What Does Panacea Mean?

A word of greek mythology that refers to the goddess of healing

Panacea is a word from Greek mythology that refers to the goddess of healing. She was the daughter of Asclepius, who was the god of medicine. In common usage this word refers to a remedy for all diseases. The following sentence shows how the word can be used in a sentence.
"Man has always wanted to live an indefinite, disease free life and the search for Panacea has been the goal of Alchemists through times immemorial."

Its a solution to all problems