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...blood of carriers. Dr. Saul Krugman of New York University then discovered that when infected blood serum is boiled, the virus is killed but the antigen remains able to induce production of the antibodies that prevent the illness. The experimental vaccine was developed by Virologist Maurice Hilleman of the Merck Institute for Therapeutic Research. Should no hitches develop, the first hepatitis B vaccine may become commercially available in two years...

Author: /time Magazine | Title: Medicine: Hepatitis Hope | 10/13/1980 | See Source »

...laboratory. But less conventional routes are also being explored. One is to provoke the body into boosting its own manufacture of IF by injecting inducers, usually double strands of synthetic RNA* that resemble viruses. The method was tried in the 1960s by Maurice Hilleman and others at the Merck Institute. But inducers were virtually abandoned when they proved largely ineffective and, on occasion, highly toxic. A new inducer, though, has been showing some promising early results...

Author: /time Magazine | Title: The Big IF in Cancer | 3/31/1980 | See Source »

...developed a new mass-production technique that could reduce the cost of a dose of interferon to one-twentieth of its present cost. Earlier this month G.D. Searle & Co. announced plans to build a $12 million IF plant at its research facilities in Britain. Abbott Laboratories, Warner-Lambert, Merck & Co., and a number of other companies are also gearing up for interferon production. When Biogen S.A., a Swiss firm specializing in the new recombinant DNA (gene splicing) techniques, announced in January that it had induced bacteria to produce a facsimile of human interferon, the stock of Schering-Plough, a part...

Author: /time Magazine | Title: The Big IF in Cancer | 3/31/1980 | See Source »

...reported to the Internal Revenue, and there is no record of the bond purchases because they are so-called bearer bonds and therefore do not carry the name of the owner. Gambling casinos are surging in part because they are convenient places to spend cash. Says Albert W. Merck, a member of New Jersey's casino control commission: "A casino fills a fascinating function in an economy where there is a lot of unrecorded money. It is a place to put undeclared cash...

Author: /time Magazine | Title: Business: Take Cash and Skip the Tax | 8/20/1979 | See Source »

This was accomplished by replacing two of the stodgier performers, Chrysler and Esmark (formerly Swift & Co., the meat packer), with glamorous Merck & Co. and IBM, which is the market's most popular growth stock. Their inclusion reflects the rising importance of technology and drug companies in the economy and stands to make the Dow somewhat more volatile. Both companies' shares have risen substantially in value over the past two decades (Merck has more than tripled, IBM has quintupled), and relatively high-priced stocks usually have sharper swing than do lower-priced ones. Had IBM and Merck replaced Chrysler...

Author: /time Magazine | Title: Business: Dowversifying | 7/16/1979 | See Source »

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