Upsher-Smith Laboratories
Upsher-Smith Laboratories, LLC is an American 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.
Type | 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 Supplies CVS Pharmacies and 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