EZC Pak Shark Tank Update | What Happened to EZC Pak after Shark Tank?
What is EZC Pak? Who is the founder of EZC Pak?
EZC Pak is an immune support supplement containing Echinacea, zinc, and vitamin C, created by Dr. Sarath Malepati to assist the body in boosting its immune system.
It is accessible without a prescription in stores such as CVS and medical clinics across the United States. The founder, Dr. Malepati, is a California-based surgeon and physician who also serves as the Medical Director and creator of the Los Angeles-based PPC Group Health Product team.
EZC Pak can help minimize unnecessary antibiotic use, and is available for purchase on Amazon and in various pharmacies for $15 for a 28 pill packet.
What Happened to EZC Pak at Shark Tank pitch?
Sarath Malepati, the founder of EZC Pak, a natural antibiotic alternative, appeared on Shark Tank episode 1107 to seek funding for his company.
He asked for $125,000 in exchange for a 5% stake in his company, which was valued at $2.5 million. During the pitch, the Sharks were initially impressed with the packaging of the product, but had mixed reactions to the effectiveness and the potential for scaling the business.
Lori, the first Shark to speak, was interested in the product but felt offended by some of Malepati’s statements and walked out.
Some of the Sharks like Mark and Robert also walked out due to lack of interest. However, Kevin was interested in the product and was willing to invest $125,000 for 5% equity shares and a $1 royalty each unit until the $450,000 is repaid. In the end, Malepati strikes a deal with Kevin and leaves the pitch with a deal.
What Happened to EZC Pak after Shark Tank?
After appearing on Shark Tank, EZC Pak continued to grow and gain popularity, particularly during the Covid-19 pandemic when online sales increased by 850 percent and overall sales increased by 300 percent. Dr. Malepati also launched a new product, EZC Pak+D, which was well-received.
Despite the success, Dr. Malepati acknowledged the ongoing challenges with antibiotic misuse and the emergence of superbugs, and he continues to work towards improving the issues in healthcare.
By June 2021, the company had expanded distribution to be in every CVS, Davidson Drugs, and hundreds of independent pharmacies, as well as grocery store chains such as Market Basket.
As of January 2022, the company is still in business with an annual revenue of $4 million.
Competitors of EZC Pak
The primary competitors of EZC Pac in the market space are; Elysium, Genexa, Cureveda and Fitspire among others
Net Worth of EZC Pak
As of January 2022, the net worth of EZC Pak is likely to have increased from its original valuation of $2.5 million during the Shark Tank pitch, as the company is still in business and has an annual revenue of $4 million.
EZC Pak FAQs
What is EZC Pak?
EZC Pak, also known as EZC or Echinacea, is a natural antibiotic alternative that boosts the immune system and reduces the incidence of upper respiratory infections.
Who is behind EZC Pak?
EZC Pak is being marketed by Sarath Malepati, founder and CEO of Dr. Sarath’s Natural Products. He was answering to queries from Tech in Asia.
How much was asking on Shark Tank?
Dr. Sarath was asking for $125,000 for a 5 percent stake in his company, which was worth $2.5 million.
Did he have the deal on Shark Tank?
Yes, he did a deal with Kevin O’ Leary.
How much was the deal?
Kevin O’ Leary offered $125,000 in exchange for 5% equity shares and a $1 royalty each unit until the $450,000 is repaid.
Is EZC Pak still in business?
Yes, EZC Pak is still in business and the sales have increased by 850 percent online and by 300 percent among all retailers during the Covid-19 epidemic.
Is EZC Pak FDA approved?
No, it is on the market using an investigational new drug application. Dr. Sarath Malepati has been deemed a safety risk by the US Federal Drug Administration and has been denied approval to market his products in the United States.
Where is EZC Pak located?
EZC Pak is manufactured in the USA and distributed via a network of retail pharmacies.
What episode is EZC Pak Shark Tank?
EZC Pak was featured in episode 1107 of Shark Tank.
Is the EZC pack effective?
EZC Pak is a supplement that is designed to improve the immune system and combat infections. Malepati, a general surgeon, has witnessed an upsurge in the usage of antibiotics, which he claims have little impact on viruses and can transform germs into antibiotic-resistant superbugs. Antibiotics are no longer effective.
What is the purpose of EZC Pak?
The EZC Pak is an award-winning physician-formulated 5-day tapering immune support pack that is intended to decrease unnecessary antibiotic use. To healthily strengthen your immune system, EZC Pak contains certified organic Echinacea purpurea, zinc, and vitamin C.
Can children use the EZC Pak?
Can children use the EZC Pak? The EZC Pak is intended for those aged 18 and over. Children are more likely to experience adverse responses to Echinacea, most often a rash. Stop immediately if a rash appears.
What is the net worth of Sarath Malepati?
The net worth of Sarath Malepati is not revealed.
