Dr Peter Williams, Secretary and Director Wellcome Trust

Interviewee joined the Trust in 1960 as Assistant Scientific Secretary to the Trustees.

Topics discussed include:

* overview of the Trust's creation and purpose

* pencillin

* Empirin

* relationship between UK and USA companies, US financing UK, independence of US company, Bill Creasy and Fred Coe

* relationship and communication between BW and WT, dividend paid to WT

* AJ Shepperd, management of BW * Trust chairmen, Steel and Franks, and their working relationship with BW

* Sir John Vane, remarks about his role as Director of Research

* process of creating products from research, nature of the research process and focus in BW

* Wellcome Research Labs in Beckenham, staffing, strcuture

* flotation, its effects on relationship between Trust and company

* Burroughs Wellcome Foundation, USA

* departure of Bill Sullivan.

2 audiocassettes Tape 34

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