Word: merck
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...nation's biggest drug manufacturers last week agreed to become the biggest. Directors of Merck & Co., which grossed $105.7 million and netted $8.4 million last year, and Sharp & Dohme, which netted $3.9 million on a $50.4 million gross, okayed a plan to merge. If stockholders approve, the combined company will pass Parke, Davis & Co. as the biggest U.S. maker of ethical drugs...
...trucked him from Texas to North Carolina. But Larry began showing signs of listlessness and lameness in one leg. Leach's veterinarian, Dr. James T. Dixon, diagnosed Larry's ills as rheumatoid arthritis. While Larry lost weight-and his interest in heifers-Leach persuaded a friend at Merck & Co., Inc. to send him thirty-six 500-mg. bottles of cortisone...
...Merck & Co. announced that Dr. Lewis H. Sarett has achieved the "total synthesis" of cortisone from a common coal-tar material, instead of having to start with scarce and costly bile acids (TIME...
...Ogden Pleissner, Dean Fausett and Luigi Luciono to Housepainter Patsy Santo, local farmers, housewives and schoolchildren. Prices began at $15 and ran up to $3,500. Many buyers were year-round citizens. There were also some big-name summer people who showed up with their checkbooks ready, among them Merck & Co.'s George Merck (TIME, Aug. 18), Lambert Co.'s Gerard Lambert...
...After getting a new production line into operation at Danville, Pa. (TIME, Aug. 18), Merck & Co. cut the price of cortisone by 40%, to $9.60 a gram wholesale (three years ago it was $200). Two other producers decided to follow suit...