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NEWS
September 27, 1990 | From Times Staff and Wire Reports
Suspected leftists exploded bombs and fired guns in the air near the U.S. Clark Air Base and unidentified men bombed the offices of three multinational companies in Manila, police said. Police in Manila said bombs were thrown into the compounds of the U.S. firms Colgate-Palmolive, Squibb and Wyeth-Suaco Laboratories, causing damage but no casualties.
BUSINESS
June 28, 1987 | James Flanigan
Two significant events in the development of biotechnology, an industry that will change American medicine, occurred in the past month. And the more important was the purchase by Squibb Corp., the 130-year-old pharmaceutical company, of 5% ownership in Cetus Corp., the tiny 15-year-old biotech pioneer. The Squibb investment, which will total $115 million over five years, followed by weeks the Food and Drug Administration's refusal to approve a Genentech Inc.
BUSINESS
July 28, 1989 | NANCY RIVERA BROOKS, Times Staff Writer
Bristol-Myers--maker of such products as Ban, Excedrin and Drano--and Squibb--a prescription drug manufacturer that makes a widely used high blood pressure drug--said Thursday that they have agreed to a $12-billion stock-swap merger. The deal would create the world's second-largest drug company. The two firms said they sought each other's company to better compete in the worldwide market, joining a consolidation push that is rapidly shrinking the ranks of the drug industry.
BUSINESS
July 29, 1989
Red Patterson's picks (July 18) of the all-time greatest teams were far off base. What about the Yankees from 1960 through '64, especially the '61 team with Mickey Mantle and Roger Maris, who combined for 115 home runs? Whitey Ford led a solid group of starters with a 25-4 record, and they had a tremendous bullpen, led by Luis Arroyo. They walked all over Cincinnati in five games in the World Series. And this team is not even mentioned. And how about the Cincinnati team of the mid-'70s?
NEWS
September 27, 1990 | From Times Staff and Wire Reports
Suspected leftists exploded bombs and fired guns in the air near the U.S. Clark Air Base and unidentified men bombed the offices of three multinational companies in Manila, police said. Police in Manila said bombs were thrown into the compounds of the U.S. firms Colgate-Palmolive, Squibb and Wyeth-Suaco Laboratories, causing damage but no casualties.
NEWS
October 31, 1989 | DAVID G. SAVAGE, TIMES STAFF WRITER
The Supreme Court Monday let stand a state ruling that allows victims of a dangerous drug to collect a share of damages from all of the drug's makers and sellers, even those that can demonstrate they did not provide the drug to a particular patient. Normally, a company is required to pay damages only to individuals who used that firm's product.
BUSINESS
June 19, 1987
The big pharmaceutical concern will buy the stake in Cetus as part of a joint venture to develop, manufacture and market biotechnology-based drugs. Princeton, N.J.-based Squibb will pay about $40 million for the Cetus equity and provide about $75 million to fund Cetus research and development. The Emeryville, Calif.-based biotechnology firm will license to Squibb Interleukin-2, an anti-cancer agent Cetus manufactures through genetic engineering, for sale outside North America and Western
NEWS
October 31, 1989 | DAVID G. SAVAGE, TIMES STAFF WRITER
The Supreme Court Monday let stand a state ruling that allows victims of a dangerous drug to collect a share of damages from all of the drug's makers and sellers, even those that can demonstrate they did not provide the drug to a particular patient. Normally, a company is required to pay damages only to individuals who used that firm's product.
BUSINESS
July 29, 1989
Red Patterson's picks (July 18) of the all-time greatest teams were far off base. What about the Yankees from 1960 through '64, especially the '61 team with Mickey Mantle and Roger Maris, who combined for 115 home runs? Whitey Ford led a solid group of starters with a 25-4 record, and they had a tremendous bullpen, led by Luis Arroyo. They walked all over Cincinnati in five games in the World Series. And this team is not even mentioned. And how about the Cincinnati team of the mid-'70s?
BUSINESS
July 28, 1989 | NANCY RIVERA BROOKS, Times Staff Writer
Bristol-Myers--maker of such products as Ban, Excedrin and Drano--and Squibb--a prescription drug manufacturer that makes a widely used high blood pressure drug--said Thursday that they have agreed to a $12-billion stock-swap merger. The deal would create the world's second-largest drug company. The two firms said they sought each other's company to better compete in the worldwide market, joining a consolidation push that is rapidly shrinking the ranks of the drug industry.
BUSINESS
June 28, 1987 | James Flanigan
Two significant events in the development of biotechnology, an industry that will change American medicine, occurred in the past month. And the more important was the purchase by Squibb Corp., the 130-year-old pharmaceutical company, of 5% ownership in Cetus Corp., the tiny 15-year-old biotech pioneer. The Squibb investment, which will total $115 million over five years, followed by weeks the Food and Drug Administration's refusal to approve a Genentech Inc.
BUSINESS
June 19, 1987
The big pharmaceutical concern will buy the stake in Cetus as part of a joint venture to develop, manufacture and market biotechnology-based drugs. Princeton, N.J.-based Squibb will pay about $40 million for the Cetus equity and provide about $75 million to fund Cetus research and development. The Emeryville, Calif.-based biotechnology firm will license to Squibb Interleukin-2, an anti-cancer agent Cetus manufactures through genetic engineering, for sale outside North America and Western
BUSINESS
March 31, 1988
Jan Leschly has been named president and chief operating officer of Squibb Corp., a pharmaceutical company based in New York. Charles Sanders was named vice chairman. Leschly and Sanders both were formerly executive vice presidents and will continue as members of the office of the chief executive.
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