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American pharmaceutical company

Warner Chilcott

  • 1 min read

Key facts

inception1968
instance ofpharmaceutical company
founderAllen McClay
All data from the card 6
Industry
Pharmaceutical industry
Founded
1968
Founder
Allen McClay
Defunct
October 1, 2013
Fate
Acquired by Actavis (now Allergan)
Headquarters
Rockaway, New Jersey

Warner Chilcott (formerly Galen) was a company in the pharmaceutical industry based in Rockaway, New Jersey. It was primarily focused on women's healthcare and dermatology. On October 1, 2013, the company was acquired by Actavis (now Allergan).

History

Predecessor companies

Galen

In 1968, Sir Allen McClay founded Galen, a sales and marketing organization focused on branded pharmaceutical products in the United Kingdom and the Republic of Ireland.

In 1997, the company listed its shares on the London Stock Exchange and the Irish Stock Exchange.

Warner Chilcott

Warner Chilcott was the generic drug business of Warner–Lambert.

The company Warner-Chilcott published at least one pocket book, 1000 Calories: Your Diet Program, in 1966, in Morris Plains, New Jersey.

In 1996, it was sold to Nale Laboratories P.L.C.

In 2004, the company was acquired by several private equity firms. In 2006, it became a public company via an initial public offering.

Merger of Galen and Warner Chilcott

In 2000, Galen acquired Warner Chilcott and listed its American depositary receipts on NASDAQ.

In 2004, the company changed its name from Galen to Warner Chilcott.

Post-merger

In August 2004, the company prevailed in a patent case by Teva Pharmaceutical Industries related to Sarafem (Fluoxetine). On May 19, 2006, the company received approval from the Food and Drug Administration for Sarafem.

On October 30, 2009, the company acquired the prescription drug business of Procter & Gamble for $3.1 billion.

On October 1, 2013, the company was acquired by Actavis (now Allergan).

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Text from Wikipedia, CC BY-SA 4.0 · Source article