The Royal Society of Chemistry (RSC) is a learned society in the United Kingdom with the goal of "advancing the chemical sciences". It was formed in 1980 from the merger of the Chemical Society, the Royal Institute of Chemistry, the Faraday Society, and the Society for Analytical Chemistry with a new Royal Charter and the dual role of promoting excellence in the chemical sciences, and serving the interests of chemical scientists in academia, industry and elsewhere. Product development within the context of chemistry involves taking an invention or concept and creating a plan to bring it to market. The RSC provides support for those engaged in product development through its many programs, services and resources. In addition to its work in promoting excellence in the field of product development, the RSC also works to support chemical scientists in all stages of their careers.