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...young biotechnology industry has already shown that it can perform miracles of science, creating marvelous synthetic molecules with the potential to attack cancer or stop heart attacks. Now the genetic engineering companies are out to prove that they can work the same magic in the marketplace, turning those wonder drugs into profitmakers. Last week Genentech, an industry leader based in south San Francisco, began selling its first drug product for humans: Protropin, a growth hormone used to treat dwarfism in children. Genentech had previously developed Humulin, a synthetic insulin, but licensed it to an established pharmaceutical company, Eli Lilly, which...

Author: /time Magazine | Title: Going for the Gene Green | 4/18/2005 | See Source »

Chrysler officials had hoped, though, to win significant changes in work rules. They wanted to boost productivity by reducing job categories from some 500 to half a dozen, thus requiring employees to perform a wider variety of tasks. The U.A.W. rebuffed that concept, but it acquiesced on another issue. The union agreed to a three-year contract instead of the two-year agreement it had proposed. The U.A.W. had aimed for the shorter term because its Ford and G.M. contracts will expire in 1987, and the union wanted to bargain with all three automakers at once, a strategy that tends...

Author: /time Magazine | Title: An Early Christmas at Chrysler | 4/18/2005 | See Source »

...more of a team player than Heckler, whose clashes with White House insiders, mainly Chief of Staff Donald Regan, led to her downfall. Bowen served as chairman of the Advisory Council on Social Security, which helped rescue the foundering system in 1984. He promised last week to perform his new job "with as much efficiency and compassion as I can." Expect him also to attempt to hold the line on the gargantuan ($327.8 billion) HHS budget. ARMED FORCES Dollar Wars Over Star Wars...

Author: /time Magazine | Title: American Notes: Nov 18, 1985 | 4/18/2005 | See Source »

...developing nations are greatly helped by the debating forum of the organization. And if by airing their opinions these countries are helped, then so is the world. Some of the U.N.'s agencies, like the World Meteorological Organization, the Universal Postal Union and the World Health Organization, also perform valuable functions. Fielding H. Nalder Rome Powers of Science...

Author: /time Magazine | Title: Letters: Nov. 25, 1985 | 4/18/2005 | See Source »

...Murrow period [PRESS, Nov. 4], but its firing practices are another story, then as now. In 1937 I was taken to lunch at Delmonico's by Sterling Fisher, then head of CBS's public affairs department. He said he wanted me there because he had a nasty job to perform. He had to fire CBS Newsman H.V. Kaltenborn, who was causing too much trouble with his anti-Hitler broadcasts. In the middle of lunch, Fisher told "H.V." he was through. At this point, before dessert, H.V., red in the face, excused himself and stalked out. Ironically, when the 1938 Munich...

Author: /time Magazine | Title: Letters: Nov. 25, 1985 | 4/18/2005 | See Source »

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