panacea

noun

1. A remedy believed to cure all disease and prolong life that was originally sought by alchemists; a cure-all.
2. A solution to all problems.

   “A monorail will be a panacea for our traffic woes.”

   “When busy he was better, and appeared to think perpetual motion a panacea for his unnamed and un-nameable complaint; and so much were they hurried from place to place, after their arrival at Genoa, that both sisters were thankful when they embarked again, as the sea appeared a resting-place...”

   “Podson was seated on the bed, going through such turf forecasts as he could find in the papers; his panacea for correcting the mistakes of fortune.”

   “Hydrogen is not a panacea for reaching the zero net emissions target by 2050, but it can grow to become "a big niche" fuel in particular sectors and applications, claims a new report.”

   “But dollarization is not a panacea for Argentina’s crisis-stricken economy, analysts say.”

3. (obsolete)The plant allheal (Valeriana officinalis), believed to cure all ills.

   “There, whether it diuine Tobacco were, / Or Panachæa, or Polygony, / She found, and brought it to her patient deare […]”

name

1. (Greek)The goddess/personification of healing, remedies, cures and panaceas (medicines, salves, ointments and other curatives). She is a daughter of Asclepius and Epione.