Who owns Lipovitan-D (Thailand)?
Lipovitan-D (Thailand) is made and sold by Osotspa (Thailand, SET: OSP) under licence, an arrangement in place since 1965; Osotspa does not own the name.[1] The Lipovitan-D name is owned by Taisho Pharmaceutical.
Evidence: Osotspa 2025 Annual Report (Form 56-1 One Report), Osotspa Public Company Limited. Last checked .
Key facts
- Licensed to
- Osotspa Public Company Limited reported
- Since
- Headquarters
- 🇹🇭 Thailand, Bangkok
- Origin
- 🇯🇵 Japan
- Category
- Beverages › Soft drinks › Energy drinks
- Parent ticker
- SET: OSP
- Last verified
- · 1 sources
About Lipovitan-D (Thailand)
Lipovitan-D is a Japanese energy drink that Osotspa introduced in 1965 as Thailand's first energy drink, under licence from Taisho Pharmaceutical, which owns the brand. The Thai version combines B vitamins with 1,000 mg of taurine and marked its 60th anniversary in 2025 with a larger 150 ml bottle. Taisho and Osotspa also run a joint venture, Osotspa Taisho, owned 60% and 40%.
Ownership timeline of Lipovitan-D (Thailand)
Where Lipovitan-D (Thailand) sits in Osotspa
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Osotspa ownership tree →
See the full Osotspa brand portfolio (10) →
Other brands owned by Osotspa
Osotspa controls 11 brands on Brandtree, 4 of them in beverages.
Also in beverages
- M-150 (1985)
- Shark
- Som In Sum
Other brands in energy drinks, and who owns them
The 44 brands in energy drinks on Brandtree belong to 34 owners. The largest is Monster Beverage, with 5; Osotspa has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Bang Energy | Monster Beverage | 🇺🇸 United States |
| Climax | Heineken | 🇳🇱 Netherlands |
| Alani Nu | Celsius Holdings | 🇺🇸 United States |
| Baikal | Chernogolovka | 🇷🇺 Russia |
| Boost | A.G. Barr | 🇬🇧 United Kingdom |
| Volt | AJE | 🇵🇪 Peru |
| Collab | Bera | 🇮🇸 Iceland |
| Cheetah Energy Drink | BRALIRWA | 🇷🇼 Rwanda |
About the owner: Osotspa
Osotspa is a publicly listed company headquartered in Bangkok, Thailand, founded in 1891.
Osotspa is a Thai consumer products company that traces its origins to Teck Heng Yoo, a pharmacy established in 1891 selling traditional herbal remedies such as Krisnaklan under the Kilane brand. It introduced Lipovitan-D, Thailand's first energy drink, under licence from Japan's Taisho Pharmaceutical in 1965, launched its own M-150 in 1985, and reports a 44.2% share of the Thai energy drink market. It listed on the Stock Exchange of Thailand as OSP in 2018.
🇯🇵 Lipovitan-D (Thailand) and other Japanese brands
Brandtree records a controlling owner for 456 brands that began in Japan. 23 of them (5%) are now controlled by a company headquartered in another country, Lipovitan-D (Thailand) among them.
- Aquarius — Coca-Cola 🇺🇸
- Asahi Super Dry — Asahi Group 🇯🇵
- Blendy — Ajinomoto 🇯🇵
- Café au Lait — Glico 🇯🇵
- Gogo no Kocha — Kirin 🇯🇵
- Hibiki — Suntory 🇯🇵
Frequently asked questions
Who makes Lipovitan-D (Thailand)?
Osotspa makes and sells Lipovitan-D (Thailand) under a licensing agreement that has been in place since 1965.
Does Osotspa own Lipovitan-D (Thailand)?
No. Osotspa holds a licence to make and sell Lipovitan-D (Thailand), which is not the same as owning it.
Where did Lipovitan-D (Thailand) come from?
Lipovitan-D (Thailand) originated in Japan.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Osotspa 2025 Annual Report (Form 56-1 One Report) — Osotspa Public Company Limited, Official document; retrieved 16 September 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.