Pharmascience

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Overview[edit | edit source]

Pharmascience logo

Pharmascience Inc. is a leading pharmaceutical company based in Canada. Founded in 1983, the company has grown to become one of the largest pharmaceutical firms in the country, providing a wide range of prescription, over-the-counter, and generic medications.

History[edit | edit source]

Pharmascience was established by two pharmacists, Morris Goodman and Ted Wise, with the vision of creating a company that would provide high-quality, affordable medications. Over the years, Pharmascience has expanded its operations globally, exporting its products to over 60 countries.

Products[edit | edit source]

Pharmascience offers a diverse portfolio of products, including:

  • Prescription medications: These include treatments for various conditions such as cardiovascular disease, diabetes, and mental health disorders.
  • Over-the-counter (OTC) products: Pharmascience provides a range of OTC products for common ailments like colds, allergies, and pain management.
  • Generic drugs: The company is known for its extensive line of generic medications, which are bioequivalent to brand-name drugs but offered at a lower cost.

Research and Development[edit | edit source]

Pharmascience invests significantly in research and development (R&D) to innovate and improve its product offerings. The company's R&D efforts focus on developing new formulations, improving drug delivery systems, and ensuring the highest standards of quality and safety.

Global Presence[edit | edit source]

Pharmascience has a strong international presence, with offices and distribution networks in various regions, including Europe, Asia, and Latin America. The company's global strategy involves forming strategic partnerships and alliances to enhance its market reach and product accessibility.

Corporate Social Responsibility[edit | edit source]

Pharmascience is committed to corporate social responsibility (CSR) and actively engages in initiatives that promote health and well-being. The company supports various community programs, health education campaigns, and environmental sustainability projects.

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Contributors: Prab R. Tumpati, MD