Zicam Manufacturer Settles Lawsuits for $15.5 Million

December 14, 2010 – Scottsdale, AZ – As reported on the corporate website Matrixxinc.com, Matrixx Initiatives Inc., the company that manufactures Zicam Cold Remedy medicine and other products, has settled product liability lawsuits with approximately 1,014 plaintiffs and 1,127 claimants. The claimants in the lawsuits alleged the loss of their senses of smell and/or taste after using Zicam Cold Remedy and other products.  In the settlement, Matrixx has agreed to pay damages of $15.5 million within 21 months, which includes $11.5 million after the satisfaction of specific contingencies.  Matrixx Initiatives Inc. is a healthcare company that sells over-the-counter health products.

Besides manufacturing Zicam Cold Remedy, the company is the developer and marketer of products for the treatment of colds, allergies, coughs, and other symptoms of illness. If you believe that you have suffered from adverse affects related to the use of a Zicam brand product, you may be eligible for damages in a dangerous drug claim.  In a dangerous drug claim, you may be compensated for damages such as your medical expenses, your pain and suffering, and lost wages from any time you missed from work due to your injuries. To file a dangerous products claim, you may want to get the professional help of a New York dangerous products lawyer.

Contacting a New York Dangerous Products Lawyer

When you have sustained a serious injury or lost a loved because of a dangerous product, you are entitled to seek compensation for your damages and suffering. Consulting with a New York dangerous product lawyer can help you better understand your rights, determine liability for your injuries, and decide if filing a medical malpractice claim is right for you. At Gacovino Lake & Associates we have formed a dedicated network of dangerous product lawyers that serve clients nationwide. Our New York office serves residents of the 5 boroughs with their auto accident, medical malpractice, defective drug, premises liability, and Workers’ Compensation claims. For experienced help with your dangerous product claim, contact us today – 1-800-246-4878.

Related Posts