Word: merck
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JOHN T. CONNOR, 60, Secretary of Commerce from 1965 to 1967 and now chairman of the board of Allied Chemical Corp. As president of Merck & Co., Inc., from 1955 to 1965, he was an outspoken pharmaceutical executive who recognized the value of federal drug controls...
...number of universities and foundations that voted in favor of management indicated that they may not be so accommodating next time. The Carnegie Corporation, with assets of $305 million, voted against the reformers' proposals at Eli Lilly, Merck, Ford and G.M. But Alan Pifer, the foundation's president, wrote to chairmen of the firms emphasizing the "substantial importance" of the issues. Trustees of the United Methodist Church's Glide Foundation ($6 million) wrote to each of the companies in the Glide portfolio that they would support management's slate of directors only if it included women...
...Project has also submitted resolutions to five major American drug companies. Harvard owns nearly $7 million worth of stock in two of the firms, Merck and Co. and Warner-Lamert...
...five companies, only Merck and Co. has held their stockholders meeting. Both resolutions were overwhelmingly defeated, with the drug abuse proposal receiving only 2 per cent of the vote and the labelling proposal even less...
Doubtful Combinations. In its list of proscribed drugs, the FDA fingered major companies from Abbott and Armour through Lilly and Merck to Winthrop and Wyeth. In most cases, the products of such companies were criticized not as hazardous but as ineffective in the forms offered. This is especially true of formulations in which one drug, usually an antibiotic, is combined with one of another class, such as an antihistamine, for use against colds...