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. Teva specializes primarily in generic drugs, but other business interests include branded-drugs, active pharmaceutical ...

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 antibiotic in the tetracyclines family of medications, used to treat a number of infections, including acne, cholera, brucellosis, plague, malaria, and syphilis. It is available in oral an ...

. 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

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, although all products continued to be made in Canada. Novopharm was the first generic company to market a generic version of Glaxo'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

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, 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 ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

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, sub ...

, a specialized

antibiotic An antibiotic is a type of antimicrobial substance active against bacteria. It is the most important type of antibacterial agent for fighting pathogenic bacteria, bacterial infections, and antibiotic medications are widely used in the therapy ...

s manufacturing facility in Markham, 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, Ontario Pharmaceutical companies of Canada Pharmaceutical companies established in 1965