Upsher-Smith Laboratories
Upsher-Smith Laboratories, LLC is a U.S. pharmaceutical company based in Maple Grove, Minnesota that has delivered generic medications for nearly a century. Upsher-Smith is a part of Japan-based Sawai Pharmaceutical, Co. Ltd.
Publicly traded | |
Industry | Pharmaceuticals |
Headquarters | Maple Grove, Minnesota, United States |
Products | generic drugs |
Website | www.upsher-smith.com |
Locations
- Maple Grove, Minnesota: Corporate Headquarters
- Plymouth, Minnesota: Manufacturing and R&D
- Denver, Colorado: Manufacturing and R&D
History
Founded in 1919 as a maker of digitalis drugs,[1] 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 Pharmaceutical Co., Ltd., a large publicly traded generics company in Japan that had been seeking entry into the U.S. market.[2]
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 generic pharmaceuticals to treat the following disease states[3]:
- Hypertension
- High Cholesterol
- Influenza
- Epilepsy
- Congestive Heart Failure
- Blood Clots
- Alzheimer's Disease
- Depression
- Overactive Bladder
- Heart Arrhythmia
- Schizophrenia
- Multiple Sclerosis
- Low Testosterone
Awards
History of award-winning performance[4]:
2016
- DIANA Award for Best Overall Branded Pharmaceutical Product Manufacturer with Less than $300 Million in Sales, awarded by HDA
2015
- Received NCPA 2015 Corporate Recognition Award
- Honorable Mention- McKesson Emerging Generic Supplier of the Year
2014
- DIANA Award for Manufacturer Partner of the Year and Merit Finalist for the Best Overall Branded Pharmaceutical Product Manufacturer with Sales to Healthcare Distributors of Less Than $300 Million, awarded by HDMA
- Received Rochester Drug Vendor Recognition Award
- Received Value Drug Supplier Appreciation Award
2013
- DIANA Award for Best Overall Branded Pharmaceutical Product Manufacturer With Sales to Healthcare Distributors of Less than $300 Million, awarded by HDMA
- DIANA Award First Merit Finalist for Best Overall Consumer Product Manufacturer With Sales to Healthcare Distributors of More Than $10 Million, awarded by HDMA
References
- ↑ "Upsher-Smith History".
- ↑ "Sawai Pharmaceutical Completes Acquisition of Upsher-Smith Laboratories Generics Business". May 31, 2017.
- ↑ "Upsher-Smith Products".
- ↑ "Upsher-Smith Awards".