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Goaded partly by moral arguments and partly by a desire to stay on good terms with the governments of these countries, several companies have signed agreements to share any profits they make from local biological resources. Merck, for example, worked out a deal with Costa Rica that lets its investigators screen that nation's flora and fauna for potential new drugs, and Shaman Pharmaceuticals has similar agreements with a dozen countries...

Author: /time Magazine | Title: SEEDS OF CONFLICT | 9/25/1995 | See Source »

...race to corner the heartburn market, Merck's Pepcid and SmithKline Beecham's Tagamet have the early lead. Both drugs boasted stellar records as anti-ulcer drugs in the prescription market and gained final U.S. approval for over-the-counter sales in April and June, respectively. Despite Zantac's late start, its popularity may enable it to overtake its rivals. Currently, it is the world's best-selling prescription drug. Analysts expect the three manufacturers together to spend some $300 million to tout their products...

Author: /time Magazine | Title: NEED A NEW DRUG? | 7/31/1995 | See Source »

...consumer's health and well-being are not, of course, the only factors at stake in these decisions. SmithKline lost its patent protection for Tagamet last year; Merck's exclusive rights to Pepcid end in 2000; and Glaxo's claim to Zantac expires in 2002. By law, any company that switches to an over-the-counter preparation of its product enjoys a three-year monopoly before other firms are allowed to manufacture a generic version. All three companies are planning to use the time to establish name recognition and brand loyalty among consumers...

Author: /time Magazine | Title: NEED A NEW DRUG? | 7/31/1995 | See Source »

...Merck & Co. will provide free Crixivan, an experimental AIDS medicine, to 1,400 people in the later stages of the disease. Recipients will be selected by a special lottery within the U.S. Last month Hoffman-La Roche Inc. created 2,280 slots for a similar lottery to receive the AIDS drug Invirase...

Author: /time Magazine | Title: THE WEEK: JULY 16-22 | 7/31/1995 | See Source »

...Pole, the narrative stays in the township long enough to give the young Hullah a youthful bout with scarlet fever (childhood disease is a favorite repeated trope of Davies), the friendship of an Indian healer and wise woman named Mrs. Smoke (who saves him with neither scalpel nor the Merck Manual) and a lifelong interest in medicine, especially non-traditional medicine...

Author: By Daniel N. Halpern, | Title: Davies, Cunning As Always | 4/20/1995 | See Source »

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