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Upsher-Smith Laboratories

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American pharmaceutical company
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Upsher-Smith Laboratories
Company typeSubsidiary
IndustryPharmaceuticals
Founded1919; 107 years ago (1919) inWayzata, Minnesota, U.S.
HeadquartersMaple Grove, Minnesota, U.S.
Key people
Products
Parent
Websitewww.upsher-smith.com

Upsher-Smith Laboratories, LLC is an American pharmaceutical company based inMaple Grove, Minnesota. Founded in 1919, it has been owned byBora Pharmaceuticals since 2024.

History

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Founded in 1919 as a maker ofdigitalis drugs,[3] Upsher-Smith has traditionally focused on the manufacture of generic medications.

In 2017, after owning it for 47 years, the Evenstad family decided to sell most of the firm, the generics business, toSawai Group Holdings Co., Ltd. [jp], a large publicly traded generics company in Japan that had been seeking entry into the U.S. market.[4] Its non-generic pharmaceutical business, Proximagen, Pairnomix, and MOBĒ, remained with ACOVA, a holding company owned by the Evenstads.

On April 1, 2024, Upsher-Smith Laboratories was acquired by Bora Pharmaceuticals Co., Ltd., considered the largest pharmaceutical manufacturer inTaiwan.[5]

Locations

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Products

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Upsher-Smith offers brand and generic pharmaceuticals to treat the following disease states:[7]

References

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  1. ^"Taku Nakaoka Named CEO of Upsher-Smith Laboratories". 12 May 2022.
  2. ^"Executive Team".
  3. ^"Upsher-Smith History".
  4. ^"Sawai Pharmaceutical Completes Acquisition of Upsher-Smith Laboratories Generics Business" (Press release). May 31, 2017.
  5. ^"Bora Pharmaceuticals Completes the Acquisition of Upsher-Smith".Upsher-Smith. April 2024. Retrieved2024-04-04.
  6. ^abc"Locations – Upsher-Smith".Upsher-Smith Laboratories, LLC. Retrieved2022-06-21.
  7. ^"Upsher-Smith Products".
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