Upsher-Smith Laboratories

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 a part of Japan-based Sawai Group Holdings Co., Ltd.

Upsher-Smith Laboratories
TypePublicly traded
IndustryPharmaceuticals
Founded1919 (1919) in Wayzata, Minnesota
HeadquartersMaple Grove, Minnesota, United States,
United States
Key people
  • Taku Nakaoka Chief Executive Officer and Chairman[1]
  • Rich Fisher Chief Operating Officer and President
[2]
Productsgeneric drugs, Pharmaceutical drugs
Websitewww.upsher-smith.com

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 Pharmaceutical 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
  1. "Taku Nakaoka Named CEO of Upsher-Smith Laboratories".
  2. "Executive Team".
  3. "Locations – Upsher-Smith". Upsher-Smith Laboratories, LLC. Retrieved 2022-06-21.
  4. "Upsher-Smith History".
  5. "Sawai Pharmaceutical Completes Acquisition of Upsher-Smith Laboratories Generics Business". May 31, 2017.
  6. "Upsher-Smith Products".
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