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  3. Healthcare & Pharmaceuticals
  4. Lipitor
Lipitor logo
Healthcare & Pharmaceuticals

Who Owns Lipitor?

Lipitor is owned by Viatris Inc. (NASDAQ: VTRS), a global healthcare company headquartered in Canonsburg, Pennsylvania. Viatris acquired Lipitor in November 2020 when Pfizer spun off its Upjohn division (which included Lipitor) and combined it with Mylan to form Viatris. Lipitor is the brand name for atorvastatin calcium, a statin medication that lowers LDL cholesterol. Originally developed by Parke-Davis (a Warner-Lambert division) and acquired by Pfizer in 2000, Lipitor was the world's best-selling prescription drug from 1996 to 2012 with over $125 billion in cumulative sales. In FY2025, Lipitor generated $1.55 billion in net sales for Viatris. Viatris reported total FY2025 revenues of $14.3 billion.

Parent Company

Viatris Inc.

Acquired

2020

Status

Publicly Traded

Headquarters

Canonsburg, Pennsylvania, USA

Lipitor Timeline

1996

Lipitor

Founded by Parke-Davis (Warner-Lambert division, original developer)

Founded
2020
Acquired by Viatris Inc.

Viatris Inc. acquired Lipitor

Acquired
premiumpremiumGlobalall-agessustainable manufacturingenvironmental compliancecarbon reduction goalsresponsible disposalOfficial Website

Who Owns Lipitor?

  • Parent Company: Viatris Inc.
  • Ownership Type: Wholly owned
  • Acquisition Year: 2020
  • Company Type: Publicly Traded
  • Stock Ticker: Nasdaq: VTRS
BrandParent CompanyOwnership Type
LipitorViatris Inc.Wholly owned

Where to Buy

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AmazonLipitor on Amazon

History of Lipitor

  • Founded: 1996
  • Founders: Parke-Davis (Warner-Lambert division, original developer)
  • Acquired by Viatris Inc.: 2020

Lipitor's development began in the early 1980s at Parke-Davis, a pharmaceutical research division of Warner-Lambert Company based in Ann Arbor, Michigan. The research program was focused on developing a new statin medication, a class of drugs that inhibit HMG-CoA reductase, an enzyme involved in cholesterol synthesis in the liver. Statins had been pioneered by Merck, which launched lovastatin (Mevacor) in 1987 as the first commercially available statin.

The key scientific breakthrough came from Bruce Roth, a medicinal chemist at Parke-Davis, who synthesized atorvastatin in 1985. Early laboratory testing suggested that atorvastatin was significantly more potent than existing statins at lowering LDL cholesterol. However, Warner-Lambert's management was initially skeptical about investing in another statin given the competitive market, and the program faced internal pressure to be discontinued.

The program's survival was secured when early human clinical trials, conducted on Warner-Lambert employees, demonstrated that atorvastatin produced substantially greater LDL cholesterol reductions than competing statins at equivalent doses. This superior efficacy data justified continued development, and Warner-Lambert proceeded with the clinical trials necessary for regulatory approval.

Lipitor received FDA approval on December 17, 1996, as an adjunct to diet to reduce elevated total cholesterol, LDL cholesterol, apolipoprotein B, and triglycerides in patients with primary hypercholesterolemia. At the time of its approval, Lipitor was the fifth statin to reach the U.S. market, entering a competitive field that already included lovastatin (Merck), simvastatin (Merck), pravastatin (Bristol-Myers Squibb), and fluvastatin (Novartis).

Despite entering the market as a late competitor, Lipitor's superior efficacy at lowering LDL cholesterol gave it a significant clinical advantage. Clinical trials demonstrated that Lipitor could achieve LDL reductions of 39% to 60% depending on dose, compared to lower reductions achievable with competing statins at their maximum doses. This efficacy advantage was particularly important for patients with severely elevated cholesterol who required aggressive LDL reduction.

Warner-Lambert lacked the sales force necessary to compete effectively against Merck and Bristol-Myers Squibb in the statin market, so the company entered into a co-promotion agreement with Pfizer in 1997. Under this agreement, Pfizer's much larger U.S. sales force co-promoted Lipitor alongside Warner-Lambert's representatives. The co-promotion arrangement proved highly effective, and Lipitor rapidly gained market share.

By 2000, Lipitor had become the world's best-selling prescription drug, surpassing Merck's Zocor (simvastatin). The drug's commercial success made Warner-Lambert an attractive acquisition target. Pfizer launched a hostile takeover bid for Warner-Lambert in November 1999, competing against a friendly merger agreement that Warner-Lambert had signed with American Home Products (later Wyeth). Pfizer ultimately prevailed, completing the $90 billion acquisition of Warner-Lambert in June 2000 and gaining full ownership of Lipitor.

Under Pfizer's ownership, Lipitor's commercial success continued to grow. The drug generated peak annual revenues of approximately $13 billion in 2006, making it the first prescription drug to achieve $10 billion in annual sales. From 1996 to 2012, Lipitor generated cumulative sales exceeding $125 billion, making it the best-selling prescription drug in pharmaceutical history.

Lipitor's U.S. patent expired on November 30, 2011, a date that Pfizer had been preparing for years. Following patent expiry, generic manufacturers including Ranbaxy Laboratories (later acquired by Sun Pharmaceutical) and Watson Pharmaceuticals (later acquired by Allergan) launched generic atorvastatin, rapidly capturing the majority of atorvastatin prescriptions in the United States. Pfizer employed various strategies to defend Lipitor's market position, including authorized generic agreements and patient assistance programs, but the revenue decline following patent expiry was substantial.

Lipitor continues to be sold by Viatris in markets where brand loyalty, regulatory exclusivity, or other factors have maintained the branded product's market position. The drug remains one of the most widely prescribed medications in the world, with atorvastatin (in both branded and generic forms) prescribed to tens of millions of patients globally for cholesterol management and cardiovascular disease prevention.

In November 2020, Pfizer spun off its Upjohn division, which included Lipitor and 19 other off-patent legacy brands, and combined it with Mylan N.V. through a Reverse Morris Trust transaction to form Viatris Inc. (NASDAQ: VTRS). This transfer moved Lipitor from Pfizer's ownership to Viatris, where it became part of a portfolio of established medicines and generics. Under Viatris ownership, Lipitor generated $1.55 billion in net sales in FY2025, making it Viatris's largest product by net sales.

About Viatris Inc.

What does Viatris own?
Viatris owns the Lipitor, Viagra, Xanax, and Eliquis brands, along with a portfolio of over 1,400 approved generic molecules across cardiovascular, respiratory, central nervous system, oncology, immunology, and other therapeutic areas. The company also has a pipeline of complex generics and biosimilars. Its product portfolio was formed through the merger of Upjohn (Pfizer's legacy brand-name drug business) and Mylan (a global generic pharmaceutical company).

Is Viatris publicly traded?
Yes, Viatris Inc. is publicly traded on the Nasdaq stock exchange under ticker VTRS. The company has a dispersed shareholder base with institutional investors holding the majority of shares. Pfizer distributed its Viatris shares to Pfizer shareholders in 2021 and no longer holds a significant ownership stake. Viatris returned more than $1 billion to shareholders in 2025 through share repurchases and dividends.

Who founded Viatris?
Viatris was not founded by individuals. It was created in November 2020 through the merger of Upjohn, a division of Pfizer that held legacy brand-name drugs, and Mylan, a global generic pharmaceutical company founded in 1961 in White Sulphur Springs, West Virginia. The merger combined Upjohn's brand-name portfolio with Mylan's generic manufacturing capabilities to form a new company focused on providing access to affordable medicines.

Where is Viatris headquartered?
Viatris is headquartered in Canonsburg, Pennsylvania, USA. The company maintains its corporate offices in Pennsylvania and operates manufacturing facilities, distribution centers, and sales offices across the world. Its manufacturing network includes facilities in the United States, India, Europe, and China.

How many brands does Viatris own?
Viatris owns four key brand-name medicines: Lipitor, Viagra, Xanax, and Eliquis. The company also owns a portfolio of over 1,400 approved generic molecules across multiple therapeutic areas. In 2025, the company generated approximately $324 million in new product revenues and expects $450 million to $550 million in new product revenues in 2026 from its pipeline of generic and complex generic products.

Who owns Viatris?
Viatris is a publicly traded company with a dispersed shareholder base. Institutional investors, including mutual funds and investment firms, hold the majority of shares. No single shareholder has controlling ownership. Pfizer, the former parent of Upjohn, distributed its Viatris shares to Pfizer shareholders in 2021 and no longer holds a significant stake. The company is governed by a board of directors with independent representation.

What are Viatris's largest brands?
Lipitor and Viagra are Viatris's most recognizable brand-name products. Lipitor is a cholesterol-lowering statin medication originally developed by Pfizer. Viagra is an erectile dysfunction medication also originally developed by Pfizer. Xanax, an anti-anxiety medication, and Eliquis, an anticoagulant, are the company's other major brand-name products. Together, these brands contribute to the Developed Markets segment, which generated $8.5 billion in revenue in 2025.

  • Founded: 2020
  • Headquarters: Canonsburg, Pennsylvania, USA
  • Company Type: Publicly Traded
  • Stock: Nasdaq: VTRS
  • Revenue: $14.3 billion (FY2025)
  • Employees: approximately 32,000

Visit Viatris Inc. website

View full company profile for Viatris Inc.

Where Is Lipitor Made / Based?

  • Headquarters: Canonsburg, Pennsylvania, USA
  • Manufacturing / Operations: United States, Belgium, Ireland, United Kingdom

Lipitor Categories & Tags

CardiovascularCholesterolStatinPrescriptionViatrisAmerican Brand

Lipitor Sustainability & Ethics

Lipitor operates under Viatris's environmental, social, and governance (ESG) framework, which includes sustainable manufacturing practices, environmental compliance, carbon reduction initiatives, and responsible pharmaceutical waste management. As a prescription medication, Lipitor's sustainability considerations encompass sustainable pharmaceutical manufacturing, environmental compliance in drug production, carbon footprint reduction, and responsible disposal and waste management practices.

Sustainable Pharmaceutical Manufacturing: Lipitor is produced using advanced pharmaceutical manufacturing processes that prioritize environmental sustainability and operational efficiency. Viatris implements comprehensive environmental management systems at Lipitor production facilities, including energy-efficient manufacturing processes, water conservation measures, and waste reduction initiatives.

Environmental Compliance and Regulatory Standards: Lipitor production facilities maintain strict compliance with international environmental regulations and pharmaceutical industry standards. Viatris implements comprehensive environmental monitoring and reporting systems across all Lipitor manufacturing sites, ensuring adherence to environmental protection requirements while maintaining the rigorous quality control standards essential for pharmaceutical drug production.

Responsible Pharmaceutical Waste Management: Lipitor production and distribution generate specific waste streams that require specialized handling and disposal procedures. Viatris implements comprehensive waste management protocols for pharmaceutical manufacturing byproducts, expired medications, and packaging materials, ensuring environmentally responsible disposal while maintaining safety and regulatory compliance.

Supply Chain Ethics and Transparency: Lipitor's global supply chain operates under strict ethical guidelines that ensure responsible sourcing of raw materials, fair labor practices, and transparent business relationships. Viatris maintains comprehensive supplier qualification programs and ethical sourcing standards that extend across Lipitor's entire supply chain, from raw material suppliers to distribution partners.

Clinical Research Ethics: Lipitor's development and continued clinical research adhere to the highest ethical standards in clinical trial conduct and patient safety. Viatris maintains comprehensive ethics review processes, informed consent procedures, and patient safety monitoring systems that ensure ethical conduct of all Lipitor-related clinical research and post-marketing surveillance activities.

Awards & Recognition

Lipitor has received significant recognition throughout its history for pharmaceutical innovation, clinical excellence, and contributions to cardiovascular disease treatment. The drug's revolutionary approach to cholesterol management has been acknowledged by medical organizations, research institutions, and patient advocacy groups worldwide.

Breakthrough Therapy Recognition: Lipitor received widespread recognition as a breakthrough therapy that fundamentally changed the treatment landscape for hypercholesterolemia and cardiovascular disease prevention. Medical organizations and cardiology societies acknowledged Lipitor as one of the most effective statins for LDL cholesterol reduction, recognizing its superior efficacy compared to earlier statin medications.

Clinical Excellence Awards: Lipitor has received numerous awards for clinical excellence and therapeutic innovation from medical organizations and research institutions. The drug's demonstrated efficacy in reducing cardiovascular events and improving patient outcomes has been acknowledged through prestigious medical awards and recognition programs.

Research Innovation Recognition: The development of Lipitor and the underlying atorvastatin molecule have received significant recognition from the scientific community. Research institutions and pharmaceutical organizations have acknowledged the innovative science behind atorvastatin and its role in advancing the field of cardiovascular medicine and lipid management.

Patient Advocacy Recognition: Lipitor has been recognized by patient advocacy organizations and cardiovascular health groups for its transformative impact on patient outcomes. Heart disease and stroke prevention organizations have acknowledged Lipitor's role in reducing cardiovascular events and improving quality of life for patients with elevated cholesterol.

Industry Leadership Awards: Lipitor has received industry recognition for its development and commercialization, acknowledging the drug's commercial success alongside its therapeutic impact. Pharmaceutical industry organizations have recognized Lipitor as a model for successful pharmaceutical innovation and commercialization strategies.

Regulatory and Safety Recognition: Lipitor's regulatory approval process and post-marketing safety surveillance have been acknowledged as models for pharmaceutical drug development and monitoring. Regulatory agencies and medical safety organizations have recognized the comprehensive approach to safety monitoring and risk management implemented for Lipitor.

Lipitor Recalls & Controversies

Lipitor has maintained a strong safety record throughout its more than 25 years of clinical use, though it has faced some controversies related to generic competition, manufacturing issues, and broader pharmaceutical industry challenges. These issues reflect broader challenges in the pharmaceutical market rather than specific safety or quality concerns with Lipitor itself.

Generic Atorvastatin Recall (2025): In October 2025, the U.S. Food and Drug Administration announced a Class II recall affecting more than 140,000 bottles of generic atorvastatin calcium tablets manufactured by Alkem Laboratories and distributed by Ascend Laboratories. The recall was initiated due to "failed dissolution specifications," meaning the medication was not dissolving correctly, which could impact its ability to lower cholesterol as intended. This recall affected generic atorvastatin, not branded Lipitor, but demonstrates ongoing quality control challenges in the statin market.

Patent Expiry and Generic Competition: Lipitor's U.S. patent expiry in November 2011 generated significant controversy regarding intellectual property, market exclusivity, and patient access. Pfizer faced criticism from generic manufacturers and patient groups regarding efforts to maintain market share and protect patent rights, while generic companies faced questions about demonstrating therapeutic equivalence.

Statin Side Effects and Safety Concerns: Like all statins, Lipitor carries known risks of side effects including myopathy (muscle pain), elevated liver enzymes, and a small increased risk of type 2 diabetes. These safety considerations have generated controversy regarding appropriate patient selection, monitoring requirements, and risk-benefit considerations in clinical practice. The safety profile has been extensively studied and is well-characterized, but remains a consideration in treatment decisions.

Pricing and Access Controversies: Lipitor's high price point during its patent-protected period generated controversy regarding patient access and healthcare system costs. The drug's annual treatment costs were criticized by patient advocacy groups and healthcare payers, particularly in markets with limited insurance coverage or government healthcare systems.

Clinical Trial Design Controversies: Some aspects of Lipitor's clinical development program have faced scrutiny from the medical community regarding trial design, endpoint selection, and statistical analysis. These controversies reflect broader debates in pharmaceutical research methodology rather than specific issues with Lipitor's clinical evidence.

Brands Owned by Viatris Inc.

EliquisHealthcare Pharmaceuticals

Eliquis

Owned by Viatris Inc.

Prescription anticoagulant medication (apixaban) for preventing blood clots and stroke in patients with atrial fibrillation. Co-developed and co-marketed by Bristol-Myers Squibb and Pfizer. One of the highest-grossing pharmaceutical products globally with $14.4 billion in 2025 sales.

cardiovascularanticoagulantblood-thinner
ViagraHealthcare Pharmaceuticals

Viagra

Owned by Viatris Inc.

Brand name for sildenafil citrate, the first oral erectile dysfunction treatment approved by the FDA in 1998. Originally developed by Pfizer, now owned by Viatris following the 2020 Upjohn spinoff and Mylan merger.

erectile-dysfunctionmens-healthprescription
View all brands owned by Viatris Inc.

Lipitor Ownership: Pros & Cons

Advantages

  • +Lipitor's clinical track record, with over 25 years of post-approval safety and efficacy data from tens of millions of patients, provides physicians and patients with a level of confidence that newer medications cannot match
  • +Viatris's global manufacturing infrastructure and regulatory relationships ensure consistent product quality and supply continuity across more than 165 countries where Lipitor is sold
  • +FY2025 net sales of $1.55 billion, up 5.5% year over year, making Lipitor Viatris's largest product by net sales
  • +The Lipitor brand name retains significant recognition among patients and physicians who have used the drug for decades, supporting continued branded sales in markets where generic competition is less intense
  • +Atorvastatin's established position in clinical guidelines for cardiovascular disease prevention ensures continued prescription volume regardless of whether patients receive the branded or generic formulation
  • +Viatris's presence in Greater China and Emerging Markets provides growth opportunities for branded Lipitor in markets where generic penetration is lower

Considerations

  • -Lipitor's U.S. patent expiry in November 2011 resulted in rapid generic substitution, with generic atorvastatin capturing the majority of U.S. atorvastatin prescriptions
  • -Generic atorvastatin is available from numerous manufacturers at a fraction of the cost of branded Lipitor, limiting the branded product's market share in price-sensitive markets and among cost-conscious payers
  • -Viatris's total revenues declined 3% in FY2025, reflecting the impact of divestitures and competitive pressures on its broader portfolio
  • -Potential side effects of atorvastatin, including myopathy (muscle pain), elevated liver enzymes, and a small increased risk of type 2 diabetes, require patient monitoring and can lead to treatment discontinuation
  • -Competition from rosuvastatin (Crestor/generic) and other statins, as well as newer cholesterol-lowering medications including PCSK9 inhibitors (Repatha, Praluent), provides alternatives for patients who do not respond optimally to atorvastatin

Frequently Asked Questions About Lipitor

Sources & Further Reading

  • Viatris FY2025 Q4 and Full Year Results
  • Viatris FY2025 Annual Report (10-K)
  • Viatris Corporate Website
  • Viatris Investor Relations
  • FDA Lipitor Approval Information
  • FDA Atorvastatin Recall Information
  • American Heart Association - Statin Information
  • National Lipid Association - Cholesterol Management
  • Journal of the American Medical Association - Lipitor Clinical Studies
  • New England Journal of Medicine - Statin Research

Competitors to Lipitor

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
CaduetCaduet
Pfizer
USA
2004
Mass marketUnited statesAll Genders
CVS PharmacyCVS Pharmacy
Cvs Health
USA
1963
Mass marketUnited statesAll Genders
EntrestoEntresto
Novartis
Switzerland
2015
Mass marketGlobalAll Genders
NorvascNorvasc
Pfizer
USA
1987
Mass marketGlobalAll-ages
PlavixPlavix
Sanofi
France
1997
Mass marketGlobalAll Genders
VasereticVaseretic
Bausch Health
Canada
1987
Mass marketUnited statesAll Genders

Learn More About Competitors

CaduetHealthcare Pharmaceuticals

Caduet

Owned by Pfizer Inc.

Prescription combination drug containing amlodipine and atorvastatin, co-promoted by Pfizer and developed for simultaneous blood pressure and cholesterol management.

prescription-drugcardiovascularhypertension
CVS PharmacyHealthcare Pharmaceuticals

CVS Pharmacy

Owned by CVS Health Corporation

American pharmacy retail chain and one of the largest pharmacy networks in the United States, owned by CVS Health.

pharmacyretailhealthcare
EntrestoHealthcare Pharmaceuticals

Entresto

Owned by Novartis

Prescription cardiovascular medication combining sacubitril and valsartan for treating heart failure, developed and marketed by Novartis. Faced generic competition after July 2025 patent expiry following $7.7 billion in 2025 sales.

cardiovascularheart-failureprescription
NorvascHealthcare Pharmaceuticals

Norvasc

Owned by Pfizer Inc.

Prescription calcium channel blocker medication for treating high blood pressure and angina, manufactured and marketed by Pfizer.

cardiovascularblood-pressurecalcium-channel-blocker
PlavixHealthcare Pharmaceuticals

Plavix

Owned by Sanofi

Clopidogrel antiplatelet medication co-developed by Sanofi and Bristol-Myers Squibb, FDA approved in 1997, that became the world's second best-selling drug before its patent expired in May 2012.

cardiovascularantiplateletclopidogrel
VasereticHealthcare Pharmaceuticals

Vaseretic

Owned by Bausch Health Companies Inc.

Prescription combination medication for hypertension containing enalapril and hydrochlorothiazide, originally developed by Merck and now distributed by Bausch Health.

cardiovascularblood-pressurehypertension

Competitive Analysis

Market Positioning: Lipitor competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Lipitor

Looking for brands with different ownership structures? These similar brands are not owned by Viatris Inc., giving you alternative choices that support different corporate structures.

GE HealthCareHealthcare Pharmaceuticals

GE HealthCare

Owned by GE HealthCare Technologies Inc.

Independent publicly traded healthcare technology company spun off from General Electric in January 2023, providing medical imaging, diagnostics, and healthcare IT solutions globally.

healthcare-technologymedical-imagingdiagnostics
Publicly Traded

GE HealthCare operates independently without a large parent corporation.

PfizerHealthcare Pharmaceuticals

Pfizer

Owned by Pfizer Inc.

American multinational pharmaceutical corporation developing and manufacturing medicines, vaccines, and consumer healthcare products, one of the world's largest pharmaceutical companies.

pharmaceuticalvaccinesmedicines
Publicly Traded

Pfizer operates independently without a large parent corporation.

PhilipsHealthcare Pharmaceuticals

Philips

Owned by Koninklijke Philips N.V.

Health technology brand owned by Koninklijke Philips N.V., a publicly traded Dutch company listed on Euronext Amsterdam (PHIA). Covers medical imaging, patient monitoring, and personal health products.

healthcare-technologyelectronicsmedical-devices
Publicly Traded

Philips operates independently without a large parent corporation.

TirosintHealthcare Pharmaceuticals

Tirosint

Owned by IBSA Institut Biochimique S.A.

IBSA Institut Biochimique SA's branded levothyroxine softgel capsule (Tirosint) and liquid solution (Tirosint-SOL), FDA approved for hypothyroidism, formulated without dyes, gluten, lactose, alcohol, or sugar, providing an excipient-free alternative to conventional levothyroxine tablets for patients with sensitivities or absorption issues.

levothyroxinehypothyroidismthyroid
Privately Owned

Tirosint is privately owned, unlike Lipitor which is under a publicly traded parent company.

AlconHealthcare Pharmaceuticals

Alcon

Owned by Alcon Inc.

Independent publicly traded global eye care company headquartered in Geneva, Switzerland, specializing in surgical equipment, contact lenses, and ophthalmic products. Spun off from Novartis in April 2019.

eye-carecontact-lensesophthalmic
Publicly Traded

Alcon operates independently without a large parent corporation.

HerbalifeHealthcare Pharmaceuticals

Herbalife

Owned by Herbalife Ltd.

Global nutrition and weight-management brand owned by Herbalife Ltd. and sold through independent distributors in more than 90 markets.

nutritiondietary-supplementsweight-management
Publicly Traded

Herbalife operates independently without a large parent corporation.

Viatris Inc. Stock Information

Jobs at Viatris Inc.

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team