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G. D. Searle & Company

Trademark and subsidiary of Pfizer Inc


Summary

Trademark and subsidiary of Pfizer Inc

FieldValue
nameG. D. Searle & Company
logoSearle_Company_logo.svg
typeSubsidiary of Pfizer
traded_asNYSE: GDS (no longer trading)
foundation(as G. D. Searle & Company)
founderGideon Daniel Searle
locationNew York City, United States
industryPharmaceutical
productsPharmaceutical products
homepage

G. D. Searle & Company (often referred to as Searle) was an American pharmaceutical company, now owned by Pfizer. Searle is most notable for having developed the first female birth control pill, and the artificial sweetener NutraSweet. Searle also developed the drug Lomotil, an antidiarrheal medication. One notable alumnus of Searle was Donald Rumsfeld, the Secretary of Defense for George W. Bush in the 2000s. Prior to its 1985 merger with Monsanto, Searle was a company mainly focusing on life sciences, specifically pharmaceuticals, agriculture, and animal health.

History

In , Gideon Daniel Searle founded Searle in Omaha, Nebraska. The company incorporated in 1908 and established headquarters in Skokie, Illinois in 1941.

Daniel C. Searle served as the chief executive officer and president of G. D. Searle & Co from 1970 to 1977 and initially led efforts to gain FDA approval of the artificial sweetener aspartame.

Between 1977 and 1985, Donald Rumsfeld was CEO, and then president, of Searle. In 1985, he negotiated the acquisition of Searle by Monsanto Corporation.

In 1993, a team of researchers at Searle Research and Development filed a patent application for celecoxib, which Searle developed and which became the first selective COX-2 inhibitor to be approved by the FDA on December 31, 1998. Control of this blockbuster drug was often mentioned as a key reason for Pfizer's acquisition of Pharmacia.

Monsanto merged with Pharmacia & Upjohn in 2001, including the Searle pharmaceutical assets. After spinning off its agrochemical and biotechnical business units under the Monsanto name, the new company (known as Pharmacia) was acquired by Pfizer in 2003.

Products

The company manufactures prescription drugs and nuclear medicine imaging equipment. Searle is known for its release of Enovid, the first commercial oral contraceptive, in 1960.

In 1996, the FDA removed all restrictions on the use of aspartame, which enabled its use in heated and baked goods. G. D. Searle's patent on aspartame was extended in 1981 and ultimately expired in December 1992.

References

References

  1. "G.D. Searle Develops the Pill {{!}} American Experience".
  2. "Searle family".
  3. (2007-11-06). "Daniel C. Searle: 1926 – 2007".
  4. Broida, Judith K.. (April 1991). "Sweet Success: How NutraSweet Created a Billion Dollar BusinessSweet Success: How NutraSweet Created a Billion Dollar Business By McCannJoseph E., Homewood, IL: Business One Irwin. 1990—194 pages. $24.95". Academy of Management Perspectives.
  5. (2021-07-02). "The Known Knowns of Donald Rumsfeld".
  6. "Rumsfeld's Remedy for Searle".
  7. (1985-07-19). "Mnsanto to Acquire G. D. Searle". The New York Times.
  8. "Substituted pyrazolyl benzenesulfonamides".
  9. "Drug Approval Package: Celebrex (Celecoxib) NDA# 20-998".
  10. (July 16, 2002). "Pfizer to Buy Pharmacia For $60 Billion in Stock". [[The Wall Street Journal]].
  11. (December 20, 1999). "Monsanto and Pharmacia to Join, Creating a Pharmaceutical Giant". The New York Times.
  12. Broster, Alice. "60 Years Since The FDA's Approval Of The Birth Control Pill".
  13. Martin, Michael J. C.. (September 16, 1994). "Managing Innovation and Entrepreneurship in Technology-based Firms". John Wiley & Sons.
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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