'panacea' originates from Greek, specifically the word 'panakeia,' where 'pan-' meant 'all' and 'akos' meant 'remedy.'

'panakeia' transformed into the Latin word 'panacea,' and eventually became the modern English word 'panacea.'

Initially, it meant 'a remedy for all diseases,' but over time it evolved into its current meaning of 'a solution for all problems.'