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:
“Revolutions are the periods of history when individuals count most.”
—Norman Mailer (b. 1923)
“English history is all about men liking their fathers, and American history is all about men hating their fathers and trying to burn down everything they ever did.”
—Malcolm Bradbury (b. 1932)
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (1818–1883)