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...thanks to an important new drug called cyclosporine, the heart transplant may become the more nearly routine operation doctors once envisioned. Developed by the Swiss firm Sandoz Ltd., cyclosporine is a natural fungal compound that somehow blocks the production of those white cells that cause rejection but not those that fight infection. Says Dr. Barry Kahan, head of the organ-transplant division of the University of Texas Medical School at Houston and a colleague of Cooley's: "This is the secret ingredient, the thing that unlocks the door to transplants...
Trade frictions between the U.S. and Japan worsened last week when still another Japanese company became ensnared in an American criminal prosecution. In San Francisco the U.S. subsidiary of Mitsui & Co., Ltd. (1981 sales: an estimated $45 billion), one of Japan's largest trading companies, pleaded guilty to a 21-count customs fraud indictment in connection with steel exports to the U.S., and agreed to pay $11.2 million in civil and criminal fines. The penalties against the company, which handles about 40% of Japanese steel sales in America, were the heaviest in the 193-year history...
...Mitsui action was the third one filed against Japanese firms in the past month. On June 30 the FBI charged Hitachi Ltd., Japan's fourth largest computer maker, and 14 of its employees with conspiring to steal IBM secrets. Last week a federal grand jury in San Francisco handed down similar indictments stemming from the case against Mitsubishi Electric Corp. and four of its employees...
...name of Archbishop Marcinkus. The Vatican Bank has long owned 1.58% of the Banco Ambrosiano, but now there is suspicion that it actually holds much more. In addition, Marcinkus until very recently had sat on the board of the bank's Nassau-based subsidiary, Banco Ambrosiano Overseas Ltd., which helped arrange the questionable overseas loans...
...climax of the affair came last week after a group of eager, albeit edgy employees of Hitachi Ltd., Japan's fourth largest computer maker, arranged to wire $495,000 into the bank account of Glenmar Associates, a Santa Clara, Calif., electronics consulting firm. The money was actually intended as a clandestine payment for confidential information on some of the newest and most powerful computers made by International Business Machines, Hitachi's chief American rival (Hitachi had $1.4 billion in computer revenues last year, IBM $24 billion). But when Hitachi Senior Engineer Kenji Hayashi and two colleagues showed...