patent medicine

US /ˈpæt.ənt ˌmed.ɪ.sɪn/
UK /ˈpæt.ənt ˌmed.ɪ.sɪn/
"patent medicine" picture
1.

a medicine made and sold under a patent and usually without a prescription, often with exaggerated claims of its effectiveness

:
In the old West, traveling salesmen often peddled various patent medicines.
Many early patent medicines contained alcohol or opium.