Wyeth

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Wyeth

Wyeth (pronounced /ˈwaɪ.ɛθ/) was a renowned American pharmaceutical company. The company was established in Philadelphia, Pennsylvania, in 1860 as John Wyeth and Brother. It was later acquired by Pfizer in 2009.

Etymology

The name "Wyeth" is derived from the surname of its founder, John Wyeth. The company was initially named "John Wyeth and Brother" to include his brother Frank Wyeth as a partner.

History

Wyeth was a pioneer in the pharmaceutical industry, with a history that spanned over 150 years. The company was known for its significant contributions to health and well-being, with a focus on research and development of innovative medicines and treatments. Wyeth's products were sold worldwide and included popular over-the-counter (OTC) brands and prescription medications.

In 2009, Wyeth was acquired by Pfizer, one of the world's largest pharmaceutical companies. The merger expanded Pfizer's portfolio of products and strengthened its position in the pharmaceutical industry.

Related Terms

  • Pharmaceutical industry: The industry dedicated to the discovery, production, and marketing of drugs or medications.
  • Pfizer: An American multinational pharmaceutical corporation, one of the world's largest pharmaceutical companies.
  • Over-the-counter (OTC) drug: Drugs that are safe and effective for use by the general public without needing a prescription.
  • Prescription medication: Medicines that require a medical prescription to be dispensed.

See Also

External links

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