Word: switzerland
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Dates: during 1990-1999
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...funds will be used by David and his associate, Christopher T. Walsh '65, chair of the Biological Chemistry and Molecular Pharmacology Department at the Medical School. Walsh was in Switzerland and could not be reached for comment...
Unable to get at Noriega, the U.S. went after some of his money. The Justice Department asked Britain, France, Luxembourg and Switzerland to freeze accounts in which Noriega was thought to have stashed $10 million or more; France and Switzerland promptly complied. On the basis of documents seized during the invasion, the U.S. felt sure it could prove that the accounts were stuffed with drug money...
...executed. A brother, Marin Ceausescu, 74, was found hanged in the Rumanian embassy in Vienna, where he had headed the trade delegation and was widely believed to have been the conduit through whom Nicolae allegedly transferred millions of dollars into Swiss bank accounts. The provisional government notified Switzerland that it would request the assistance of the courts there to try to recover the funds...
Jake Green, 75, of Winchester, Ky., learned in 1987 that he had myasthenia gravis, a rare degenerative disease that attacks the nerves leading to muscles. Since then, the cost of a month's supply of Mestinon, the drug produced by Switzerland's Hoffman-LaRoche that helps control his disorder, has jumped from $65 to $136. In testimony before Congress last November, Green told the Senate Special Committee on Aging, "I fear the day when I will not be able to afford to purchase the medicine which is keeping me alive...
...cost conflict is particularly acute for the U.S. drug industry, which continues to dominate the $130 billion world pharmaceutical market. Although the global industry has always boasted its share of non-U.S. giants, such as Switzerland's Ciba-Geigy and West Germany's Bayer AG, American firms average 40% of their sales outside the country. This year's three biggest drug-company mergers all involved U.S. companies. Bristol-Myers (1988 sales: $6 billion) joined Squibb of Princeton, N.J. ($2.6 billion); Philadelphia's SmithKline Beckman ($3 billion) merged with Britain's Beecham ($3 billion); Merrell Dow ($1.3 billion) of Midland...