TRADE: Drug Mystery

Frank Donald Coster graduated from Heidelberg with an M.D. and a Ph.D., practiced medicine in New York City from 1912 to 1914. He quit practice to become president of Girard & Co., a small drug manufacturer owned by his mother's family. In 1926 he bought control of McKesson & Robbins, old and honored New York drug house, and made it the nucleus of a nationwide manufacturing and distributing business.

To McKesson & Robbins, Inc., whose 1928 expansion was underwritten by Goldman, Sachs and Bond & Goodwin, Dr. Coster transferred a private enterprise of...

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