Wyeth, formerly known as American Home Products (AHP), is one of the largest pharmaceutical companies in the world. The company is based in Madison, New Jersey. They are known for manufacturing the over-the-counter (OTC) drugs Robitussin and the analgesic Advil (ibuprofen), as well as the prescription drugs Premarin and Effexor, which both boast over $3 billion in sales annually. On January 23 2009; According to The Wall Street Journal, Pfizer was in talks to buy Wyeth at a cost around $68 Billion USD. On January 25, 2009, Pfizer agreed to the purchase for US$68 billion, a deal financed with cash, shares and loans.[1]
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