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Thursday, 19 May 2011 03:53

Can sex save the Barnes?

Dr Barnes, chemist turned collector, and right, the original Argyrol Dr Barnes, chemist turned collector, and right, the original Argyrol

If the company that is recreating the “miracle” medicine that earned a fortune for Albert C. Barnes have their way, the cantankerous chemist’s art collection might stay in its suburban home in Merion rather than move to a new home being built nearby in central Philadelphia.

Argyrol Pharmaceuticals promises that an injection of cash from its future revenues—10% of profits—could be a cure for the Barnes Foundation’s financial difficulties, which first prompted the relocation.

Argyrol, an antiseptic, “can treat sexually transmitted diseases”, according to Christine McKinney, who owns the trademark to Argyrol’s essential molecule. In a startling claim, the company marketing the drug says that it attacks genital herpes and HIV, besides treating eye infections and acne, foreseeing a potential global market. Trademarked in 1902, Argyrol was widely used to treat infections, particularly gonorrhoea, in the last century.

In 1925 Barnes built the Paul Cret-designed Merion gallery to house his collection of impressionist and post-impressionist paintings and artefacts. Barnes sold the Argyrol trademark to the pharmaceutical firm Zonite in 1929, using the profits to bankroll his acquisitions.

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