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...BASEL, Switzerland: A year after its rivals Ciba Geigy and Sandoz combined to create the world's largest drug company just across town, Roche Holding is looking to catch up. Monday, the Swiss giant announced it will buy holding company Corange Inc. for $11 billion in a deal that will boost Roche's drug operations from tenth place to sixth in the worldwide medical diagnostics market. Roche will assume Corange's holdings in Germany's Boehringer Mannheim, a market leader in cardiovascular and cancer treatments. It will also gain an 84.2 percent stake in DePuy, a Warsaw, Indiana-based manufacturer...

Author: /time Magazine | Title: Roche Looks to Takeover | 5/26/1997 | See Source »

...family members sleeping together. These kids were not praised a lot, but they were never left alone. When it came time to begin school, these children, who were socially and emotionally better adjusted, could direct all their energy into learning, and eventually surpassed their American peers. JANET LANE Muralto, Switzerland...

Author: /time Magazine | Title: Letters: May 12, 1997 | 5/12/1997 | See Source »

...should have educated themselves from a variety of sources, and then open their heart and listen to their intuition. In the end, every individual is responsible for his or her own decisions. Caring for children is the most significant responsibility a human being can have. RENATE SCHAERZ-HEERLEIN Klosters, Switzerland...

Author: /time Magazine | Title: Letters: May 12, 1997 | 5/12/1997 | See Source »

WASHINGTON, D.C.: A report compiled under Commerce Undersecretary Stuart Eizenstat blasts Switzerland for buying $400 million in Nazi gold between 1939 and 1945, providing cash Eizenstat said "had the clear effect of supporting and prolonging Nazi Germany's capacity to wage war." The persistence of a "business as usual attitude" by Switzerland, he told reporters, was "inexplicable." The Swiss do not find that attitude so hard to explain. Foreign Minister Flavio Cotti reminded the U.S. that in 1939, Switzerland was an avowedly neutral country surrounded throughout the war by Axis regimes. On what grounds should it have refused? The report...

Author: /time Magazine | Title: Looking Back in Anger | 5/7/1997 | See Source »

...racism. (Years later, it was repealed.) As President, the ex-general worked to broker rifts in coalition Cabinets, isolate some extremists and push for voting reforms. DIED. GERALD PIAGET, 79, style-conscious co-founder of the family watchmaking firm famed for its ultraslim, ultraexpensive timepieces for women; in Areuse, Switzerland...

Author: /time Magazine | Title: Milestones Apr. 28, 1997 | 4/28/1997 | See Source »

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