Apotex

Apotex

Apotex is a Canadian pharmaceutical corporation. Founded in 1974, the company is the largest producer of generic drugs in Canada,Fact|date=September 2008 with sales exceeding one billion dollars (CAD) a year.cite web |url=http://www.apotex.com/CorporateInformation/Default.asp?flash=Yes |title=Corporate Info |accessdate=2008-09-07 |work= |publisher= |date=2008-02-29] The company produces more than 300 generic pharmaceuticals in approximately 4000 dosages, exporting to over 115 countries around the globe.

The company has two main divisions: medical research and development; and biotechnology. The biotechnology division is comprised of three subsidiaries.

Apotex owns 61% of Cangene Corp., a Winnipeg-based biopharmaceutical company, according to Cangene's 2007 annual report. Cangene's business focuses are hyperimmunes, contract manufacturing, biopharmaceuticals and biodefense against infectious diseases such as smallpox, hepatitis B and anthrax. Its products include WinRho SDF.

Apotex has tied up with an Indian biopharmaceutical company, Intas Biopharmaceuticals, in April 2008 for developing generic version of blockbuster drug Filgrastim for US, Canadian and European market. [http://www.pressemeldinger.no/read.asp?RecNo=48943]

In January 2004, ApoPharma was founded. [ [http://www.apotex.com/PressReleases/20040129-01.asp Generic Pharmaceutical Leader Strengthens Innovative Drug Research By Creating New Company Called “ApoPharma Inc.”] ]

Bernard (Barry) Sherman is the chairman and CEO and Jack M. Kay is the President.

References

External links

* [http://www.apotex.com Official home page]
* [http://strategis.ic.gc.ca/app/ccc/search/navigate.do?language=eng&portal=1&estblmntNo=302534130000&profile=completeProfile Industry Canada profile]


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