Warner–Lambert
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Warner–Lambert was an American
pharmaceutical company The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, vaccinate them, or alleviate sympt ...
.


History

Formerly two separate entities, the first company was started in 1856, when William R. Warner founded a drug store in Philadelphia. Warner went on to invent a tablet coating process gaining him a place in the
Smithsonian Institution The Smithsonian Institution ( ), or simply the Smithsonian, is a group of museums and education and research centers, the largest such complex in the world, created by the U.S. government "for the increase and diffusion of knowledge". Found ...
. The second half of the name came from Jordan Wheat Lambert, founder of the Lambert Pharmacal Company of St. Louis, famous for Listerine. The two companies merged in 1955, to form Warner–Lambert. Over the years, the company expanded through many mergers and acquisitions to become an international competitor in several businesses. In 1956, Warner-Lambert acquired Nepera Chemical (the makers of Anahist) from the Lasdon family, many of whom then became officers and directors of the merged business. In 1976, Warner–Lambert took over
Parke-Davis Parke-Davis is a subsidiary of the pharmaceutical company Pfizer. Although Parke, Davis & Co. is no longer an independent corporation, it was once America's oldest and largest drug maker, and played an important role in medical history. In 19 ...
, which was founded in Detroit in 1866, by Hervey Parke and George Davis. This was followed by acquisitions of Wilkinson Sword in March 1993, and Agouron Pharmaceuticals in January 1999. Its subsidiary Parke-Davis marketed the antidiabetic drug
Rezulin Troglitazone is an antidiabetic and anti-inflammatory drug, and a member of the drug class of the thiazolidinediones. It was prescribed for people with diabetes mellitus type 2. It was patented in 1983 and approved for medical use in 1997. It ...
, which was approved by the FDA in January 1997 but withdrawn by them in early 2000. In the end of the 1990s, Warner–Lambert formed an alliance with
Pfizer Pfizer Inc. ( ) is an American multinational pharmaceutical and biotechnology corporation headquartered on 42nd Street in Manhattan, New York City. The company was established in 1849 in New York by two German entrepreneurs, Charles Pfize ...
to bring its drug Lipitor to market. Lipitor launched in January 1997 to resounding success, reaching $1B in domestic sales within its first twelve months on the market. In February 2000, Pfizer bought Warner Lambert along with all of its subsidiary companies. The headquarters of Warner–Lambert in
Morris Plains, New Jersey Morris Plains is a borough in Morris County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 5,532,Johnson & Johnson Johnson & Johnson (J&J) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average and the company i ...
, and
Honeywell Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance ma ...
.


References


External links


Warner-Lambert: A History
Pfizer {{DEFAULTSORT:Warner-Lambert Pharmaceutical companies based in New Jersey Pfizer Pharmaceutical companies established in 1856 Pharmaceutical companies disestablished in 2000 Companies based in Morris County, New Jersey Defunct companies based in New Jersey 1856 establishments in Pennsylvania 2000 mergers and acquisitions 2000 disestablishments in New Jersey