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Fritz Hoffmann-La Roche

Swiss industrialist who founded the pharmaceutical company Roche.

Fritz Hoffmann-La Roche

Fritz Hoffmann-La Roche (24 October 1868 – 18 April 1920) was a Swiss industrialist and businessman who founded the pharmaceutical concern F. Hoffmann-La Roche & Co (presently known as Roche) in 1896. Born into a Protestant family belonging to the Daig in Basel, he completed a bank apprenticeship in Yverdon-les-Bains and trained at a pharmacy in Basel before working in London and Hamburg. After the 1892 cholera epidemic in Hamburg, he returned to Basel and, with a loan of 90,000 Swiss Francs from his father, acquired a laboratory. In 1894 he formed Hoffmann, Traub & Co. with Max Carl Traub, which was renamed F. Hoffmann-La Roche & Co in 1896 after Traub left. That same year he hired chemist Emil Christoph Barell, who developed the cough medication Sirolin, which, despite its ineffectiveness, made the company commercially very successful.

born
24 October 1868, Basel, Switzerland
died
18 April 1920, aged 51
nationality
Swiss
known_for
Founding F. Hoffmann-La Roche & Co (Roche)

Verified Timeline

186818861891189218931894189518961897190319051907190819101912191819191920

Lore & Background

Fritz Hoffmann was born 24 October 1868 in Basel, the third of five children, to Friedrich Hoffmann, a silk ribbon manufacturer, and Anna Elisabeth Hoffmann. His godparents included his maternal grandfather, Johann Heinrich Merian, an affluent merchant who owned Teufen Castle, and his uncle, Carl Felix Burckhardt, who served as Mayor of Basel. After compulsory schooling in Basel, he completed an apprenticeship at a bank in Yverdon-les-Bains in 1886. He then returned to Basel as a trainee at Bohny, Hollinger & Co, a pharmacy. Between 1891 and 1892 he worked in London, and between 1892 and 1893 in Hamburg to further his experience in chemistry-related business. Following the 1892 cholera epidemic in Hamburg, he returned to Basel and entered his former employer Bohny, Hollinger & Co intending to become a full partner. He headed the department that manufactured floor wax and essential oils. After a dispute with the owners, he received a loan of 90,000 Swiss Francs from his father to acquire the laboratory. In 1894, he formed Hoffmann, Traub & Co. with Max Carl Traub, with his father contributing the majority of capital and Traub some patents and contracts. In 1896, Traub left and the company was renamed F. Hoffmann-La Roche & Co. Hoffmann hired chemist Emil Christoph Barell, who developed Sirolin, a cough medication that, despite its ineffectiveness, made the company commercially very successful. Hoffmann opened branches in Germany (1897), Paris (1903), New York (1905), Vienna (1907), London (1908), St. Petersburg (1910), and Yokohoma (1912). In 1918, the company was consolidated into a stock corporation. In 1895, Hoffmann married Adèle La Roche, and they had two sons: Emanuel Fritz Hoffmann and Alfred Hoffmann. Following Swiss practice, he hyphenated his name to Hoffmann-La Roche. They divorced in 1919, and that same year he married Elisabeth von der Mühll. Hoffmann died on 18 April 1920 aged 51.

Reader's Guide

Fritz Hoffmann-La Roche's significance lies in founding the pharmaceutical concern F. Hoffmann-La Roche & Co in 1896, which grew from a small laboratory into an international firm. Starting with a loan of 90,000 Swiss Francs from his father to acquire a laboratory, he formed Hoffmann, Traub & Co. in 1894 with Max Carl Traub. After Traub left in 1896, the company was renamed and Hoffmann hired chemist Emil Christoph Barell, who developed Sirolin, a cough medication that, despite its ineffectiveness, made the company commercially very successful. Hoffmann expanded the firm internationally, opening branches in Germany (1897), Paris (1903), New York (1905), Vienna (1907), London (1908), St. Petersburg (1910), and Yokohoma (1912). In 1918, the company was consolidated into a stock corporation. Hoffmann married Adèle La Roche in 1895, and they had two sons. He hyphenated his surname to Hoffmann-La Roche following Swiss practice. He divorced in 1919 and married Elisabeth von der Mühll that same year. He died on 18 April 1920 aged 51.

Did You Know?

Frequently Asked Questions

Who is Fritz Hoffmann-La Roche?

Fritz Hoffmann-La Roche was a Swiss industrialist and businessman best known for establishing the pharmaceutical firm F. Hoffmann-La Roche & Co in 1896, which later became the global company Roche.

When and where was Fritz Hoffmann-La Roche born and when did he die?

He was born on 24 October 1868 in Basel, Switzerland, and passed away on 18 April 1920 at the age of 51.

What is Fritz Hoffmann-La Roche's main claim to fame?

He is recognized for founding F. Hoffmann-La Roche & Co, transforming a small laboratory into an international pharmaceutical enterprise with operations spanning Europe, the Americas, and Asia.

How did the company grow under Fritz Hoffmann-La Roche's leadership?

Starting as a modest laboratory, the firm expanded into a multinational concern with branches established across Europe, the Americas, and Asia during his lifetime.

Why is Fritz Hoffmann-La Roche important in business history?

As the founder of what is now the major pharmaceutical company Roche, he helped shape the modern drug industry and built one of the first truly international pharmaceutical firms of the early twentieth century.

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