Pharma titan Pfizer adds natural immunity product
Pfizer, one of the world’s largest pharmaceutical enterprises, has bought the makers of Emergen-C. The vitamin C supplement is filling out the Pfizer consumer product portfolio, according to my friend Tracy Staton, who reports for FiercePharma.
Pfizer is snapping up the company that makes Emergen-C, those ubiquitous vitamin C packets that sell for some $10 a box. The world’s biggest drugmaker will add California-based Alacer to its consumer health operations, acquired along with Wyeth in 2009. “Emergen-C products add to and greatly complement our market-leading dietary supplement portfolio,” Pfizer Consumer Healthcare President Paul Sturman said in a statement. Alacer makes about 500 million Emergen-C packets a year, Pfizer said. The terms of the deal weren’t disclosed.
Viral Times unfolds its story in a near-future where pharmas like Pfizer are allied with health insurance providers to create the PharmAlliance. This latest news shows Pfizer is expanding its business to include products like the 30-cent-a-day Emergen-C which don’t require medical insurance coverage, or a prescription, and so will never fall out of high-profit patent drug status. Patent drugs can have a very finite lifespan of profitability, while viruses have an infinite lifespan because they evolve as needed. The disease will usually outlast the drugs, if a virus is at work.
For example, Pfizer is struggling to maintain its client base for Lipitor this year, extending its own “co-pay” program to keep the brand-name version cheaper than the single generic version. Tracy reported in a separate article that WellPoint, a very large healthcare insurer, is now planning to stop covering Pfizer’s brand-name cholesterol drug April 1, favoring its generic rivals instead.
Tracy was an early workshopping reader of Viral Times before she took her MFA in writing from Texas State. She reports on pharmas for the Fierce group, as well as works as an associate editor for American Way magazine.