Word: merck
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Dates: during 1960-1969
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Last week a team at the Merck Institute for Therapeutic Research reported that it has succeeded in doing this in mice and rabbits, and is ready to try to extend the method to man. Chief of the investigators is Dr. Maurice R. Hilleman, already famed for his work in developing a mumps vaccine (TIME, July 1, 1966) and Enders measles vaccine. The first of his group's reports appeared under the prestige imprint of the Proceedings of the National Academy of Sciences...
...Squibb & Sons as Pentids at a price to the druggist of $6.62 per 100, but for 92? by Pennex Products Co., and by 15 other companies for less than $2. Or digitalis, sold as Pil-Digis by Davies, Rose-Hoyt at $18.40 per 1,000, but by Merck Sharp & Dohme at $2.50. Dr. Burack urges patients to ask their doctors to prescribe by generic rather than brand name, then ask their druggists to sell them the cheapest approved brand...
...president. The retiring Secretary will not become chief executive of Allied; that post is still to be held by Chester M. Brown, 59, who has been acting as both chairman and president. Nevertheless, in a job that will pay about as much as the $130,000 he earned as Merck & Co.'s president before going to Washington, Connor will have plenty of responsibility. At Merck and in Commerce, he was known as an able and aggressive administrator-and this is precisely the kind of man that Allied wants. After an unspectacular period as a wholesaler of chemical products...
...lucky coincidence, that search ended when five-year-old Jeryl Lynn Hilleman came down with mumps. Jeryl Lynn is the daughter of Dr. Maurice R. Hilleman, head of the virology team at Merck Sharp & Dohme Institute for Therapeutic Research, which had been hunting for years for a mumps virus that would grow well in the lab and lose its virulence, while still retaining its power to give immunity. Dr. Hilleman and Dr. Eugene Buynak found that Jeryl Lynn's virus was just what they wanted...
Route to the Top. Corn Products Co. has set up a Brussels headquarters to coordinate operations in 14 European countries instead of having all report to New York. Sperry Rand's computer and office-equipment sales forces in 18 nations are now run out of Lausanne; Merck Sharp & Dohme recently established an office in Brussels to supervise six European subsidiaries. Says Professor Raymond Vernon, international trade specialist at Harvard Business School: "For the first time in history, we're seeing global strategy in terms of corporate entities. What you are seeing is a fundamental reorganization...