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The word pharmacy is derived from Old French farmacie "substance, such as a food or in the form of a medicine which has a laxative effect" from Medieval Latin pharmacia from Greek pharmakeia (Ancient Greek: φαρμακεία) "a medicine", which itself derives from pharmakon (φάρμακον), meaning "drug, poison, spell" [44] [45] [a ...
The history of pharmacy as a modern and independent science dates back to the first third of the 19th century. Before then, pharmacy evolved from antiquity as part of medicine . Before the advent of pharmacists, there existed apothecaries that worked alongside priests and physicians in regard to patient care.
Pharmacia company was founded in 1911 in Stockholm, Sweden by pharmacist Gustav Felix Grönfeldt at the Elgen Pharmacy. [1] [2] The company was named after the Greek word φαρμακεία, transliterated pharmakeia, which means 'sorcery'.
An apothecary in the 15th century. Apothecary (/ ə ˈ p ɒ θ ə k ər i /) is an archaic English term for a medical professional who formulates and dispenses materia medica (medicine) to physicians, surgeons and patients.
The history of pharmacy has lagged behind other fields in the history of science and medicine, perhaps because primary sources in the field are sparse. [5] Historical inquiries in this area have been few, and unlike the growing number of programs in the history of medicine, history of pharmacy programs remain few in number in the United States. [6]
The Bayer-Monsanto merger is widely considered to be one of the worst mergers in history, mostly due to the exposure to Roundup litigation. [ 109 ] [ 14 ] [ 15 ] [ 16 ] By 2023, Bayer's market value had declined by over 60% since its 2016 merger, leaving the company's overall worth at less than half of what it paid to acquire Monsanto.
In 1995, Upjohn merged with Pharmacia AB to form Pharmacia & Upjohn. [5] The company was owned by Pfizer from 2002 until 2020. In 2015, Pfizer resurrected the Upjohn brand name for a division which manufactures and licenses drugs with patents that have expired. As of 2019, Pfizer planned to divest itself of this business in 2020. [6]
G.D. Searle, LLC is a wholly owned subsidiary of Pfizer. [1] It is currently a trademark company and subsidiary of Pfizer, operating in more than 43 countries. It also operates as a distribution trademark for various pharmaceuticals that were developed by G. D. Searle & Company (often referred to as Searle).