The structure is the Alchemy Lab. In order to build it, you must have the Alchemist, which is the upgrade of the Apothecary, which is the upgrade of the Herbalist, which can only be built in a Conclave.
Also, in order to build an Alchemy Lab, you must have researched the Arcane Mastery technology. Purchasing the Iru Elixer (the healing potion that can remove champion injuries) costs 250 gold at the shop.
and I believe the 3rd upgrade gives you the debuff healing potion. You can only make 1 of these per faction. ( upgrade, not only buy one potion)
There is no indication either in the game or in the XML that the structure is one-per-faction. Nor does it behave like other one-per-faction structure upgrades, as the build menu option updates to remove the icon indicating that the structure can be upgraded to a one-per-faction final version once the one-per-faction upgrade has been built or ordered in another city.
So, basically you need to have a Conclave, research Arcane Mastery, and build:
Herbalist -> Apothecary -> Alchemist -> Alchemy Lab
Alchemists also have a research prerequisite, but I believe that in order to research Arcane Mastery you also need to research the tech which unlocks the Alchemist.