Word: vitamins
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...diversifying mood. In the past three years, he has bought six companies in everything from ladies' sportswear (Evan-Picone) to plastic packaging (Amerline), thereby added more than $25 million a year to RevIon's sales. The $67.5 million that RevIon will pay for U.S. Vitamin (1964 sales: $21 million) may seem high, but Charlie Revson considers the price cheap enough in an age obsessed by health and about to be presented with medicare. In the trade, there is already speculation about whether he plans to rewrite U.S. Vitamin's product list (Arlidin, Methischol, Aquasol) to bring...
Revlon wants to acquire 30-year-old U.S. Vitamin & Pharmaceutical (vitamins, diabetic products, vascular drugs) for some of the same reasons that have drawn drug companies to cosmetics. Research in the two fields tends to overlap, often producing a cosmetic that a drug firm finds hard to market or a drug that a cosmetics manufacturer is at a loss to understand. Revlon hopes that combined research will turn up products that can be readily retailed in drugstores, which are thoroughly covered by Revlon's crack 168-man sales force...
...Sylvania, set up Boston's Microwave Associates; he now is worth at least a million. Charles Stein, 37, sensed a rich future in convenience foods. He began by buying oranges at retail and squeezing them into juice for hospitals and hotels; the business grew so vitamin-rich that National Dairy bought it from him for 17,000 shares of stock (now worth $1,530,000), and Stein has gone on to become president of Chicago's Kitchens of Sara...
...Linder emphasize that these sulfonylureas promote the release of insulin-at least in the early stages of treatment-and thus help to make fat. They recommend sulfonylureas for patients whose weight problems are not critical and for the few who are underweight. For the overweight, they prescribe phenformin (U.S. Vitamin Corp.'s DBI), which, they say, helps both to control appetite and to speed the metabolism of blood sugar...
...administering psilocybin to 20 theology students, none from Harvard, in a setting designed to optimize the chances for mystical reactions. The ten students given psilocybin scored significantly higher on Dr. Pahnke's experimental criteria for defining mystical experience than did the ten controls, who were given nicotinic acid, a vitamin which has mild somatic effects. The study was conducted as a "double-blind" experiment, in which neither the subject nor the experimenter knew who was receiving which drug...