MainPointe Pharmaceuticals to Purchase and License Mission's Consumer Products
Mission Pharmacal Company has recently divested several consumer products to MainPointe Pharmaceuticals, LLC. In addition, the marketing rights of additional consumer products have been licensed by Mission to MainPointe. As part of these transactions, the companies have also entered into a renewable Contract Manufacturing Agreement to continue manufacturing all of the included products that are currently made in Mission’s manufacturing facility. These agreements do not involve the marketing or manufacturing of any of Mission’s branded prescription medications.
“These are exciting agreements that will provide consumers greater access to the products involved due to MainPointe’s existing relationships within more diverse distribution channels,” says Mission President Neill Walsdorf, Jr. “Mission remains passionate about the products involved, and more importantly, we are steadfast in our support of the end users who rely on these products every day.”
As part of the agreements, the following product lines have been divested:
- Thera-Gesic (dual-action, pain relieving creme)
- Thera-Gesic Plus
- Dr. Smith’s Diaper Rash Ointment (pediatrician-developed, diaper rash treatment)
- Dr. Smith’s Diaper Rash Spray
- Dr. Smith’s Adult Barrier Spray (treatment and preventative for incontinence-associated dermatitis)
- Dr. Smith’s Adult Ointment
Marketing rights have been licensed by Mission to MainPointe for the following product lines:
- Calcet (calcium supplement option for a broad range of patients)
- Fosfree (calcium, vitamins, and iron supplement)
- Heat Guard (sodium and potassium chloride supplement)
- Maxilube (personal lubricant)
- Lycelle Head Lice Removal Kit (pesticide free, head lice eliminator)
Beyond its core pharmaceutical business, Mission is the parent company of the Mission Family of Companies, a group of wholly-owned subsidiaries that function independently, with collective product and service offerings that can be scaled to provide customizable solutions to meet the needs of its business partners. Specific to the MainPointe agreements, BexR Logistix, LLC and its subsidiary EPIC Fulfillment, Inc. have the infrastructure in place to provide warehousing and fulfillment. Alamo Pharma Services, Inc. is well positioned to provide sales support and sales force training.
“We look at these agreements as the beginning of an exciting strategic partnership between Mission and MainPointe,” notes Walsdorf. “Our industry is continually evolving and we hold strong to the belief that partnering for success is more essential today than ever before.”