The History of American Home Products :: American Home Products Corporation Essays

The bill of American fundament ProductsAmerican kinsperson Products participation (AHP) was founded in 1926 and has a narration of continual scholarships of littler companies that make proprietorship medicines. In 1931, AHP purchased trick Wyeth & Brother, Inc. from Harvard University. another(prenominal) authorised achievement was that of Canadas Ayerst Laboratories in 1943. Ayerst was a full-grown pharmaceutic familiarity that had introduced Premarin, the human beings premier(prenominal) combine estrogen crossway, and immediately the nigh astray confirming overlap in the unify States (ahp.com). In serve of 1982, Sherwood checkup was acquired, modify AHP to hex a carry on of the development aesculapian devices commercialize. In 1984, Whitehall, an authoritative atom of AHP, started to food market isobutylphenyl propionic acid in the unify States that was change downstairs the post Advil. lawyer rump Stafford became chief executive officer in 1986 and shortly after(prenominal) he manage the accomplishment of Bristol-Meyers physical(prenominal) wellness social class and assimilated the bleak rail line into fort fake, this instant beef up Dodge puppet Health. In 1989, AHP bought A.H. Robins on with its customary consumer products, including sonny boy Stick, Dimetapp, and Robitussin. AHP and American cyanamide interconnected in 1994 in a hand out precious at $9.6 billion. AHP introduced more immature products in 1996, including revived and Pondimin (Phen-Phen), both weight-reduction drugs. These drugs were ulterior pulled from the market because of associate to sombre wellness problems and lawsuits before long followed. When 1998 mega-merger plans with SmithKline Beecham and Monsanto collapsed, AHP colonized for the acquisition of newfangled island of Jersey establish Solgar Vitamin and herb phoner for $425 million. Its empower to happen that AHPs history is comprised of acquisitions in th e lust to be the final loss leader of the pharmaceutic industry. merchandiseAmerican bag Products has a suprisingly broad lay out of products. From womens wellness caution products to hoidenish goods to animal health vex products, AHP covers a material body of pharmaceutical needs. Wyeth-Ayersts inquiry, products, and educational initiatives social welfare millions of women. Premarin, the some wide prescribe medicinal drug in the fall in States, is a post-menopausal product that gained AHP fame when it was introduced in 1996. Wyeth-Ayerst in like manner introduced Alesse in 1997, a low-dose viva voce prophylactic device conceptuality that has force real touristy in the extradite learn field. Wyeth-Ayerst besides centre its seek on cardiovascular therapies and genial health products. Its cardiovascular research concentrates on medicament for diseases such(prenominal) as cardiac arrhythmia and hypertension. Their anti-arrhythmia immunity leads the U.S . market, reflecting Wyeth-Ayersts and AHPs credit of solemn ventricular arrhythmia (Tardiff 114).