Peter Werfft - Pharmaceutical Entrepreneur

Pharmaceutical Entrepreneur

Returning to Austria after his release from captivity, Werfft established InterChemie GmbH, a Vienna-based pharmaceutical and chemical limited liability enterprise, in 1948. Among the first commercial activities of the fledgling trading company in this difficult post-war period was the Austrian sales representation for certain American Cyanamid products. By 1961 the firm had been restructured into a successor company, Werfft-Chemie GmbH. In the years following the founder's death in 1970, Werfft-Chemie continued, initially as a family-run business, but met with increasing economic difficulties. It was taken over by the Austrian Sanochemia Pharmazeutika Group in 1983 and was subsequently converted to a purely veterinary medicine company. The legacy of Werfft-Chemie survives under the name Alvetra u. Werfft AG, a Sanochemia company with subsidiaries in several central and eastern European countries.

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