Word: syntex
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...that will help profits. Next they moved to housing-related stocks that would benefit if the lower interest rates encourage a pickup in homebuilding. Their favorites: Weyerhaeuser and Georgia-Pacific. Anticipating that consumer spending would increase, Rolland bought Sears, Roebuck and Co., MCA, Procter & Gamble and two drug companies, Syntex and American Home Products. Smaller, profitable airlines, which would benefit as travel increased in a healthier economy, also looked good, so Chemical bought US Air and PSA. One industry group that he totally avoided was energy stocks. Says Rolland: "I'm still not sure about the future price...
...indus try, is accused in the report of dumping 30th clioquinol and aminopyrine. The West German giant Hoechst and E.R. Squibb and Sons, Inc., of Princeton, N.J., are charged with selling tetracycline in Southeast Asia without sufficient warnings that the antibiotic can discolor children's teeth. California-based Syntex Corp. is taken to task for failing to publish standard warnings on birth control pills sold in Singapore and Malaysia; Parke-Davis and Dow Chemical, for not publicizing the perils of chloramphenicol in Asian drug manuals...
...those problems: distributing drugs to patients who may live far from medical centers; keeping vaccines refrigerated in jungle outposts; teaching uneducated patients how to take medicines. Dow, Parke-Davis and Hoechst maintain they have uniform policies on drug information worldwide. Any abuses, they say, originate within the importing countries. Syntex and Squibb note that warnings for their products have been omitted by local drug manuals. "We are not responsible for what the guides will print," said a Squibb spokesman, "but we make all the information available...
...pets also? An article in the current Science and Public Affairs, a respected scientific magazine, asks that question in all seriousness. The answer is yes, according to the authors, Chemist Carl Djerassi, Veterinarian Wolfgang Jochle and Andrew Israel, a medical student. The first two are also top executives at Syntex, a firm that produces contraceptive pills...
...supervisor; film assembly workers are allowed to run their machines at the pace they think best. AT&T eased supervision of its shareholder correspondents and let them send out letters to complainants over their own signatures, without review by higher-ups. Absenteeism decreased and turnover was practically eliminated. Syntex Corp. allowed two groups of its salesmen to set their own work standards and quotas; sales increased 116% and 20% respectively over groups of salesmen who were not given that freedom...