Word: vaccinees
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But it would take time for changes in the setup to be reflected in improved safety in the vaccine and certainty on the part of the vaccinators. P.H.S. men were privately hoping that public clamor for the vaccine, by some unforeseeable magic, would peter out by August, when the National...
*For news of the effects of the vaccine controversy on the fortunes of the Cutter Laboratories, see BUSINESS.
At the end of 1954, Dr. Robert Cutter, president of Cutter Laboratories of Berkeley, Calif., wrote in his annual report to stockholders: "We are up to our ears in the Salk poliomyelitis vaccine production. Around the middle of the year you are either going to look on this decision as...
From $15.50 to $8.75. Following the ban, the company recalled the unused 256,000 cc. of its Salk vaccine, announced that it would take a loss estimated at $1,250,000. Under the deluge of bad publicity, Cutter stock slumped from $15.50 to $8.75 a share.
Cutter Laboratories, born in the backroom of the late Edward Cutter's Fresno, Calif, pharmacy in 1897, is the second oldest pharmaceutical house in the country under continuous ownership and management (the oldest: Parke, Davis & Co.), and has a solid professional reputation. It pioneered commercial production of serum albumin...