Miles Laboratories
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Industry | Bayer AG (1979–1995) |
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Miles Laboratories was founded as the Dr. Miles Medical Company in
Miles operated as an independent firm from 1884 until 1979 and as a wholly owned subsidiary of Bayer AG from 1979 until 1995. At the company's peak in the 1960s and 1970s, it employed 3,300 people and produced more than two dozen products.[2]
In 1995, it was consolidated into the parent corporation.
History
By 1890, the sales success of his
The company was at the heart of the 1911 antitrust Supreme Court case
In 1932, the company became Dr. Miles Laboratories; then, in 1935, the name was again changed, to Miles Laboratories. In 1947, Miles Laboratories purchased Chemical Specialties Inc.[7]
During World War II the company produced various goods for the US war effort, including packaged coffee products for military rations.
The company already made One-A-Day Vitamins and later introduced Chocks, the first chewable
In 1970, to complement its existing vitamin manufacturing division, Miles laboratories merged with
In 1979,
Bayer continued to operate Miles Laboratories and developed many drugs based upon biological extracts, such as
In 1992, Bayer AG moved the United States headquarters of Miles to
Miles Laboratories also operated sites in other parts of the United States, including West Haven, Connecticut, which are now part of Bayer AG. In 2007, the Miles Laboratories campus of Bayer AG in Connecticut was sold to Yale University and now comprises Yale West campus, including art and anthropological restoration and preservation, energy research, nanobiology, systems biology, and Yale Nursing School.[12]
Between 2011 and 2012, the former Miles campus, a 26-acre site located in Elkhart, was vacated and the remaining buildings were demolished.[1]
References
- ^ a b c Bauer, Caleb (2019-02-19). "Bayer announces plans to close last Michiana facility". South Bend Tribune. Retrieved 2022-09-28.
- ^ a b c King, Marshall V. "Loss of Miles/Bayer left a hole in Elkhart's heart many years ago". South Bend Tribune. Retrieved 2022-09-13.
- ^ Griffin, Jessica Archived 2021-01-29 at the Wayback Machine "Dr. Miles Restorative Nervine, Elkhart, Indiana"; Old Maine Artifacts; 30 November 2013.
- ^ "Dr. Miles Medical Co. v. John D. Park & Sons Co., 220 U.S. 373 (1911)". Justia Law. Retrieved 2022-10-04.
- ^ Mullin, Sheppard (2007-07-05). "Supreme Court Overrules 96 Year-Old Rule in Dr. Miles and Holds Vertical Price Agreements Are Neither Per Se Illegal Nor Per Se Legal, But Subject to Case-By-Case Test". Antitrust Law Blog. Retrieved 2022-10-04.
- – via papers.ssrn.com.
- ^ VanderVeen, Steve. "Steve VanderVeen: Con DePree and DePree Chemical Company". The Holland Sentinel. Retrieved 2022-09-13.
- ^ "6 things you never knew about Flintstones Vitamins". MeTV. July 7, 2020. Archived from the original on November 28, 2020. Retrieved March 2, 2021.
- ^ Worthington Libraries Archived 2018-06-26 at the Wayback Machine "Officers of Worthington Foods and Miles Laboratories"; WorthingtonMemory.org; Worthington, Ohio; 16 November 2017.
- ^ "Kellogg pivots to boost sales of Morningstar Farms". Fortune. December 17, 2016. Archived from the original on April 13, 2017. Retrieved April 13, 2017.
- ^ Van Arsdall, Sherry (2016-04-29). "You Should Know: Arden Stickel". Goshen News. Retrieved 2022-10-06.
- ^ "Deal of the century". yalealumnimagazine.com.