Hoechst AG

Information about Hoechst AG



Hoechst AG was a German life-sciences company that became Aventis after its merger with Rhône-Poulenc S.A. in 1999. It has been called "The pharmacy of the world" due to its important role in the world's drug market.

History

The company was founded in 1863 as "Teerfarbenfabrik Meister, Lucius & Co." in Höchst, near Frankfurt and changed its name some years later to "Teerfarbenfabrik Meister Lucius & Brüning". In 1880 it became a stock company "Farbwerke vorm. Meister Lucius & Brüning AG". For the international market the name was simplified to "Farbwerke Hoechst AG". Until 1925 the Hoechst AG was independent. The Hoechst AG was one of the co-founders. of IG Farben, founded 1916, a pressure group of Germany's chemicals industry to gain industrial power during WW I and afterwards. In 1925 the IG Farben turned from a pressure group into the well known conglomerate and was split up in 1951 into its founder companies. The Hoechst AG was re-founded on December 7, 1951 in Frankfurt. The original capitalization of the company was 100,000 Deutsche Mark.

1987 - Hoechst acquired the American chemical company Celanese and formed a new Hoechst subsidiary in the US, Hoechst Celanese.

1994 - The U.S. National Right to Life Committee announced a U.S. boycott of all Hoechst pharmaceutical products including Altace.

1994 (September 17) - Pharmacists For Life International joins the international boycott, "...against the American subsidiary of Hoechst, AG Hoechst-Roussel, Hoechst-Celanese, its generic subsidiary Coply Pharmaceuticals and the agricultural Hoechst subsidiary" while asking U.S. consumers to "focus on key Hoechst drugs which have the most economic impact rather than taking an across-the-board shotgun approach" and specifically listing Altace as a boycott list item.[1]

1995 - Hoechst mergers with Marion Merrill Dow of Kansas City, Missouri forming U.S. subsidiary Hoechst Marion Roussel (HMR). Altace was bringing in under $90 million in revenues for Hoechst and Hoechst had stopped promoting Altace within the United States.[2]

1995 - The King Pharmaceuticals President Jefferson "Jeff" Gregory first begins negotiations with Hoechst to acquire U.S. distribution rights to Altace.[3]

1997 - Hoechst underwent a realignment wherein its various businesses were transferred to independent companies, including Nutrinova and Clariant.

1997 (April 2) - The anti-abortion group Concerned Women For America announces at a National Right To Life Committee press briefing at the National Press Club that the anti-RU486 boycott against the U.S. subsidiaries of Hoechst AG & Roussel Uclaf by the NRTLC "...will be more narrowly focused onto the HMR prescription drugs Allegra, Cardizem, Seldane, Claforan, Lasix, DiaBeta, and Nicoderm" - and Altace is auspiciously no longer included by Concerned Women For Americas as a boycotted Hoechst Marion Roussel product.[4]

1998 (December 18) - The King Pharmaceuticals wholly owned subsidiary Monarch Pharmaceuticals, Inc. acquires ownership of U.S. distribution rights to Altace and other Hoechst products from Hoechst AG subsidiary Hoechst Marion Roussel of Kansas City, Missouri.[5]

1999 (December 7) - Hoechst and Rhone-Poulenc Settle Federal Trade Commission charges that merger would violate U.S. antitrust laws;

1999 - Aventis was formed when Hoechst AG merged with Rhône-Poulenc S.A. The merged company was based in Strasbourg, France. As part of the merger, the company demerged many of its industrial businesses into Celanese, which became an independent company again.

References

1. ^ [1]
2. ^ [2]
3. ^ [3]
4. ^ [4]
5. ^ [5]

External links

Anthem
"Das Lied der Deutschen" (third stanza)
also called "Einigkeit und Recht und Freiheit"
..... Click the link for more information.
Aventis Is a pharmaceutical and lab assay testing company. It was formed in 1999 when Rhône-Poulenc S.A. merged with Hoechst AG. The merged company was based in Strasbourg, France.

Sanofi-Aventis was formed in 2004 when Sanofi-Synthélabo purchased Aventis.
..... Click the link for more information.
Rhône-Poulenc was a French chemical and pharmaceutical company founded in 1928 with the merger of Société Chemique des Usines du Rhône and Établissements Poulenc Frères. In January 1999, Rhône-Poulenc merged with Hoechst AG to form Aventis.
..... Click the link for more information.
Höchst is a district of Frankfurt am Main, Germany.

Höchst am Main became part of Frankfurt am Main in 1928 together with its boroughs Sindlingen, Unterliederbach and Zeilsheim.
..... Click the link for more information.
Frankfurt am Main
The skyline of Frankfurt
Coat of arms Location

..... Click the link for more information.
IG Farben (short for Interessen-Gemeinschaft Farbenindustrie AG, "syndicate of dyestuff corporations", and also called I.G. Farbenfabriken) was a German conglomerate of companies formed in 1925 and even earlier during World War I.
..... Click the link for more information.
December 7 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.

Events

  • 1724 - Toruń Blood tribunal (German:

..... Click the link for more information.
19th century - 20th century - 21st century
1920s  1930s  1940s  - 1950s -  1960s  1970s  1980s
1948 1949 1950 - 1951 - 1952 1953 1954

Year 1951 (MCMLI
..... Click the link for more information.
German mark
Deutsche Mark (German)

Banknotes Coins
ISO 4217 Code DEM
User(s) Germany, Montenegro, Kosovo

ERM
Since 13 March 1979
..... Click the link for more information.
19th century - 20th century - 21st century
1950s  1960s  1970s  - 1980s -  1990s  2000s  2010s
1984 1985 1986 - 1987 - 1988 1989 1990

Year 1987 (MCMLXXXVII
..... Click the link for more information.
Celanese (NYSE:  CE ) is a large American chemical company based in Dallas, Texas. The company produces chemicals, fibers, pharmaceuticals and plastics, such as the thermoplastic cellulose acetate used to produce cigarette filters.
..... Click the link for more information.
Editing of this page by unregistered or newly registered users is currently disabled until (UTC) due to vandalism.
If you are prevented from editing this page, and you wish to make a change, please discuss changes on the talk page, request unprotection, log in, or
..... Click the link for more information.
The National Right to Life Committee is the largest right to life/pro-life organization in the United States with affiliates in all 50 states and over 3,000 local chapters nationwide.
..... Click the link for more information.
Ramipril (marketed as Tritace/Ramace or Altace) is an angiotensin-converting enzyme (ACE) inhibitor, used to treat hypertension and congestive heart failure. ACE inhibitors lower the production of angiotensin II, therefore relaxing arterial muscles while at the same
..... Click the link for more information.
Editing of this page by unregistered or newly registered users is currently disabled until (UTC) due to vandalism.
If you are prevented from editing this page, and you wish to make a change, please discuss changes on the talk page, request unprotection, log in, or
..... Click the link for more information.
Ramipril (marketed as Tritace/Ramace or Altace) is an angiotensin-converting enzyme (ACE) inhibitor, used to treat hypertension and congestive heart failure. ACE inhibitors lower the production of angiotensin II, therefore relaxing arterial muscles while at the same
..... Click the link for more information.
19th century - 20th century - 21st century
1960s  1970s  1980s  - 1990s -  2000s  2010s  2020s
1992 1993 1994 - 1995 - 1996 1997 1998

Year 1995 (MCMXCV
..... Click the link for more information.
Ramipril (marketed as Tritace/Ramace or Altace) is an angiotensin-converting enzyme (ACE) inhibitor, used to treat hypertension and congestive heart failure. ACE inhibitors lower the production of angiotensin II, therefore relaxing arterial muscles while at the same
..... Click the link for more information.
19th century - 20th century - 21st century
1960s  1970s  1980s  - 1990s -  2000s  2010s  2020s
1992 1993 1994 - 1995 - 1996 1997 1998

Year 1995 (MCMXCV
..... Click the link for more information.
King Pharmaceuticals (NYSE:  KG ), the world's 39th largest pharmaceutical company, is based in Bristol, Tennessee.[1][2] King produces a wide range of pharmaceuticals, including Altace for heart attack prevention, Levoxyl for hypothyroidism, Sonata, a
..... Click the link for more information.
Ramipril (marketed as Tritace/Ramace or Altace) is an angiotensin-converting enzyme (ACE) inhibitor, used to treat hypertension and congestive heart failure. ACE inhibitors lower the production of angiotensin II, therefore relaxing arterial muscles while at the same
..... Click the link for more information.
20th century - 21st century
1960s  1970s  1980s  - 1990s -  2000s  2010s  2020s
1994 1995 1996 - 1997 - 1998 1999 2000

Year 1997 (MCMXCVII
..... Click the link for more information.
Nutrinova is a global manufacturer of food constituents. It was formerly known as Hoechst until 1997 when it was taken over by Celanese and adopted its current name.

The company is headquartered in Frankfurt, Germany. It is a wholly owned affiliate of Celanese.
..... Click the link for more information.
Clariant (SWX: [1] ) is a Swiss speciality chemical company which was formed in 1995 as a spin off from Sandoz. The company expanded by the incorporation of the speciality chemicals business of Hoechst (Germany) in 1997 and the acquisition of BTP plc (UK) in 2000.
..... Click the link for more information.
20th century - 21st century
1960s  1970s  1980s  - 1990s -  2000s  2010s  2020s
1994 1995 1996 - 1997 - 1998 1999 2000

Year 1997 (MCMXCVII
..... Click the link for more information.
Concerned Women for America is a conservative Christian political action group active in the United States. The group was founded in 1979 by Beverly LaHaye, wife of Christian Coalition co-founder Timothy LaHaye, as a response to activities by the National Organization for Women and
..... Click the link for more information.
19th century - 20th century - 21st century
1960s  1970s  1980s  - 1990s -  2000s  2010s  2020s
1995 1996 1997 - 1998 - 1999 2000 2001

Year 1998 (MCMXCVIII
..... Click the link for more information.
King Pharmaceuticals (NYSE:  KG ), the world's 39th largest pharmaceutical company, is based in Bristol, Tennessee.[1][2] King produces a wide range of pharmaceuticals, including Altace for heart attack prevention, Levoxyl for hypothyroidism, Sonata, a
..... Click the link for more information.
Ramipril (marketed as Tritace/Ramace or Altace) is an angiotensin-converting enzyme (ACE) inhibitor, used to treat hypertension and congestive heart failure. ACE inhibitors lower the production of angiotensin II, therefore relaxing arterial muscles while at the same
..... Click the link for more information.
20th century - 21st century
1960s  1970s  1980s  - 1990s -  2000s  2010s  2020s
1996 1997 1998 - 1999 - 2000 2001 2002

Year 1999 (MCMXCIX
..... Click the link for more information.

This article is copied from an article on Wikipedia.org - the free encyclopedia created and edited by online user community. The text was not checked or edited by anyone on our staff. Although the vast majority of the wikipedia encyclopedia articles provide accurate and timely information please do not assume the accuracy of any particular article. This article is distributed under the terms of GNU Free Documentation License.