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Panax Ginseng is aptly named for the roots are said to be a panacea (panax), a “cure all”, good for

everything from conquering cancer to stimulating sexual desire.

The term ginseng refers to several species of the genus Panax (Latinized from Greek: pan=all and 

akos=cure) of the Araliaceae family. Although ginseng may also refer to Siberian ginseng (Eleutherococcus senticosus), Siberian ginseng is from another botanical family that differs considerably chemically and pharmacologically. Therefore, Siberian ginseng cannot be considered interchangeable with the Panax ginsengs. For more than 2,000 years, the roots of slow-growing perennial Panax plants have been valued in Chinese medicine for their invigorating, adaptogenic, and tonic properties.The two most commonly used species of ginseng are Asian ginseng (Panax ginseng ), which is mostly extinct in its natural range, and American ginseng (Panax quinquefolius L.), which is still both harvested from the wild and cultivated.Ginseng has been used for medicinal purposes for over two thousand years.Approximately 6 million Americans use it regularly. Some consider the age of the ginseng roots important. In 1976, a 400 year old root of Manchurian ginseng from the mountains of China reportedly sold for $10,000 per ounce.