Wyeth

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Wyeth

logo
legal form Corporation
founding 1860
resolution 2009
Reason for dissolution takeover
Seat Madison , United StatesUnited StatesUnited States 
Number of employees 50,527 (2007)
sales 22,399.8 million US dollars (2007)
Branch pharmacy
Website wyethnutrition.com

Wyeth , formerly known as American Home Products (AHP), is its subsidiary after the Pfizer takeover . Until then, Wyeth was one of the ten largest pharmaceutical companies in the world. The company's headquarters were in Madison , New Jersey , USA .

history

At the beginning of the company's history there was a pharmacy that the pharmacist John Wyeth opened in Philadelphia in 1860 together with his brother Frank . At the suggestion of doctors, he began to produce frequently prescribed drugs in reserve. The concept was successful and became the cornerstone of today's global group.

On January 26, 2009, the previous competitor Pfizer announced the takeover of Wyeth for an acquisition value of approximately 68 billion US dollars. The acquisition was completed on October 15, 2009.

In the United States, there are currently claims for damages pending for alleged side effects of the hormone “Prempro”, which was sold to women for menopausal symptoms .

Wyeth Germany

Wyeth Munster

The Wyeth Pharma GmbH , based in Münster was one of the research-based pharmaceutical companies in Germany.

The German subsidiary of the group was founded in Hamburg in 1960 . When no suitable property was found for the planned production facility in the Hanseatic city, the decision was made to move to Münster. In 1963 Wyeth started at the new location.

Wyeth had located most of its European manufacturing capacity in Ireland. In Münster, Wyeth Pharma mainly concentrated on the areas of medicine, marketing and sales. After the completion of the takeover of Wyeth, the competencies of both companies were bundled under one roof in 2010: the internal services of the Wyeth divisions for human medicinal products and animal health were concentrated in Berlin and their previous locations in Münster / Westphalia and Würselen were closed. The Whitehall-Much division, which in Germany stood for the over-the-counter products from Wyeth (Consumer Healthcare), was also relocated to Berlin. The Wyeth distribution was also relocated from Münster / Westphalia to Karlsruhe.

Web links

Commons : Wyeth  - collection of images, videos and audio files

Individual evidence

  1. a b Wyeth: Financial Report 2007. (PDF; 587 kB) Retrieved on January 26, 2009 (English).
  2. ^ Pfizer, Inc .: Pfizer to Acquire Wyeth, Creating the World's Premier Biopharmaceutical Company. (No longer available online.) January 26, 2009; Archived from the original on December 19, 2011 ; Retrieved January 26, 2009 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / mediaroom.pfizer.com
  3. ^ Wallace Witkowski: Pfizer completes acquisition of Wyeth. In: marketwatch.com. October 15, 2009, accessed January 2, 2018 .
  4. Natasha Singer, Duff Wilson: Menopause, as Brought to You by Big Pharma. The New York Times , December 12, 2009.
  5. Westfälische Nachrichten: Wyeth employees from Münster should reapply to Pfizer in Berlin. Retrieved February 28, 2010 .
  6. Wyeth becomes Pfizer: Merger in Germany completed , Pfizer press release July 5, 2010.