Apotex
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Apotex Inc.
|
150 Signet Dr. Toronto, Ontario M9L 1T9, Canada Tel. 800-268-4623 Fax 800-609-9444 |
Type: Private
On the web:
http://www.apotex.com
Apotex strives to be at the apex of the Canadian generics industry. The company is one of Canada's leading generic drugmakers, producing more than 250 generic drugs in thousands of dosages and formulations. Its product line includes generic equivalents of Merck's Claritin (allergy medication) Pfizer's Norvasc (hypertension), and GlaxoSmithKline's antidepressant, Paxil. Apotex markets its drugs throughout Canada and the US, as well as in about 115 other countries in the Asia/Pacific region, Africa, Europe, Latin America, and the Middle East. The company also has a manufacturing agreement with The Harvard Drug Group.
Officers:
Chairman and CEO: Bernard C. (Barry) Sherman
President and COO: Jacob M. (Jack) Kay
Director Public Affairs, US: Steven Giuli
Competitors:
Ranbaxy Laboratories
Sandoz International GmbH
Teva
Wikipedia on Answers.com:
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Apotex
 |
|
| Type | Private |
|---|---|
| Industry | Health Care |
| Founded | 1974 |
| Headquarters | Weston, Ontario, Canada |
| Key people | Dr. Bernard Sherman, CEO Jack M. Kay, President [1] |
| Products | Generic Pharmaceuticals |
| Employees | 6,800 (2012)[2] |
| Website | www.apotex.com |
Apotex is a Canadian pharmaceutical corporation. Founded in 1974, the company is the largest producer of generic drugs in Canada, with sales exceeding one billion dollars (CAD) a year.[2] The company produces more than 300 generic pharmaceuticals in approximately 4000 dosages, exporting to over 115 countries around the globe.[2]
The company has two main divisions: medical research and development; and biotechnology. The biotechnology division is divided into 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.
In 1991, Apotex opened Apotex Fermentation in Winnipeg to develop fermentation-based technologies for the production of Active Pharmaceutical Ingredients (APIs) and to manufacture APIs for eventual sale as final dosage forms in Canada and internationally. The factory employs 150 people.
In January 2004, ApoPharma was founded. It is the subsidiary responsible for research and development of new chemical entities. [2]
Bernard (Barry) Sherman is the chairman and CEO and Jack M. Kay is the President.[1]
Apotex received a warning letter from FDA regarding the Etobicoke plant on June 25, 2009 for GMP violations.[3] It also received a warning letter citing similar GMP violations in the Signet plant on March 29, 2010. [4] FDA issued an import ban on all drugs manufactured at these two plants and prevented the company from seeking new marketing authorizations in the U.S on August 28, 2009.[4] The import ban was subsequently lifted on May 6, 2011.[5] On February 29, 2012, Apotex filed a claim to the International Centre for Settlement of Investment Disputes seeking arbitration with the U.S.A. In the filing, Apotex cited unfair treatment by FDA which constituted a violation of the North American Free Trade Agreement (NAFTA). Apotex further claimed that the action of FDA ‘decimated its business’.[6]
References
- ^ a b "SEC Info - Sherman Bernard C, et al. - SC 13D - Counsel Corp - On 12/29/03". http://www.secinfo.com/dsvrn.2347.htm. Retrieved 2009-02-17.
- ^ a b c d "Apotex Corporation Information". http://www.apotex.com/global/about/default.asp. Retrieved March 21, 2012.
- ^ FDA (June 25, 2009). "Warning Letter". http://www.fda.gov/ICECI/EnforcementActions/WarningLetters/2009/ucm170912.htm. Retrieved March 21, 2012.
- ^ a b FDA (March 29, 2010). "Warning Letter". http://www.fda.gov/ICECI/EnforcementActions/WarningLetters/2010/ucm207508.htm. Retrieved March 21, 2012.
- ^ Silverman, Ed (May 20, 2011). "Apotex creeps out of the FDA dog house". Pharmalot.com. http://www.pharmalot.com/2011/05/apotex-creeps-out-of-the-fda-dog-house/. Retrieved March 21, 2012.
- ^ Palmer, Eric (March 19, 2012). "Apotex says FDA import ban, delays ‘decimated’ its business". fiercepharmamanufacturing.com. http://www.fiercepharmamanufacturing.com/story/apotex-says-fda-import-ban-delays-decimated-its-business/2012-03-19. Retrieved March 21, 2012.
External links
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