Pharmacia Corporation

History

• 1995 Pharmacia & Upjohn established.
• 1997 Pharmacia Biotech merges with Amersham Life Science; sale of Biotech in August and merger with Amersham Life Science.
• 1998 Divestment programme in nutrition business; sale of Ortho businesses approved.
• 1999 Merger with Sugen; 20% stake acquisition in Sensus Drug Development Corp; proposed sale of the company’s sweeteners and biogums businesses; divestiture of the Stoneville Pedigreed Seed Company; sale of the alignates business: failed merger with Delta & Pine Land Company.
• 2000 European Commission confirms approval for merger with Monsanto Company: new company commences trading in April under the name Pharmacia Corp; agricultural operations of the former Monsanto Company placed into a subsidiary of Pharmacia with the name Monsanto Company; North American rights retrieved for Nicotrol; sale of the former Monsanto Nutrition and Consumer Products businesses.
• 2002 Pfizer announces acquisition of Pharmacia Corp.