Word: upjohn
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...HEIRS will sell a block of 1,800,000 shares, 8% of the grocery chain's outstanding stock, and valued at about $81 million, in the third largest secondary offering in history (first: Ford, $657.9 million; second, Upjohn Co., $108.4 million...
...UPJOHN CO., only privately owned ethical drug company among top five U.S. drug houses, will end 72-year family ownership to become publicly held firm. Upjohn plans to give present stockholders 25 shares in new firm for each one held in old, with option to sell shares publicly...
Whiffing a good thing, Upjohn sent scouts to the Big Cypress Reservation near Immokalee, found a tranquil oldster (74) who still hunts, fishes and farms all day without tiring. Billie was free to talk commerce, it developed, because he got religion 14 years ago and quit practice to become a Baptist minister. Last month Upjohn flew Billie in a private plane to Kalamazoo, there besought him (with a new hearing aid and a little cash) to demonstrate his lore...
...came down to him through his grandfather and father, but is so complex that it took him seven years to learn to brew a proper cup. Dosage for any and all mental ills: one piping hot cup the first day, three daily with meals for the next three days. Upjohn tried it on a white mouse, which is trained to leap onto a wooden block at the sound of a bell to escape an electric shock. After ten minutes the mouse walked sedately at the bell, after 30 minutes simply stayed...
Last week Billie was home building a new chickee (hut) with a bathroom on Upjohn's money, and Upjohn was analyzing the tea's ingredients. It will be months before Upjohn feels able to announce its findings, at least two years before a new product could reach drugstores. Billie's tea, notes one researcher, contains "gunk" that needs thorough investigation. But Upjohn considers the" project highly worthwhile. Very useful drugs have been found before in unorthodox fashion, e.g., reserpine, the ancient tranquilizer made from India's Rauwolfia plant, which became an antihypertensive drug. A favorable outcome...