Pharmaceutical company

Definition and stakes

Anonymous,  Simpson's Chelsea, Pimlico, Brompton…

“ Genuine Patent Medicines. Soda, Potass, Seltzer, and other Mineral Waters.
Agent to the British Empire Mutual Life Assurance Company.
p. 3G. W. PARNELL,
PHARMACEUTICAL CHEMIST,
11, VICTORIA ROAD, PIMLICO.
Prescriptions and FAMILY RECIPES are carefully prepared at this Establishment with Drugs of the purest quality, by duly qualified Assistants, under the immediate superintendence of the Principal, and dispensed in strict accordance with the Formulæ of the British and Foreign Pharmacopœias.
”
Source: Gutenberg

Council on Pharmacy and Chemistry,  The Propaganda for Reform in Proprietary Medicines…

“ The profits to be made by a pharmaceutical house from the sale of a staple drug—a pharmacopeial, National Formulary, or nonproprietary preparation—which enters into free competition with other drugs of the same kind, are moderate; the profits to be made from the sale of a proprietary medicine on which the manufacturer holds a monopoly are usually large—sometimes enormous. ”
Source: Gutenberg

Council on Pharmacy and Chemistry,  The Propaganda for Reform in Proprietary Medicines…

“ The complexity of modern medicine, especially in the pharmacologic field, has made it a physical impossibility for physicians to know the scientific status of scores of pharmaceutical products put out under proprietary or brand names. It was recognition of this fact that brought about the creation by the American Medical Association of the Council on Pharmacy and Chemistry. ”
Source: Gutenberg

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