Tampa    Fort Myers    Pensacola    Destin   

Specializing in insolvency and complex commercial matters since 1974

GeoPharma, Inc. Files For Relief Under Chapter 11 - March 2011

On March 23, 2011, GeoPharma, Inc d/b/a Innovative Health Products, filed a voluntary petition for relief under Chapter 11 in the United States Bankruptcy Court for the Middle District of Florida, Tampa Division. GeoPharma, formulates, manufactures and distributes health and beauty aids. GeoPharma specializes in custom contract manufacturing and private labeling services for the nutrition and health sector. The core operation of the business is the manufacturing of nutritional supplements and skin care products. GeoPharma has the capability to manufacture its products in a variety of different forms, including capsules, tablets, powders, liquids and creams. GeoPharma’s equipment allows it to produce, on an annual basis, approximately 500 million capsules, over 1 billion tablets, 20 million 8-ounce liquids, 20 million 4-ounce creams, and over 5,000 tons of powder blends. GeoPharma can also assist with product concepts, formulation development, laboratory services, package and label designs, and improvements and reverse engineering of existing products. GeoPharma operates out of its production, manufacturing and warehousing facility located in Largo, Florida. Charles A. Postler and Daniel R. Fogarty head up the firm’s representation.