Pharmascience in Brief
Founded in 1983, Pharmascience Inc. is the largest pharmaceutical employer in Quebec with 1,500 employees proudly headquartered in Montreal. Pharmascience Inc. is a full-service privately owned pharmaceutical company with strong roots in Canada and a growing global reach with product distribution in over 60 countries. Ranked 51st among Canada’s top 100 Research & Development (R&D) investors with over $43 million invested in 2018, Pharmascience Inc. is the 4th largest manufacturer of generic drugs in the country.
Pharmascience Inc. has strong values based on the importance of investing in its employees and young people. Through various programs and initiatives, the company ensures it supports their personal development and life. Pharmascience Inc. has proudly been recognized for its investments by being selected as one of Canada’s Top Employers for Young People in 2020 and named as one of Montreal’s best employers, as part of the Canada’s Top 100 Employers project. The prestigious Forbes magazine also ranked Pharmascience Inc. among its list of top 300 employers in 2020.
Pharmascience Inc. has strong long-standing philanthropic ties with its communities, both locally and internationally. For more than 20 years, Pharmascience has been working through Health Partners International of Canada (HPIC) as a partner of choice to increase access to medicine. Pharmascience’s total donations of essential medicine is close to $70 million.
Pharmascience Inc. is a leading manufacturer and marketer of prescription generic, over-the-counter, and behind-the-counter products as well as FDA approved Canadian-made injectables. The company commercializes nearly 300 product families in 20 different dosage forms for over 2,000 products. In Canada alone, more than 45 million prescriptions a year are filled with Pharmascience products. For more information, please visit www.pharmascience.com.
Pharmascience Quick Facts
- Co-founded by pharmacists Morris Goodman and Ted Wise in 1983;
- Largest pharmaceutical employer in Quebec with 1,500 employees;
- Fourth largest generic pharmaceutical company in Canada;
- Ranked 51st among Canada’s top 100 R&D investors with CAD $43 million invested annually;
- Diversified portfolio of over 300 product families, both prescription and OTC;
- Sales in more than 60 countries;
- One of the largest providers of generic single-source products;
- A leader in customer service & support.
Morris Goodman B.Ph. LLD
Chairman of the Board
As one of Canada’s leading entrepreneurs and a pioneer in the generic drug industry, Mr. Morris Goodman has dedicated his career to creating a difference in Canadian and worldwide healthcare.
Mr. Goodman graduated with honours from the Faculty of Pharmacy at the University of Montreal in 1953 at the young age of twenty-one.
From the very beginning of his career, Mr. Goodman focused on the industry side of pharmacy, founding his own company, Winley-Morris, along with some business partners. In 1971, he sold Winley-Morris to the International Chemical & Nuclear Corporation (ICN). Impressed with his innovative approach, ICN appointed Morris Goodman as President of ICN Canada — a position he would hold until 1983.
That same year, he co-founded Pharmascience with his good friend and colleague Ted Wise. As Co-Founder & Chairman of the Board of Pharmascience Inc., Morris Goodman has been at the forefront of the company’s explosive growth and development, leading it to its current standing as one of the top four generic pharmaceutical manufacturers in Canada. Pharmascience is also the largest employer in Quebec’s pharmaceutical sector, with international operations in more than 60 countries. To this day, Mr. Goodman continues to play an active role as Pharmascience’s Chairman of the Board.
In addition to being a pharmacist and businessman, Mr. Goodman is also a leader in philanthropic initiatives in Montreal. Included among the major charitable donations made by The Morris & Rosalind Goodman Family Foundation are The Stroke Unit at the Jewish General Hospital of Montreal, the Agora at the Faculty of Pharmacy at the University of Montreal, and The Rosalind & Morris Goodman Cancer Research Centre at McGill University. More recently, the foundation funded the establishment of the CHU Sainte-Justine’s Goodman Pediatric Formulations Centre. The Goodman Foundation is also a major donor of the brand-new MIL Campus at the University of Montreal, which now houses the Faculty of Arts and Sciences.
In May of 2011, McGill University bestowed an honorary degree upon Mr. Goodman.
Chief Executive Officer
Dr. David Goodman is Chief Executive Officer of Pharmascience, which is today the 2nd largest privately-owned pharmaceutical company in Canada.
Dr. Goodman obtained his Bachelor degree in Commerce from McGill University, and his Ph.D. in pharmacology from the University of Virginia. Upon graduation, he began his career at Pharmascience in Business Development and has gained significant experience in progressively senior international and domestic roles.
Under Dr. Goodman’s leadership, Pharmascience has gone from being a strictly Canadian company to becoming an important player on the global stage. Pharmascience strives to be the first company to launch its generic pipeline in Canada, Europe and various markets throughout the world.
Dr. Goodman’s success is his belief and insistence on major and constant investment in internal and external R&D programs, as well as in employee development.
Chief Operating Officer
Since his arrival at Pharmascience in May 2017 as Chief Operating Officer, Jean-Guy Goulet has led the generic medicines commercialization activities both in Canada and abroad as well as all activities related to production, quality and supply chain management.
His unique combination of life experiences has inspired his management approach. A graduate in chemistry from the University of Montreal, he understands the importance of demonstrating rigor in all circumstances. Once a pitcher, who had considered a professional career in baseball, he knows how to surround himself with talented players in different positions to build a series of winning teams. A self-taught manager, his intuition and versatility lead him to develop a participatory management approach that inspires his colleagues to apply their sense of passion, initiative and accountability to their work.
His professional career began in 1987 at Technilab Pharma’s Quality Control Department, a company later acquired by the German society ratiopharm. He successively held various positions of increasing responsibility in various departments such as Operations, Sales, Marketing and Business Development. From 2002 to 2006, he was President of ratiopharm’s Canadian Commercial Division. After which, he led the North American Commercial Division as President between 2006 and 2010. In 2011, he joined Watson plc, which became Actavis in 2012. He then headed Actavis for both Canada and Latin America, until they acquired Allergan in April 2015. Shortly after, he became President of Actavis Canada, until its acquisition by a world leader in the pharmaceutical industry in 2016.
An influential member of the Canadian Generic Pharmaceutical Association (CGPA), he chaired the Board of Directors from 2002 to 2006. He was also involved in various negotiations during the review of federal patent laws between 1993-2006 as well as being on the negotiating committee of the Pan-Canadian Pharmaceutical Alliance.
An avid golfer, maple syrup producer and oenophile, Jean-Guy never misses an opportunity to share with his family and friends the joy which accompanies his various passions.
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