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Generic Name: Olmesartan. Generic for Benicar* (Olmesartan) is used to treat high blood pressure (hypertension). This medication relaxes and expands the blood vessels thereby lowering the blood pressure levels, which helps prevent heart attacks, strokes, and kidney problems.
The Food and Drug Administration approved Benicar, an angiotensin receptor blocker (ARB) used to treat high blood pressure in 2002. Benicar is the brand name for olmesartan medoxomil and is manufactured by Daiichi Sankyo, Inc., the US division of the Japanese pharmaceutical giant, Daiichi Sankyo Company, Limited. Benicar is one of the top 100 selling drugs in the US, with over 11 million prescriptions written each year. It brought an estimated $3.1 billion in sales for Daiichi Sankyo, whose total revenue was reported at $11 billion for the year 2013. The global company, Daiichi Sankyo Co., Ltd.