He said Sterling Winthrop had about $70 million in after-tax profits on the $1.2 billion in 1993 sales.

In 1994, the diagnostic division of US based Sterling Winthrop was acquired.

Sterling Drug Company became the Sterling Winthrop.

They were working at Sterling Winthrop, an Eastman Kodak unit that was being bought by Sanofi, a French drug company.

Bayer was among the bidders on purchase of Sterling Winthrop, however it lost to the British company SmithKline Beecham.

Sterling Winthrop. which markets paracetamol under the trade name Panadol, says that an application for a product licence is imminent.

Sterling Winthrop's nonprescription drug business will be sold to SmithKline Beecham for $2.93 billion.

The bride is the director of management development in New York at Sterling Winthrop, a pharmaceuticals company.

Eastman Kodak officials say they have no plans to sell Sterling Winthrop, but analysts predict Elf Sanofi will buy it.

Sterling Winthrop and Bristol-Myers Squibb are based in New York.