at Chicago Medical School, set out to find a drug that would improve memory and increase learning ability. What he actually found, he reported last week to a Chicago meeting of the Federation of American Societies for Experimental Biology, may prove even more valuable-a nontoxic, broad-spectrum agent that works against a wide variety of viruses...

Author: /time Magazine | Title: Medicine: The Virus Killer | 4/26/1971 | See Source »

...potential panacea is isoprinosine, a derivative of the chemical inosine found in muscle tissue. In 1958, Gordon began experimenting with inosine to lessen "absentmindedness" in aged rats and mice. The substance, which stimulates protein production by brain cells, worked. Gordon observed that the drug also prevented viral action by blocking the genetic information that viruses must carry into cells in order to reproduce themselves (TIME, April 19). Speculating that the drug's antiviral action might be a useful medical tool, Gordon began to search for a derivative that did not have inosine's unpleasant side effect, a prolonged...

Author: /time Magazine | Title: Medicine: The Virus Killer | 4/26/1971 | See Source »

...approved for clinical use in Argentina, isoprinosine is under test at 15 institutions in the U.S. Gordon believes it could some day have tremendous impact on disease treatment. Unlike drugs that merely suppress the symptoms of viral disease, isoprinosine attacks the viruses themselves, preventing them from reproducing and thus reducing the scope of infection. So far, says Gordon, it has proved effective in tissue culture against the viruses that cause influenza and the herpes viruses responsible for shingles and chicken pox. But it still falls short of cure for man's most common ailment, for, as Gordon points...

Author: /time Magazine | Title: Medicine: The Virus Killer | 4/26/1971 | See Source »

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