A Pharmaceutical Company With A Unique Story.
SteriMax has a unique history which centers on the vision of its founder, Mahen (Mike) Acharya and has grown over the years through the knowledge, expertise and hardwork of the executive team and SteriMax staff. Mr. Acharya came to Canada in the 1970’s with a Bachelor of Pharmacy Degree from Bath University in England. He opened and ran a successful chain of retail pharmacies in Ontario under his banner Super Discount Drugs. He divested the business to Shoppers Drug Mart in the 80’s.
Once the divestment was complete he saw an opportunity in the drug distribution business and the need for a regional wholesaler who could provide drug products and other services to local independent pharmacies in his area. He opened Trent Drugs (Wholesale) Ltd with a philosophy to provide pharmacies a high-value low-cost customized service. Over the next 20 years, Trent Drugs (Wholesale) Ltd. grew from the basement of a pharmacy to become the 3rd largest National drug wholesaler in Canada, operating 7 distribution centres in 5 provinces.
In 2005, Mr. Acharya divested this business to a US based Fortune 50 company, AmerisourceBergen; one of the largest pharmaceutical distribution companies in North America.
SteriMax emerged during the 1990’s while Trent was still operating. Mr. Acharya, a true entrepreneur, saw a need for a company that could specialize in niche small volume parenteral products with a strong customer focus. Initially, SteriMax marketed and distributed an injectable product line as well as a small oral dosage line. In 2004, SteriMax solidified its position in the marketplace by acquiring 5 products from Novartis.
SteriMax is poised for continued growth and success; offering a robust product pipeline and a management team with expertise in product research, manufacturing, business development, sales, strategic alliances, scientific affairs and distribution.