New Anchorage plant for making generic drugs

22 November, 2005

Immediate Care, an Alaska-based health care company is planning to build a plant in Anchorage to make generic drugs. Jerry Tanner, chief executive and founder of Immediate Care, said the plant could be operating by 2007 and could employ up to 1,200.The region lacks such facilities and Anchorage is a prime shipping hub, Tanner said.

The company started by Tanner in 1999, is a home health care firm that offers respite services, home health care, chore services, personal care attendants, hospice care and pharmacy services. The company employs 700 and has offices in Anchorage, Wasilla, Fairbanks and Las Vegas.

In its first phase, the plant would make seven lines of maintenance drugs on an estimated cost of $10 million to $12 million that patients take long term for conditions such as diabetes. Tanner plans to sell the drugs in Alaska, the Lower 48 and Asia.


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