November 20, 2009 –
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RELATED TICKERS: PG
P&G's 2009 record of quality assurance failures continues with the recall of lots of Vicks Sinex nasal spray, specifically Sinex Vapospray Ultrafine Mist in the US. OTC Product News identified this as a recurring problem in April, 2009.
Read more at: www.otcproductnews.com
October 19, 2009 –
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RELATED TICKERS: PG
FDA posted a warning letter on its site on Oct 14 addressed to P&G stating that the combination of drugs and Vitamin C in Nyquil/Dayquil is mislabeled. Then the letter was mysteriously withdrawn. Why a completed "draft" exists is the real question.
Read the full story at: www.otcproductnews.com
September 27, 2009 –
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RELATED TICKERS: GSK
, PG
, MTXX
Lawyers filed suit against Poligrip (GSK) and Fixodent (PG) denture adhesives alleging that zinc salts in their formulae caused serious neurological deficits. The logic has merit and may affect other OTC products and how they are regulated by FDA...
Read the full story at: www.otcproductnews.com
September 04, 2009 –
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RELATED TICKERS: PG
An annoyed consumer, who happened to be lawyer Mark Rossman, filed a class-action suit in US District Court (So. Michigan) against P&G for brown stains that persisted on his teeth he alleges were due to the use of Crest Pro-Health mouthwash. He alleges breach of warranty and failure to warn. He may have a point... [more]
August 30, 2009 –
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RELATED TICKERS: JNJ
, CHTT
, KG
On August 27th Hisamitsu (Japan) announced the closing of its $428MM all-cash deal to acquire Noven Pharmaceuticals of Miami, FL. Noven will remain a wholly owned, independent subsidiary of Hisamitsu. This continues Hisamitsu's quiet but steady consolidation of its Salonpas topical analgesic business in the US at a time when conventional players like Ben Gay (JNJ), Wellpatch (Mentholatum), and Icy Hot (CHTT) remain vulnerable to legal, technology, and regulatory challenge in the parity market defined by the FDA monographs... read more at: [more]
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