Matrixx Braces For More Zicam Smell-Loss Suits

Law360, New York (June 18, 2009, 12:00 AM EDT) -- A U.S. Food and Drug Administration warning that Zicam nasal and cold products made by Matrixx Initiatives Inc. could cause users to lose their sense of smell will “undoubtedly” lead to more lawsuits against Matrixx, in addition to the hundreds that have already been filed, according to a company official.

William Hemelt, Matrixx's acting president, chief financial officer and chief operating officer, said in a conference call with reporters and investors on Thursday that withdrawing Zicam Cold Remedy Nasal Gel and Zicam Cold Remedy Nasal Swabs...
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