Industry | Drug manufacturing |
---|---|
Founders | Thomas Fairchild, Samuel W. Fairchild, Macomb G. Foster |
Defunct | 1946 |
Fate | Acquired by Sterling Drug |
Headquarters | , United States |
Fairchild Brothers & Foster was a drug manufacturer, which was based in New York City in the 1930s.
Formation of company
Thomas Fairchild studied at Stratford Academy and graduated from Philadelphia College of Pharmacy. Afterward he joined Caswell Havard & Company of New York City. Later, he organized Fairchild Brothers & Foster, together with his brother, Samuel W. Fairchild (d. 1927),[1][2] and Macomb G. Foster (d.1938). Macomb George Foster was the brother of Pell William Foster (d.1947) founder of the Foster Wheeler corporation, and the son William Foster Jr, former President of several New York based railroad concerns and founder of the Retsof Salt Mining Company in Retsof, New York.[3] Macomb G Foster began his continuous affiliation of fifty-seven years with Fairchild Brothers & Foster in 1881.[4]
Founders
Thomas Fairchild (1851–1939), of Quaker Ridge, New Rochelle, New York, who was born in Stratford, Connecticut, was one of the firm's founders, and its president.
Acquisition
The company was first acquired by Winthrop Chemical Company,[5] the latter then acquired by Sterling Drug, Inc., in February 1946. Fairchild Brothers & Foster specialized in making drugs to assist digestive disorders. Among the drugs it produced were Marinol, Phisoderm, and Enzymo.
Stearns & Company, a subsidiary of Sterling Drug, Inc., took over the distribution of all except three drugs made by the acquired concern. Winthrop Chemical Company, also a Sterling subsidiary, resumed the manufacture of Marinol, Phisoderm, and Enzymo.[6]
See also
References
- ↑ "S. W. FAIRCHILD FUNERAL.; Bishop Stires and Dr. Brooks Preside at Services in St. Thomas's". The New York Times. 17 November 1927. Retrieved 17 August 2017.
- ↑ "MRS. S.W. FAIRCHILD DIES IN 83D YEAR; Widow of Noted Chemist Who Founded His Own Firm of Manufacturers in 1879, ACTIVE IN CHURCH WORK Member of Tappen Family, Owners of Homestead Now Part of Poe Park in the Bronx". The New York Times. 20 February 1936. Retrieved 17 August 2017.
- ↑ [[The Journal (New York [N.Y.]) 1895-1896]], The Salt King Assigns, January 24, 1896, pg.12.
- ↑ The New York Times, Macomb G. Foster, Manufacturer, 78, Vice President of Chemists' Firm, Dies in Office, June 2, 1938, pg. 23 of 46.
- ↑ The New York Times, Fairchild Bros & Foster Elect New a New President, February 10, 1943
- ↑ Sterling Brothers Inc., Acquires Fairchild Brothers & Foster, The Wall Street Journal, February 13, 1946, pg. 12.