{{Short description|American personal care company}} {{Infobox company | name = Carter-Wallace | logo = | type = Public | industry = Pharmaceutical | founded = 1859 | founder = John Samuel Carter | defunct = {{End date|2001|05|08}} in Erie, Pennsylvania, United States | fate = Acquired by Church and Dwight and Kelso & Company | num_employees = 3320 | num_employees_year = 2000 }}
{{Expand section|date=February 2020}} '''Carter-Wallace''' was a personal care company headquartered in New York City.<ref name=hoyt/><ref name=fu>{{cite web |url=http://www.fundinguniverse.com/company-histories/CarterWallace-Inc-Company-History.html |title=Carter-Wallace |accessdate=2011-09-26 |publisher=Funding Universe }}</ref> The company was formed by the merger of '''Carter Products''' and '''Wallace Laboratories'''.<ref name=higgins/> The company had a research facility in Cranbury, New Jersey.<ref name=nj>{{cite encyclopedia |encyclopedia=Encyclopedia of New Jersey |title=Carter-Wallace |url=https://books.google.com/books?id=_r9Ni6_u0JEC&dq=%22John+Samuel+Carter%22+wallace&pg=PA124 |isbn= 9780813533254| accessdate=2011-09-26 |last1= Lurie|first1= Maxine N|last2= Mappen|first2= Marc|year= 2004}}</ref>
==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.<ref name=fu/> John Higgins Wallace Jr., a research chemist from Princeton, New Jersey was hired and he formulated Arrid deodorant in 1935.<ref name=fu/><ref name=higgins>{{cite news |title=John Wallace, 82, Chemist and Executive |url=https://www.nytimes.com/1989/03/24/obituaries/john-wallace-82-chemist-and-executive.html |newspaper=The New York Times |date=March 24, 1989 |accessdate=2011-09-27 }}</ref>
In 2001 the consumer product line was sold to Church and Dwight and MedPointe bought the diagnostics and drug businesses.<ref name=sold>{{cite news |title=Carter-Wallace's brands will be sold to 2 different companies for a total of $1.12 billion |url=https://pqasb.pqarchiver.com/latimes/access/72690604.html?dids=72690604:72690604&FMT=ABS&FMTS=ABS:FT&type=current&date=May+09%2C+2001&author=CATHERINE+DODGE&pub=Los+Angeles+Times&desc=Markets+%2F+Your+Money%3B+Consumer+Products+Company+to+Be+Split%3B+Deals%3A+Carter-Wallace%27s+brands+will+be+sold+to+2+different+companies+for+a+total+of+%241.12+billion.&pqatl=google|newspaper=Los Angeles Times |date=May 9, 2001 |accessdate=2011-09-26 }}{{dead link|date=July 2024|bot=medic}}{{cbignore|bot=medic}}</ref><ref>{{cite news |title=Carter-Wallace Sells Itself |url=https://www.nytimes.com/2001/05/09/business/company-news-carter-wallace-sells-itself-as-two-businesses.html|newspaper=The New York Times |date=May 9, 2001 |accessdate=2011-09-26 }}</ref>
==CEOs== *John Samuel Carter (?-1884) 1880 to 1884.<ref name=fu/><ref name=nj/> *Samuel J. Carter, son of John.<ref name=fu/> *Brent Good, a New York businessman that convinced John to incorporate.<ref name=fu/> *Harry Good, son of Brent.<ref name=fu/> *Charles Orcutt, brother-in-law of Harry.<ref name=fu/> *Henry Hamilton Hoyt Sr., son-in-law of Charles; bought a controlling interest in the company.<ref name=hoyt>{{cite news |title=Henry Hoyt, 96, Dies. Headed Drug Company |url=https://www.nytimes.com/1990/11/07/obituaries/henry-hoyt-96-dies-headed-drug-company.html |newspaper=The New York Times |date=November 7, 1990 |accessdate=2011-09-24 }}</ref><ref name=fu/> *Henry Hamilton Hoyt Jr.<ref>{{cite news |title=Carter-Wallace |url=https://pqasb.pqarchiver.com/djreprints/access/75886634.html?dids=75886634:75886634&FMT=ABS&FMTS=ABS:AI&type=historic&date=Aug+12%2C+1965&author=&pub=Wall+Street+Journal&desc=Who%27s+News&pqatl=google |archive-url=https://archive.today/20130131150102/http://pqasb.pqarchiver.com/djreprints/access/75886634.html?dids=75886634:75886634&FMT=ABS&FMTS=ABS:AI&type=historic&date=Aug+12,+1965&author=&pub=Wall+Street+Journal&desc=Who's+News&pqatl=google |url-status=dead |archive-date=January 31, 2013 |newspaper=The Wall Street Journal |date=August 12, 1965 |accessdate=2011-09-26 }}</ref>
==Timeline== [[File:Carter Medicine Company (3092753925).jpg|thumb|Carter Medicine Company was unrelated to Carter's Little Liver Pills.]] *1859: Carter's Little Liver Pills compounded in a four room building in Erie, Pennsylvania.<ref name=fu/><ref name=nj/> *1880: Carter Medicine Company is incorporated.<ref name=fu/><ref name=nj/> *1929: Henry Hamilton Hoyt Sr. becomes company's managing director.<ref name=fu/> *1935: Arrid antiperspirant introduced.<ref name=fu/> *1937: Carter Medicine Company becomes Carter Products.<ref name=fu/> *1940: Nair depilatory introduced.<ref name=fu/> *1949: Rise shaving cream, the first pressurized shave cream is introduced.<ref name=fu/> *1961: Henry Hamilton Hoyt Jr., becomes company chairman.<ref name=fu/> *1965: Carter Products is renamed Carter-Wallace.<ref name=fu/> *1985: Youngs Drug Products acquired.<ref name=fu/> *1988: Sea & Ski sold to Fabergé<ref>[https://business.fiu.edu/pdf/PrintFeb2008/Banana_Boat_Founder_Robert_Bell.pdf Banana_Boat_Founder_Robert_Bell - Florida International University College of Business. Feb 27, 2008]</ref> *1989: Hygeia Sciences acquired.<ref name=fu/> *1993: Felbatol, a medication for epileptics, is launched and later withdrawn from the market. *1999: Trojan condom Supra, the first polyurethane condom is introduced.<ref name=fu/> *2000: Henry Hamilton Hoyt Jr. retires.<ref name=fu/> *2001: MedPointe buys the pharmaceutical pipeline and the Carter-Wallace name, and Church and Dwight buys the personal care brands.<ref name=nj/><ref name=sold/><ref name=cw>{{cite web |url=http://www.wallacepharmaceuticals.com/aboutus.html |title=About Us |accessdate=2011-09-26 |publisher=Wallace Pharmaceuticals |archive-url=https://web.archive.org/web/20110926065021/http://www.wallacepharmaceuticals.com/aboutus.html |archive-date=2011-09-26 |url-status=dead }}</ref>
==Products== *Arrid deodorant *Carter's Laxative, which was originally known as Carter's Little Liver Pills and after 1959 as Carter's Little Pills.<ref name=hoyt/><ref name=time>{{cite news |title=Cut Out the Liver |url=http://www.time.com/time/magazine/article/0,9171,814704,00.html#ixzz1YtSDgVtq |archive-url=https://web.archive.org/web/20071108214845/http://www.time.com/time/magazine/article/0,9171,814704,00.html#ixzz1YtSDgVtq |url-status=dead |archive-date=November 8, 2007 |work=Time magazine |date=April 16, 1951 |accessdate=2011-09-24 }}</ref> *First Response *Lambert Kay *Meprobamate, marketed as Miltown *Nair depilatory *Pearl Drops *Carisoprodol, marketed as Soma *Trojan condoms *Simeticone, marketed as Ovol *Dimenhydrinate, marketed as Gravol *Aluminum Hydroxide, Magnesium Hydroxide, and Simethicone, antiacid antiflatulent preparation, marketed as Diovol *Pepsin preparation, marketed as Fermentol
==References== {{Reflist|2}} {{Church & Dwight}} {{Authority control}}
Category:Carter-Wallace Category:Companies based in New Jersey Category:Companies based in New York City