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:

    A country grows in history not only because of the heroism of its troops on the field of battle, it grows also when it turns to justice and to right for the conservation of its interests.
    Aristide Briand (1862–1932)

    Only the history of free peoples is worth our attention; the history of men under a despotism is merely a collection of anecdotes.
    —Sébastien-Roch Nicolas De Chamfort (1741–1794)

    Classes struggle, some classes triumph, others are eliminated. Such is history; such is the history of civilization for thousands of years.
    Mao Zedong (1893–1976)