Company History

Growing up in Shelbyville, Kentucky, E. Thomas Arington began sweeping the floors of Scofield’s Pharmacy in his early childhood years. This experience, along with the mentorship he received from Mr. & Mrs. James Scofield, grew his passion for and dedication to the pharmaceutical industry — eventually leading him to start Prasco in 2002. Since its inception, Prasco has been consistently recognized as one of the fastest growing companies in the generic industry.

When our first Authorized Generic launched in 2004, Prasco became a pioneer and leader in a new category that has since fueled the company’s growth, brought brand quality products to the generic segment, and saved patients billions of dollars. Prasco has developed strong partnerships with many of the largest and most trusted brand companies and has increased competition across the industry, resulting in more options at lower prices for consumers. And we’ve done all of this with passion and commitment to our “love God, love people” creed.

Timeline

2002
Jan 2002
Prasco founded by E. Thomas Arington

Prasco founded by E. Thomas Arington

May 2002
Launched first pharmaceutical product

Launched first pharmaceutical product

2004
Jun 2004
Launched first Authorized Generic (AG)

Launched first Authorized Generic (AG)

2005
Sep 2005
Launched first blockbuster Authorized Generic of Allegra (fexofenadine hcl) tablets.

Launched first blockbuster Authorized Generic of Allegra (fexofenadine hcl) tablets.

2008
Jan 2008
Launched AG of top-selling generic product

Launched AG of top-selling generic product

Aug 2008
Grand opening of Prasco’s new corporate headquarters in Mason, OH

Grand opening of Prasco’s new corporate headquarters in Mason, OH

2009
Jul 2009
Launched 25th Authorized Generic

Launched 25th Authorized Generic

2012
Feb 2012
Prasco Healthcare Services launch

Prasco Healthcare Services launch

2013
Feb 2013
Launched 50th Authorized Generic

Launched 50th Authorized Generic

2014
Jan 2014
Launched Blockbuster, Authorized Generic of Cymbalta (duloxetine) Capsules

Launched Blockbuster, Authorized Generic of Cymbalta (duloxetine) Capsules

2015
Feb 2015
Prasco and affiliates purchase controlling shares of sister company, Aprecia

Prasco and affiliates purchase controlling shares of sister company, Aprecia

2016
Jul 2016
Launched 75th Authorized Generic

Launched 75th Authorized Generic

Aug 2016
Prasco expands portfolio through acquisition of first Cll product

Prasco expands portfolio through acquisition of first Cll product

2019
Feb 2019
Launched 10th blockbuster Authorized Generic of Advair Diskus (fluticasone propionate and salmeterol inhalation powder)

Launched 10th blockbuster Authorized Generic of Advair Diskus (fluticasone propionate and salmeterol inhalation powder)

2020
Jan 2020
Launched 100th Authorized Generic

Launched 100th Authorized Generic

Nov 2020
Prasco expands AG portfolio through major acquisition from Pfizer/Mylan divestiture

Prasco expands AG portfolio through major acquisition from Pfizer/Mylan divestiture

2021
Feb 2021
Prasco acquires Burel Pharma launching 1st Orphan Drug product

Prasco acquires Burel Pharma launching 1st Orphan Drug product

Oct 2021
Prasco expands portfolio through 1st Hampton Laine launch of Estradiol Cream

Prasco expands portfolio through 1st Hampton Laine launch of Estradiol Cream

2022
May 2022
Launched Authorized Generic of Blockbusters Flovent HFA (Fluticasone Propionate HFA Inhalation Aerosol) and Breo (Fluticasone Furoate/Vilanterol)

Launched Authorized Generic of Blockbusters Flovent HFA (Fluticasone Propionate HFA Inhalation Aerosol) and Breo (Fluticasone Furoate/Vilanterol)

2023
Mar 2023
Prasco acquires Independence Pharmaceuticals expanding CII portfolio with ProCentra (dextroamphetamine sulfate)

Prasco acquires Independence Pharmaceuticals expanding CII portfolio with ProCentra (dextroamphetamine sulfate)

2024
Jan 2024
Launched Authorized Generic of Blockbusters Farxiga (Dapagliflozin) and Xigduo (Dapagliflozin/Metformin ER)

Launched Authorized Generic of Blockbusters Farxiga (Dapagliflozin) and Xigduo (Dapagliflozin/Metformin ER)

Sep 2024
Launched Authorized Generic of Sprycel (Dasatinib)

Launched Authorized Generic of Sprycel (Dasatinib)

Where to Go Next?

Find a Prasco Product

DB+