Edwards Lifesciences, Teva Pharmaceuticals and Varex Imaging do business all over the world, but these companies go way back in Utah. Their commitment to their employees and local communities runs deep.
MEDICAL DEVICE LEADER EDWARDS DRIVES MEANINGFUL INNOVATION FOR PATIENTS
Edwards Lifesciences is a global leader in patient-focused medical innovations for structural heart disease and critical care monitoring. Driven by a passion to help patients, the company collaborates with the world's leading clinicians and researchers to address unmet healthcare needs, working to improve patient outcomes and enhance lives. Edwards' technologies address large and growing patient populations in which there are significant unmet clinical needs.
Edwards established its Utah roots in 1997 with the acquisition of Research Medical Inc., based in Midvale. In 2010, Edwards began manufacturing cardiac surgery systems products and accessories for its transcatheter heart valve systems in Draper, all existing operations and approximately 250 employees from its Midvale facility to Draper. Currently, there are approximately 1,000 employees in Draper.
Edwards' long-term growth is fueled by innovation and addressing unmet patient needs. Last year, the company invested 17 percent of sales in research & development (R&D), and product growth in recent years is directly related to the outputs of Edwards' R&D. Edwards has been proud to introduce several innovative products that have helped maintain strong global leadership positions and have enabled more patients to benefit from the company's life-saving technologies than ever before.
WITH RECENT ACQUISITIONS, TEVA CALLS SALT LAKE CITY HOME
Teva Pharmaceuticals is a relative newcomer to Salt Lake City, but the R&D and manufacturing sites it now operates have been part of the area's business economy for more than three decades.
Teva's local presence dates to 2011, when the Israel-based parent company acquired Cephalon and its manufacturing plant near Salt Lake City International Airport. Five years later, in 2016, Teva bought Allergan's generics business, Actavis Generics, and took over that company's R&D and manufacturing facility in Research Park at the University of Utah.
Today Teva produces a wide range of pharmaceutical products at the two manufacturing locations, including hormone replacement therapies; pain relief, hypertension and cold sore medications; and treatments for...