Salut and yes it does exist.
治療 Zhì liáo means “to cure"
藥 yào means "medicine"
When combined together it means "curing medicine". However in my opinion it doesn't sound so natural when it is used in conversation, I would rather use "藥方” (which is closer to the meaning of remedy) or just simply "藥" (medicine), there are various ways to express an object in Chinese. Cheers!