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...grow at an 8% rate, estimates the consultancy Accenture. By 2010 that will mean producing six new drugs a year. Most companies today grind out just one or two a year. "Productivity is the No. 1 issue going forward in the pharmaceutical industry," says Millennium CEO Mark Levin...

Author: /time Magazine | Title: Biotech Grows Up | 12/24/2001 | See Source »

Yale President Richard Levin doesn't like EARLY ADMISSIONS, the policy of letting high school seniors apply to one college early, usually by November. "It pushes the pressure of thinking about college back into the junior year of high school," he told the New York Times. There are BENEFITS: students, for example, can lock up a favorite school early and have a stress-free last semester of high school. Most elite-college presidents aren't ready to junk the practice. "Everybody is worried about the PRESSURE ON STUDENTS in high school," says Stanford's John Hennessy...

Author: /time Magazine | Title: School Debate | 12/24/2001 | See Source »

...Levin insists that the challenges ahead did nothing to inspire his departure. He wants, he says, to pursue creative endeavors and "put more poetry" into his life. If anything pushed his retirement forward, he says, it was the Sept. 11 attacks, which dredged up the pain of the 1997 murder of his son Jonathan, a Bronx public school teacher. Parsons compares Levin's reaction to "a Vietnam flashback...

Author: /time Magazine | Title: Can A Nice Guy Run This Thing? | 12/17/2001 | See Source »

...timing looks at least partly strategic. One of the shrewdest operators of his day, Levin saw an opportunity to choose his successor--and make clear that it's Time Warner, not AOL, that runs the combined company. Levin says selecting his successor was a lot like producing a Warner Bros. film. "We do all this market testing," Levin says, but "the big mistake is we don't know how to end a movie." In choosing a well-liked, up-by-the-bootstraps guy like Parsons, AOL Time Warner has fashioned a classic Hollywood ending to the Levin era. But Parsons...

Author: /time Magazine | Title: Can A Nice Guy Run This Thing? | 12/17/2001 | See Source »

...group he founded in 1989 a year after his failed U.S. presidential campaign, to devote time to ministry; in Virginia. Recently Robertson fueled controversy following the Sept. 11 attack when he espoused televangelist Jerry Falwell's accusations that liberal groups were partly to blame for the tragedy. RETIRING. GERALD LEVIN, 62, the ceo of AOL Time Warner (Time's parent company), after 30 years as a top corporate executive and a mastermind behind Time Inc.'s transformation into the world's No. 1 media company; in New York. Richard Parsons, the co-coo, will succeed Levin as the head...

Author: /time Magazine | Title: Starting Time | 12/17/2001 | See Source »

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