Word: product
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Dates: during 1980-1989
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...BioScience of Worcester, Mass., announced last week that it has received approval from the U.S. Food and Drug Administration to market a blood test that will indicate in five minutes whether a person is infected with the AIDS virus, vs. several hours for the standard laboratory measure. The BioScience product, which will not be sold to consumers, is expected to help time-pressed doctors and nurses in emergency rooms or on transplant teams...
...Wall Street, anti-takeover ploys are becoming as pervasive as red suspenders. Last week four blue-chip companies, including Dow Chemical and ^ American Express, unveiled a new financial product that could become a deterrent to corporate raiders. The firms will buy back as much as $5.6 billion worth of their shares with so-called unbundled stock units: packages that include a bond and two new types of securities. Partly because the new packages will allow the companies to pay less in taxes, investors might bid up the price of the new units. Raiders, Wall Streeters believe, might resist paying such...
...poor health by losing muscle tissue. "These programs are definitely not for a patient who has 20 lbs. to lose and wants to get into a bikini," says Jim Parsons, Optifast's director. Nor are they for the do-it- yourselfer. "If you use an over-the-counter formula product as your sole source of nutrition, it's like playing Russian roulette," says Joan Horbiak, spokeswoman for the American Dietetic Association. Patients in liquid-diet programs occasionally suffer temporary side effects, such as fatigue, constipation, dizziness and hair loss...
...taste for success is a college dropout who lives by his well-cultivated wits. A connoisseur of hard rock and fine art, Geffen invests in performers and producers he trusts and usually gives them the freedom to follow their own instincts. "I see myself as a baby doctor. The product's not mine actually, but I've assisted in the process...
...firm bid. The sheer size of First Boston's bid persuaded RJR's board to give the group until Nov. 29 to make the offer more concrete. If successful, the high-rolling group would probably keep RJR's tobacco business and sell its food groups to such consumer-product companies as Ralston Purina and Procter & Gamble...