Warner Chilcott - History

History

In 1968 the Company was founded by Sir Allen McClay as Galen, a sales and marketing organisation focused on branded pharmaceutical products in the UK and Republic of Ireland. The company listed its shares on the London Stock Exchange and Irish Stock Exchange.

In 2000, Galen acquired the Warner Chilcott US pharmaceutical company which is focused on women’s healthcare, and simultaneously listed its ADRs on NASDAQ. In 2004, the company changed its name from Galen to Warner Chilcott.

On October 30, 2009, Warner Chilcott closed a deal to acquire Procter & Gamble's prescription-drug business for $3.1 billion, according to the Wall Street Journal; the deal had been announced on August 24, 2009

Warner Chilcott markets Sarafem (fluoxetine or 'Prozac') which is manufactured by Eli Lilly and Company.

Read more about this topic:  Warner Chilcott

Famous quotes containing the word history:

    This is the greatest week in the history of the world since the Creation, because as a result of what happened in this week, the world is bigger, infinitely.
    Richard M. Nixon (1913–1995)

    Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.
    Henry David Thoreau (1817–1862)

    The history of the world is none other than the progress of the consciousness of freedom.
    Georg Wilhelm Friedrich Hegel (1770–1831)