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 second half of the name came from Jordan Wheat Lambert, founder of the Lambert Pharmacal Company of St. Louis,[1] famous for Listerine. The two companies merged in 1955, to form Warner–Lambert.[2]
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.[3]
1962 Warner-Lambert bought American Chicle, one of the world's largest manufacturers of gums and mints. The 1965 acquisition of a small cough tablet company in the United Kingdom resulted in the success of the Halls Mentho-Lyptus brand on a global scale. In 1976, Warner–Lambert took over Parke-Davis, 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.[4][5]
Its subsidiary Parke-Davis marketed the antidiabetic drug Rezulin, which was approved by the FDA in January 1997 but withdrawn by them in early 2000.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 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.[6] In February 2000, Pfizer bought Warner Lambert along with all of its subsidiary companies.[7] The headquarters of Warner–Lambert in Morris Plains, New Jersey, was subsequently used by Pfizer, Johnson & Johnson, and Honeywell.
ReferencesEdit
^"Lambert Pharmacal Company". www.rdhinstl.com. Retrieved June 3, 2019.
^"Pfizer Warner Lambert". WARNER LAMBERT. Retrieved 2023-08-02.
^Pace, Eric (December 10, 1984). "W.S. Lasdon, philanthropist and a drug executive, dies". The New York Times.
^"Company news; Warner-Lambert acquires Wilkinson Sword". The New York Times. March 23, 1993. Retrieved May 27, 2018.
^"Warner-Lambert to Acquire Agouron Pharmaceuticals". The New York Times. January 27, 1999. Retrieved May 27, 2018.
^Koberstein, Wayne (May 1998). "Master Launchers". Pharmaceutical Executive.
^"Pfizer Gets Its Deal to Buy Warner-Lambert for $90.2 Billion". The New York Times. February 7, 2000. Retrieved May 27, 2018.
External linksEdit
, Pfizer
October 20, 2023
warner, lambert, american, pharmaceutical, company, typeprivateindustrypharmaceuticalfounded1856, years, 1856, philadelphia, pennsylvania, founderwilliam, warnerdefunct2000, 2000, fateacquired, pfizer, 2000headquartersmorris, plains, parentpfizerhistory, editf. Warner Lambert was an American pharmaceutical company Warner LambertTypePrivateIndustryPharmaceuticalFounded1856 167 years ago 1856 Philadelphia Pennsylvania U S FounderWilliam R WarnerDefunct2000 2000 FateAcquired by Pfizer in 2000HeadquartersMorris Plains ParentPfizerHistory EditFormerly 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 second half of the name came from Jordan Wheat Lambert founder of the Lambert Pharmacal Company of St Louis 1 famous for Listerine The two companies merged in 1955 to form Warner Lambert 2 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 3 1962 Warner Lambert bought American Chicle one of the world s largest manufacturers of gums and mints The 1965 acquisition of a small cough tablet company in the United Kingdom resulted in the success of the Halls Mentho Lyptus brand on a global scale In 1976 Warner Lambert took over Parke Davis 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 4 5 Its subsidiary Parke Davis marketed the antidiabetic drug Rezulin 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 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 6 In February 2000 Pfizer bought Warner Lambert along with all of its subsidiary companies 7 The headquarters of Warner Lambert in Morris Plains New Jersey was subsequently used by Pfizer Johnson amp Johnson and Honeywell References Edit Lambert Pharmacal Company www rdhinstl com Retrieved June 3 2019 Pfizer Warner Lambert WARNER LAMBERT Retrieved 2023 08 02 Pace Eric December 10 1984 W S Lasdon philanthropist and a drug executive dies The New York Times Company news Warner Lambert acquires Wilkinson Sword The New York Times March 23 1993 Retrieved May 27 2018 Warner Lambert to Acquire Agouron Pharmaceuticals The New York Times January 27 1999 Retrieved May 27 2018 Koberstein Wayne May 1998 Master Launchers Pharmaceutical Executive Pfizer Gets Its Deal to Buy Warner Lambert for 90 2 Billion The New York Times February 7 2000 Retrieved May 27 2018 External links EditWarner Lambert A History Pfizer Retrieved from https en wikipedia org w index php title Warner Lambert amp oldid 1172424442, wikipedia, wiki, book, books, library,
