Apparently, the makers of Zicam have no interest in bringing the product back on the market with a new formula:
According to StreetInsider.com, the recalled Zicam products accounted for 40 percent of the company’s sales. The recall has also hurt demand for other Zicam products, such as melting tablets and liquids, which were not subject to the FDA warning. So it would make sense that Matrixx would want to return the recalled Zicam products to the market as soon as possible, and reassure consumers about the safety of all remedies sold under the Zicam name.
Since the recall, rumors have swirled that Matrixx was considering reformulating nasal version of Zicam. According to StreetInsider.com, shares of Matrixx have jumped every time this rumor has surface.
But a company spokesperson told StreetInsider.com that Matrixx has absolutely no intention of reformulating recalled Zicam products. Instead, the company is hoping to reach an agreement with the FDA that would allow recalled versions of Zicam back on the market. According to the report, no such agreement has been reached so far.
Source: “Reformulated” Zicam Won’t Replace Recalled Nasal Cold Remedies