Type | Subsidiary of publicly traded company |
---|---|
Industry | Pharmaceuticals |
Founded | 1919Wayzata, Minnesota, U.S. | in
Headquarters | Maple Grove, Minnesota, U.S. |
Key people |
|
Products | generic drugs, pharmaceutical drugs |
Parent | Sawai Group Holdings Co., Ltd. |
Website | www |
Upsher-Smith Laboratories, LLC is a century-old American pharmaceutical company based in Maple Grove, Minnesota that brings brands and generics to a wide array of customers. Upsher-Smith is owned by Japan-based Sawai Group Holdings Co., Ltd..
Locations
- Maple Grove, Minnesota: Corporate Headquarters[3]
- Morristown, New Jersey: Corporate Office[3]
- Plymouth, Minnesota: Manufacturing[3]
History
Founded in 1919 as a maker of digitalis drugs,[4] Upsher-Smith has traditionally focused on the manufacture of generic medications. In 2017, after owning and operating Upsher-Smith for 47 years, the Evenstad family made the decision to sell the largest part of their company, the generics business, to Sawai Group Holdings Co., Ltd., a large publicly traded generics company in Japan that had been seeking entry into the U.S. market.[5]
Upsher-Smith's non-generic pharmaceuticals businesses, Proximagen, Pairnomix, and MOBĒ, remained with ACOVA, a holding company owned by the Evenstads.
Products
Upsher-Smith offers brand and generic pharmaceuticals to treat the following disease states:[6]
References
- ↑ "Taku Nakaoka Named CEO of Upsher-Smith Laboratories".
- ↑ "Executive Team".
- 1 2 3 "Locations – Upsher-Smith". Upsher-Smith Laboratories, LLC. Retrieved 2022-06-21.
- ↑ "Upsher-Smith History".
- ↑ "Sawai Pharmaceutical Completes Acquisition of Upsher-Smith Laboratories Generics Business". May 31, 2017.
- ↑ "Upsher-Smith Products".