Word: hoechst
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Hoechst A.G. of Frankfurt, an international chemical firm, is giving MGH the money over the next ten years so that the hospital can establish a new department of molecular biology and support basic research in that field. In exchange for the grant, Hoechst will have the right to profit from the research results before other companies gain access to the findings and to obtain exclusive licenses to develop to develop commercial products using the research results. MGH, however, will own any patents developed under the agreement...
...compromised by the agreement. MGH officials arranged for safeguards, including a guarantee that investigators in the new molecular biology department be able to choose their own research projects and that they have freedom to control the time and place for announcing their findings to the public, without interference from Hoechst. "Research will be sponsored, but not directed by the company," Dr. Charles A. Sanders, director of MGH. assured...
Germany, whose businessmen are rapidly becoming enthusiastic investors in the U.S. For years a kind of national taboo in Germany against "exporting jobs" limited U.S. ventures to capital-intensive firms like chemical-making Bayer or Hoechst. Now a conviction is spreading that, as one leading German banker put it, "our domestic market is saturated, and our population is overaged and shrinking. It's just prudent business that if you have a market, your production should follow." With that argument, Volkswagen's boss, Toni Schmucker, persuaded German unions and political leaders that an American plant was vital...
...foot of the Blue Ridge Mountains-it even sports a symphony orchestra-is testimony to the singular success of South Carolina's drive to lure foreign investment. The state has attracted foreign factories worth about $1.7 billion, and some 40% of this investment is located in Spartanburg. Hoechst, Germany's chemical giant, operates a $300 million fiber plant there; Switzerland's Sulzer makes textile machinery, as does Italy's Pignone, and within a year Michelin will open a $100 million truck tire factory near the Milliken research center. All told, companies from eight countries have plants...
...Carolinas, which have long been major textile centers, are also attracting diverse foreign firms. West German companies, led by Hoechst, the chemical giant, have more invested in South Carolina than anywhere else outside of Germany itself. Tennessee's Nashville, along with its multimillion-dollar country-music industry, is fast becoming a mecca for financial services...