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Founded in 1974 by Barry Sherman, the company is the largest producer of generic drugs in Canada, with annual sales exceeding CA$2.5 billion. [5] By 2023, Apotex employed close to 8,000 people as Canada's largest drug manufacturer, with over 300 products selling in over 115 countries.
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Canada’s Health Research Foundation (HRF) is a non-profit organization that invests in health research in Canadian academic centres, and promotes the benefits and values of research-driven health innovation in Canada. Innovative Medicines Canada members pay an annual contribution of $1 million to the Foundation. [17]
This listing is limited to those independent companies and subsidiaries notable enough to have their own articles in Wikipedia. Both going concerns and defunct firms are included, as well as firms that were part of the pharmaceutical industry at some time in their existence, provided they were engaged in the production of human (as opposed to veterinary) therapeutics.
The first pharmaceutical company in Canada was founded in 1879 by E. B. Shuttleworth. in 1887, the first foreign-owned subsidiary was started in Windsor by the American firm Parke, Davis and Company. This branch-plant operation was primarily set up to take advantage of Canadian tariff laws designed to protect domestic manufacturers from foreign ...
The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. The change column indicates the company's relative position in this list compared to its relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa.
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Rexall was founded in 1904 during the early days of the United Drug Company and quickly established itself as a major retail pharmacy chain. At the same time, Tamblyn Drugs was establishing itself in Toronto, Ontario, and would eventually become Pharma Plus.
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