Teva Canada is one of Canada's largest
generic pharmaceutical companies. The company was founded as Novopharm by
Leslie Dan in 1965. After its acquisition by pharmaceutical giant
Teva Pharmaceutical Industries
Teva Pharmaceutical Industries Ltd. (also known as Teva Pharmaceuticals) is an Israeli multinational pharmaceutical company with headquarters in Tel Aviv, Israel. It specializes primarily in generic drugs, but other business interests include ...
in 2000, it was renamed Teva Novopharm. The Novopharm name was dropped in 2010, when it became Teva Canada.
History of the company
Novopharm was founded by pharmacist and businessman Leslie Dan in 1965. Its first product was the generic antibiotic,
tetracycline
Tetracycline, sold under various brand names, is an oral antibiotic in the tetracyclines family of medications, used to treat a number of infections, including acne, cholera, brucellosis, plague, malaria, and syphilis.
Common side effects in ...
. The company expanded to become Canada's second largest generic drug manufacturer and it also owned sites in the US and Hungary by the mid 1990s. In Hungary, the company owned a small subsidiary called Human. In the US, it operated a distribution center in
Schaumburg, Illinois
Schaumburg ( ) is a village mostly in Cook County and partly in DuPage County in northeastern Illinois, United States. Per the 2020 Census, the population was 78,723. Schaumburg is around northwest of the Chicago Loop and northwest of O'Hare ...
, although all products continued to be made in Canada. Novopharm was the first generic company to market a generic version of
Glaxo
GSK plc, formerly GlaxoSmithKline plc, is a British multinational pharmaceutical and biotechnology company with global headquarters in London, England. Established in 2000 by a merger of Glaxo Wellcome and SmithKline Beecham. GSK is the tent ...
's
Zantac for the US market.
Novopharm remained privately held by the Dan family until 2000, when it was acquired by Teva Pharmaceuticals.
At the time, Novopharm was Canada's second largest drug manufacturer.
Teva, a generic drug manufacturer based in
Jerusalem
Jerusalem (; he, יְרוּשָׁלַיִם ; ar, القُدس ) (combining the Biblical and common usage Arabic names); grc, Ἱερουσαλήμ/Ἰεροσόλυμα, Hierousalḗm/Hierosóluma; hy, Երուսաղեմ, Erusałēm. i ...
,
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
, was already one of the world's largest generic manufacturers. The acquisition made Teva the largest generic drug company in North America.
Facilities and markets served
Teva Canada maintains several facilities in the
Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anch ...
area, including its headquarters in
Scarborough Scarborough or Scarboro may refer to:
People
* Scarborough (surname)
* Earl of Scarbrough
Places Australia
* Scarborough, Western Australia, suburb of Perth
* Scarborough, New South Wales, suburb of Wollongong
* Scarborough, Queensland, su ...
, a specialized
antibiotics manufacturing facility in
Markham Markham may refer to:
It may also refer to brand of of clothing which originates from South Africa which saw it's establishment in 1873.
Biology
* Markham's storm-petrel (''Oceanodroma markhami''), a seabird species found in Chile and Colombia
* ...
, and their main manufacturing facility in
Stouffville.
Their headquarters is also home to their main laboratory, packaging, and warehousing operations. According to their promotional brochure, their Markham site, which underwent a major expansion in 2004,
is the largest antibiotic manufacturing facility in North America.
In addition to the Canadian drug market, products manufactured by Teva Canada are exported worldwide
under the Teva name.
References
{{Authority control
Companies based in Scarborough, Toronto
Pharmaceutical companies of Canada
Pharmaceutical companies established in 1965