Alchemy

Alchemy is the practice of refining, purifying, and perfecting magically reactive materials. Most commonly this involves the creation of elixirs, or the transmutations of materials.
Alchemy is commonly used across the world for medicinal purposes. Elixirs of Health, or similar items, are a popular concoction, for its ability to cause a person's minor scrapes and bruises to disappear.
The line between Alchemy and mundane Chemistry is vague and undefined. Both are scientific, alchemy stands out mostly due to the ingredients used and the effects caused, which are more magical in nature.