Word: merck
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Dates: during 1960-1969
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...President Johnson more than the notion that he cannot get good men to come to work - for him - in Washington. Last week, in his first Cabinet appointment, the President took special pains to disprove that theory: he named John T. Connor, 50, president of the multimillion-dollar drug firm, Merck & Co., as his new Secretary of Commerce to replace Luther Hodges...
...content with selling 300 products in 110 nations, it has introduced 20 new items since August, is busy expanding seven of its 19 U.S. plants. Murphy, who earns a salary of $216,274 a year, also believes in personal diversification. He is a director of A.T. & T. and Merck, a trustee of the University of Pennsylvania and ;M.I.T. and co-chairman of the Greater Camden (NJ.) Movement. He is also a great soup devotee, has a can of it daily for lunch and dinner, notes proudly that the prices have remained virtually the same for a decade...
Forces for Confidence. A second U.S. businessman who has large interests in Latin America added some fascinating statistics to bolster Rockefeller's case. He was John T. Connor, president of Merck & Co., Inc., which operates pharmaceutical plants in Argentina, Brazil, Colombia, Mexico, Peru and Venezuela. Talking to a New England trade group in Boston, Connor noted that U.S. companies account for one tenth of Latin America's gross national product-and pay one fifth of all taxes, and produce one third of all exports. Yet, he continued, while the Alliance asks for an additional $300 million investment each...
Last week Merck & Co. of Rahway, N.J., which committed $2,500,000 worth of its goods to the ransom, announced that it figured to come out ahead after taking its tax deductions. Just how much ahead, Merck did not say; in any event, the company said that it plans to turn over the profits to charity, on behalf of medical research...
Doctors as well as parents are likely to be as confused about which measles vac cine to use as they are over Salk and Sabin polio vaccines. PHS licensed Merck Sharp & Dohme to distribute a live but attenuated vaccine, like the one developed by Dr. John F. Enders (TIME cover, Nov. 17, 1961) at Children's Hospital Medical Center in Boston. It is immediately available and is highly effective. But in many children, it causes some fever and a rash, so many pediatricians will simultaneously give the child a shot of gamma globulin in the opposite arm. This lowers...