With the key = ON, pull an injector connector off and measure the pink wire to engine ground (not to the other terminal) for voltage. There should be system voltage.
Next test:
Turn key to RUN. Do you hear the fuel pump run for a few seconds then stop? (Should be YES). (If = No, you have other problems. Report back).
Flick key to START for just a second. Enough to turn the distributor perhaps 1/2 a revolution. Return key to RUN.
Do you again hear the fuel pump running for a few seconds then stop? (Must be YES).
If = NO, the ECM did not recieve reference pulses. Check the 4-pin connector at the rear of the distributor. If = Ok, Replace the Ignition Control Module. (ICM).
Note: Because you have spark (the engine fires on Ether), the pick-up coil in the distributor should be Ok. The portion of the ECM that controls the coil is also Ok. the portion that outputs the ref pulses to the ECM (pur/wht wire in the 4-pin) is NOT Ok. << I have only had ONE ICM fail in this manner in 25+ years of messing with numerous GM engines that use this ICM. But it happened to me ONCE. The fuel pump "does it run the second time" test I outlined above led me to the bad ICM in less than 10 minutes of trouble shooting.
Note II: I would check the resistance of the ignition pick-up coil, just to be sure: Unplug it from the ICM, measure Ohms between the white and green wires. Should be 500-1500 ohms to each other (my recollection is that about 850 ohms is typical), and infinite ohms to the distributor body. Wiggle the wires while checking, there should be no changes.