Word: itness
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Dates: during 1950-1959
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Three Prices. The subcommittee needled the industry again when it produced Seymour N. Blackman, executive secretary of Premo Pharmaceutical Laboratories of South Hackensack, NJ. Blackman estimated that the U.S. public could save $750 million a year if physicians would use scientific instead of brand names in prescriptions. This year Premo...
When the subcommittee asked Merck & Co.'s President John T. Connor for an explanation, he was well prepared. The big companies, said he have different selling costs for individual sales and bulk sales to Government, could not stay in business if they sold to everybody at the same price...
Illustrating the job of the creators, Connor said that his company spent 15 years trying to develop a cure for the rare (800 new cases a year) Addison's disease. In the search it found out, in 1949, how to mass-produce cortisone, today used by millions, and with...
CHANCE VOUGHT AIRCRAFT, hard hit by defense cutbacks, will become a major maker of mobile housing units. It bought two house-trailer manufacturers, General Coach Works, ABC Coach Co., and will add a third, Mid-States Corp. Three firms' combined 1959 sales: $60 million.
professional soldiers who have won star-studded reputations in the postwar business world, the out standing example is General Lucius DuBignon Clay, the compact (5 ft. 9 in., 170 tbs.), hard-driving chairman and chief executive of Continental Can Co. West Pointer ('18) Clay, 62, carried out one of...