The story
History
The company was formed as Carter Medicine Company which was incorporated in 1880 by John Samuel Carter of Erie, Pennsylvania. John Carter died in 1884 and his son, Samuel Carter took over. John Higgins Wallace Jr., a research chemist from Princeton, New Jersey was hired and he formulated Arrid deodorant in 1935.
In 2001 the consumer product line was sold to Church and Dwight and MedPointe bought the diagnostics and drug businesses.
Timeline
1859: Carter's Little Liver Pills compounded in a four room building in Erie, Pennsylvania.
1880: Carter Medicine Company is incorporated.
1929: Henry Hamilton Hoyt Sr. becomes company's managing director.
1935: Arrid antiperspirant introduced.
1937: Carter Medicine Company becomes Carter Products.
1940: Nair depilatory introduced.
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1949: Rise shaving cream, the first pressurized shave cream is introduced.
1961: Henry Hamilton Hoyt Jr., becomes company chairman.
1965: Carter Products is renamed Carter-Wallace.
1985: Youngs Drug Products acquired.
1988: Sea & Ski sold to Fabergé
1989: Hygeia Sciences acquired.
1993: Felbatol, a medication for epileptics, is launched and later withdrawn from the market.
1999: Trojan condom Supra, the first polyurethane condom is introduced.
2000: Henry Hamilton Hoyt Jr. retires.
2001: MedPointe buys the pharmaceutical pipeline and the Carter-Wallace name, and Church and Dwight buys the personal care brands.
From Wikipedia’s article on Carter-Wallace, shared under CC BY-SA 4.0.3