Pharmascience Inc.
↗Montreal, Canada
Pharmascience Inc. is the largest Canadian-owned pharmaceutical company, specializing in the development and manufacturing of a wide range of generic and specialty drugs. Founded in 1983, the company has a significant global footprint, distributing products to over 50 countries.
The company operates through two main divisions: Pharmascience (Generics) and Pendopharm (Specialty Branded Products). While its core business is high-quality generic medications, its Pendopharm division focuses on innovative branded treatments in areas such as gastroenterology, orthopedics, and specialty medicine. Pharmascience is a major employer in Quebec and maintains sophisticated R&D and manufacturing facilities in Montreal.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Generic and Specialty Therapeutics
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$700M-$1B
Founded:1983
Ownership:private
Status:operating
FUNDING
Stage:Late Stage
Total Raised:Unknown (Private)
Investors:Caisse de dépôt et placement du Québec (CDPQ), Investissement Québec
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule, Injectables, Oral solids
Active Trials:12
Trial Phases:Phase 1: 2 | Phase 2: 1 | Phase 3: 1 | Phase 4: 8
FDA Approvals:45
EMA Approvals:30
CORPORATE STRUCTURE
Subsidiaries:Pendopharm, Pharmascience International, Royalmount Pharma
Key Partnerships:Aptar Pharma (Delivery systems), Various global generic distributors
COMPETITION
Position:Leader
Competitors:Apotex, Teva Pharmaceuticals, Sandoz, Bausch Health
LEADERSHIP
Key Executives:
Martin Arès - CEO
David Goodman - Executive Chairman
Scientific Founders:Morris Goodman, Ted Wise
Board Members:David Goodman, Morris Goodman
LINKS
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