CDMO News

Bora Complete Acquisition of Upsher-Smith to Expand US Coverage

Bora Pharmaceuticals has announced the successful completion of its acquisition of Upsher-Smith Laboratories, LLC a generics manufacturer based in Minnesota, U.S.

Through this acquisition, Bora significantly expands its capability to serve U.S. customers.

Upsher-Smith now stands as a wholly-owned subsidiary of the Bora Group.  Bobby Sheng, Chairman and CEO of Bora Group, will immediately assume the role of Chairman for Upsher-Smith. Meanwhile, Rich Fisher, COO & President of Upsher-Smith, will continue to lead operations for the business, reporting directly to Mr. Sheng.

Bobby Sheng, emphasized the significance of this acquisition: “The integration of Upsher-Smith represents a major milestone in Bora’s growth strategy as we expand our presence in the U.S. market. It also aligns with our Contract Development and Manufacturing Organization (CDMO) strategy, reinforcing our commitment to meet the rising demand for trusted CDMO services.”

Highlighted the synergies created by this acquisition, he adds: “Upsher-Smith’s specialty generics platform perfectly complements our existing TWi division. By combining their product portfolio and distribution channels with ours, we are well-positioned to enhance our reach and impact in the U.S. market. We remain confident in our ability to execute a seamless integration, driving Bora’s continued expansion and success.”

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