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:

    There is a history in all men’s lives,
    Figuring the natures of the times deceased,
    The which observed, a man may prophesy,
    With a near aim, of the main chance of things
    As yet not come to life.
    William Shakespeare (1564–1616)

    In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.
    Ralph Waldo Emerson (1803–1882)

    False history gets made all day, any day,
    the truth of the new is never on the news
    False history gets written every day
    ...
    the lesbian archaeologist watches herself
    sifting her own life out from the shards she’s piecing,
    asking the clay all questions but her own.
    Adrienne Rich (b. 1929)