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...Developed an antiflu pill named Symmetrel (the company calls it "the first oral antiviral drug"), which is agitating the highly profitable pharmaceutical industry and could, with the Food and Drug Administration's expected approval, provide a whole new field for Du Pont...
Just what wonders Du Pont will uncork next is hard to forecast, if only because the company's compass is so wide. Du Pont's chemists-like their colleagues throughout the chemical industry-never stop asking questions: How can electricity be transmitted without causing heat, what makes plants flower when and how they do, what are some new commercial possibilities of magnetism? Along the way, the perpetual search produces so many new products and processes that Du Pont is hard-pressed to find names for all of them, has called upon a computer to assemble 153,000 possible...
...prospect of pocketing another one-half G.M. share attracted so many buyers to Du Pont that the company's stock made one of its sharpest single-week gains in recent years before giving way to profit taking. The happy windfall for shareholders will deprive Du Pont of a rich lode of dividends that in the past has provided one-third of its earnings. For almost any other company, this loss of earning power would have been a severe blow. But Du Pont's profits from chemicals alone have been rising so rapidly that its profit margin is among...
...Received its first eight patents on a new photographic process that produces positive images on film without a negative-an innovation potentially as important as the Polaroid process -and announced plans to introduce a Du Pont color film for home movies. > Brought out an unusually versatile plastic, Surlyn, which scientists can make either hard or soft, transparent or opaque, thick or thin simply by jiggering its ion content; it will be used in such varied products as packaging film, pipes, costume jewelry. >Embarked on an expansion project to enlarge its eight big textile plants and to launch a full-scale...
Operating from a provincial company town in the nation's second smallest state, Du Pont has not only brought all this-and much else-to pass, but yearly piles more millions onto one of the greatest and most enduring U.S. family fortunes-a fortune that now amounts to $3 billion, give or take a few hundred million. Of the 1,500 living Du Ponts, 27 occupy executive positions in the company and more than 150 have sizable stakes in it. The Du Ponts turn out so many goods in so many places that their influence is even greater than...