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Mission Pharmacal Sells Citracal Calcium Brand to Bayer HealthCare

By: Marian Zboraj

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Mission Pharmacal Company, San Antonio, TX, the privately held specialty pharmaceutical company that researched and commercialized Citracal calcium citrate supplements, has sold the worldwide marketing rights for the brand to Bayer HealthCare. The transaction will be completed during the fourth quarter of 2007. Mission Pharmacal will continue to manufacture Citracal for Bayer. Bayer believes further opportunity may also come by extending the Citracal brands’ presence into other parts of the world.

“This sale marks one of the most important milestones in our 60-year history,” said Mission Pharmacal president Neill Walsdorf, Jr. “It provides us with a unique opportunity to re-invest in the company and build our future as an important specialty pharmaceutical company based on the outstanding success of the Citracal brand.”

Mission Pharmacal will develop additional manufacturing agreements for its state-of-the-art facilities in Boerne and San Antonio, Texas. Tindamax, the first new oral therapy for the treatment of bacterial vaginosis (BV) in a decade, received FDA approval for that indication in May. “We will increase our focus on research, development and marketing specialty pharmaceutical products such as CitraNatal Prenatal Vitamins, Tindamax, Thera-Gesic and Urocit-K,” said Mr. Walsdorf.

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