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In page Swaim's Panacea:

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In 1900, James F. Ballard of St. Louis, who produced a number of patent medicines, acquired the rights to Swaim's Panacea and all other Swaim products from the Swaim family.[17] In the 1910s, the United States government fined Ballard $30 for misbranding of products under the Pure Food and Drug Act of 1906, including Swaim's Panacea, as he was continuing to advertise the product with the amazing claims that had then been made for over 90 years.[18][19][20] It appears the product continued to be sold at least into the 1920s.[citation needed]