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...publicly traded U.S. biotech firms, only about a dozen stirred up a profit last year. Many are one-drug research outfits in a field where only 1 in 10 drugs gets approved. In many cases, three or four one-note companies are working on the same basic treatment, like wound healing. It's a dicey business...

Author: /time Magazine | Title: BEARISH ON BIOTECH | 3/10/1997 | See Source »

...Otherside Lounge was half full when the latest bomb went off, without warning, shortly after 10 p.m. "Everybody just froze," bartender Rhonda Armstrong told CNN. "It sounded like a cannon in a circus." A rescue worker reported treating a woman with a nail driven into her shoulder, leaving a wound "as big as a nickel." One victim underwent surgery at a nearby hospital and was said to be in stable condition...

Author: /time Magazine | Title: IT SOUNDED LIKE A CANNON | 3/3/1997 | See Source »

...visit to Moscow, Mao took Khrushchev aside and pointed out the diminutive Deng: "See that little man there? He's highly intelligent and has a great future ahead of him." Nevertheless, one of the most devastating, man-made catastrophes of the 20th century would fray their comradeship and wound China almost mortally...

Author: /time Magazine | Title: DENG XIAOPING: THE LAST EMPEROR | 3/3/1997 | See Source »

...store opened at 10 a.m. At twenty of 10, we managed to get the third spot in line. By a quarter of 10, twenty more people had joined the line; by the time the store opened, the line wound around the parking...

Author: By Chana R. Schoenberger, | Title: An Ode to the Puritan Ethic | 2/24/1997 | See Source »

...wearing the Bruno Magli shoes was a fake, spent some five hours there one Sunday afternoon as Baker and his son went over his testimony. Many friends dropped in, adding to the messy, busy atmosphere. Some Simpson supporters, such as Terrell, made less frequent visits as the civil trial wound down. Said Terrell: "There's almost too many people there...

Author: /time Magazine | Title: THE INSIDE STORY OF HOW O.J. SIMPSON LOST | 2/17/1997 | See Source »

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