CORPORATIONS: Wonder Drugs' Wonder

CORPORATIONS Wonder Drugs' Wonder In the new world of antibiotic wonder drugs, one of the wonders is the growth of the industry itself. In only eight years, it has become a $250-million-a-year business supplying drugs for half of all doctors' prescriptions. Among the industry's 15 companies, none has grown faster than Brooklyn's Chas. Pfizer & Co., world's largest maker of antibiotics. Pfizer is well aware that it is in a fast-moving, chance-taking business where discoveries, not only of new drugs but of new ways to cut costs and prices, come fast. "In our industry," says President John E. McKeen, "we...

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