Matrixx Initiatives, the maker of Zicam, is set to argue before the U.S. Supreme Court to defend its failure to notify its investors of potential Zicam side effects, reports the Arizona Republic.The Scottsdale, Arizona-based drugmaker will make the arguments as part of a lawsuit filed by an Illinois pension fund, which accuses Matrixx of violating securities laws by failing to disclose to investors that Zicam had been linked to some patients reportedly losing their sense of smell.A federal judge … [Read more...]

A St. Louis, Missouri woman has filed a lawsuit against pharmaceutical manufacturer Matrixx Initiatives, claiming that their cold and allergy medication Zicam resulted in her losing her sense of smell, according to the complaint filed in U.S. District Court for the Eastern District of Missouri.The plaintiff, Sue Weber, allegedly began taking the treatment in May 2009. In the text of the complaint, she highlights the fact that Matrixx marketed and sold Zicam without adequate warning of potential side … [Read more...]

Matrixx Initiatives, the manufacturer of allergy and cold medication Zicam, will pay nearly half a million dollars to four counties in California in a consumer protection suit over misleading packaging, reports NBC Los Angeles.The lawsuit was filed against the Scottsdale, Arizona-based manufacturer on November 30 by the district attorneys of Los Angeles, Sacramento, Fresno, Shasta and Riverside Counties. The plaintiffs contended that the boxes in which Zicam is sold are too large, leading consumers … [Read more...]

A number of drug companies are urging the Supreme Court to not require that they disclose some of their medications' side effects to investors.The makers of a once popular cold remedy are hoping that the highest court in the land will allow them to keep Zicam side effects and other findings they term "adverse event reports" under wraps because they believe such information may be "confusing" to investors, according to CBS's bnet.The news source reports that the question … [Read more...]

A number of drug companies are urging the Supreme Court to not require that they disclose some of their medications' side effects to investors.The makers of a once popular cold remedy are hoping that the highest court in the land will allow them to keep Zicam side effects and other findings they term "adverse event reports" under wraps because they believe such information may be "confusing" to investors, according to CBS's bnet.The news source reports that the question … [Read more...]