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:

    “Spain is an overflow of sombreness ... a strong and threatening tide of history meets you at the frontier.”
    —Wyndham Lewis (1882–1957)

    “To summarize the contentions of this paper then. Firstly, the phrase ‘the meaning of a word’ is a spurious phrase. Secondly and consequently, a re-examination is needed of phrases like the two which I discuss, ‘being a part of the meaning of’ and ‘having the same meaning.’ On these matters, dogmatists require prodding: although history indeed suggests that it may sometimes be better to let sleeping dogmatists lie.”
    —J.L. (John Langshaw)

    “The history of persecution is a history of endeavors to cheat nature, to make water run up hill, to twist a rope of sand.”
    —Ralph Waldo Emerson (1803–1882)