People In Brief
This article was originally published in The Tan Sheet
Rep. Burton retires; OTC veteran Arnett leads Matrixx; Alkalife hires new leadership, including founder’s son; Clark joins Captek Softgel; more People In Brief.
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Burton Bill Would Move Up New Dietary Ingredient Grandfather Date To 2007
Rep. Burton offers legislation to move up from 1994 to 2007 the date delineating old from new dietary ingredients. Despite the appeal, supplement trade groups are leery of opening up DSHEA to amendment.
J&J loses $10M Stevens-Johnson suit
Matrixx Bought By Private Equity Firm H.I.G., Settles Personal Injury Lawsuits
Matrixx Initiatives announced Dec. 14 private equity firm H.I.G. Capital will acquire the Scottsdale, Ariz.-based maker of Zicam cough/cold products for approximately $75.2 million.