Medicine: A Profitable Sideline

Ever since the antibiotic era dawned, the miracle drugs made from molds have had no more ardent champion than a tough-looking, hard-working civil servant named Henry Welch. Starting with a 1943 crash project to develop standards for penicillin and methods of testing its purity and potency, he advanced to become undisputed czar of the industry. So bright did Welch's star shine that his bosses in the Food and Drug Administration boosted him from chief of the Antibiotics Division, at $14,450 a year, to the supergrade rank of director, at $17,500.

Last week, as the full story of Henry Welch's career unfolded...

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