Word: tagamet
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...service are up nearly 20% over the past six months. Business is also booming at the Massachusetts Psychological Association referral service, where out-of-work lawyers and former bond salesmen seek help in coping with stress, anxiety disorders and panic attacks. Drugstores in the region report brisk sales in Tagamet (for ulcers), Prozac (depression) and Halcion (insomnia...
...better to drink on a full stomach than on an empty one. Booze takes longer to pass through a well-fed stomach, allowing more time for the enzyme to digest the alcohol. Fasting does the opposite: it speeds the stomach's emptying. Taking the popular ulcer medication cimetidine (Tagamet) also appears to interfere with alcohol metabolism by suppressing enzyme activity...
...another deal that was driven by global ambitions, shareholders of SmithKline Beckman, developer of the anti-ulcer drug Tagamet, last week approved a merger with London's Beecham Group, which has built strong European markets. One week earlier Dow Chemical agreed to merge its Merrell Dow Pharmaceuticals subsidiary with Marion Laboratories, whose chief prescription drug is Cardizem, an angina treatment. In the afterglow of the Time-Warner marriage and other such deals, companies in many industries may gain greater confidence to embark on friendly combinations...
Around the world, drug companies are teaming up in search of success. Britain's Beecham Group, purveyor of Tums antacid and Brylcreem hair lotion, last month merged with Philadelphia's SmithKline Beckman, developer of the antiulcer drug Tagamet, in a deal that will create the No. 2 pharmaceutical company after Merck. American Home Products, the maker of Advil and Anacin, is acquiring A.H. Robins. Merck, meanwhile, is scarcely standing still. In March the company formed a joint venture with Johnson & Johnson, its New Jersey neighbor, under which Merck will develop over-the-counter versions of patented medicines that Johnson & Johnson...
...move comes none too soon for SmithKline, which has suffered from declining Tagamet sales as the once revolutionary drug faces increased competition. Industry experts see the two companies as a good match. Beecham, which also makes Brylcreem, has built strong European markets, while SmithKline prevails in North America and Japan...