SATIS_1170x120_1-25-21

Upsher-Smith generics

Sawai wraps up acquisition of Upsher-Smith generics unit

Sawai wraps up acquisition of Upsher-Smith generics unit

TOKYO and MINNEAPOLIS — Sawai Pharmaceutical Co. Ltd. has closed its $1.05 billion acquisition of the Upsher-Smith Laboratories generic drug business. Sawai, which unveiled the deal with Upsher-Smith parent Acova Inc. in April, plans to retain Upsher’s headquarters in Minnesota and operation in Colorado. And as previously announced, Upsher-Smith will retain its current leadership, with