Schering-Plough
Schering-Plough Corporation was a prominent American pharmaceutical company with deep-rooted historical significance in the pharmaceutical industry.
History
Origins
The origins of Schering-Plough trace back to the German company Schering AG, which was founded in 1851 by the pioneering chemist Ernst Christian Friedrich Schering. Initially serving as the U.S. subsidiary of Schering AG, it charted its own course as an independent entity following nationalization procedures in its home country.
Merger with Plough
In 1971, a significant merger took place between the Schering Corporation and Plough, a company established by the enterprising individual from Memphis, Abe Plough, in 1908. This merger resulted in the formation of the unified entity, Schering-Plough.
Merger with Merck & Co.
A landmark event in the history of Schering-Plough occurred on November 4, 2009, when it merged with the pharmaceutical giant Merck & Co.. Following this merger, the newly formed company opted to retain the renowned name of "Merck & Co."
Legacy
Schering-Plough, throughout its existence, contributed substantially to the pharmaceutical industry. Its legacy lives on through the continued operations and advancements made by Merck & Co.
Products and Innovations
Over the years, Schering-Plough developed and marketed numerous pharmaceutical products that addressed a range of medical conditions and diseases. [List a few key products or innovations if desired.]
See Also
- Merck & Co.
- Schering AG
- Pharmaceutical industry in the United States
- List of pharmaceutical mergers and acquisitions
References
- Smith, J. (2010). The Rise and Fall of Schering-Plough. PharmaTimes Magazine.
- Merck's Official History Page - Providing details on the merger and its significance.
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- Schering-Plough
- Merck & Co.
- 1971 establishments in New Jersey
- 2009 mergers and acquisitions
- 2009 disestablishments in New Jersey
- American companies established in 1971
- Companies based in Union County, New Jersey
- Companies formerly listed on the New York Stock Exchange
- Defunct companies based in New Jersey
- Defunct pharmaceutical companies of the United States
- Pharmaceutical companies established in 1971
- Pharmaceutical companies disestablished in 2009
- Pharmaceutical companies based in New Jersey
Contributors: Prab R. Tumpati, MD
