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  1. <text id=92TT0683>
  2. <title>
  3. Mar. 30, 1992: Business Notes:Pharmaceuticals
  4. </title>
  5. <history>
  6. TIME--The Weekly Newsmagazine--1992               
  7. Mar. 30, 1992  Country's Big Boom                    
  8. </history>
  9. <article>
  10. <source>Time Magazine</source>
  11. <hdr>
  12. BUSINESS, Page 51
  13. Business Notes
  14. PHARMACEUTICALS
  15. Strategic Withdrawal
  16. </hdr><body>
  17. <p>     Dow Corning Corp., which pioneered silicone-gel breast
  18. implants in 1962, last week became the third manufacturer to
  19. abandon the market. The target of hundreds of lawsuits that could
  20. cost the company $1 billion, Dow Corning finally succumbed to the
  21. national furor that erupted over allegations that the implants
  22. can cause major health problems.
  23. </p>
  24. <p>     Even as the company withdrew, it insisted that there is no
  25. proof that leakage from Dow implants causes significant damage.
  26. But it announced a $10 million fund for research into implant
  27. questions and said it will pay up to $1,200 (of a cost that
  28. ranges from $500 to $5,000) for customers who cannot afford
  29. surgery for necessary removal.
  30. </p>
  31. <p>     Two companies still manufacture the implants, and a
  32. million American women continue to live with implants--most
  33. without complaint.
  34. </p>
  35.  
  36. </body></article>
  37. </text>
  38.  
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