Word: robitussin
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Dates: during 1985-1985
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...surface, A.H. Robins of Richmond would seem to be a thriving company. Its popular products, including Robitussin cough syrup, Chap Stick lip balm and Sergeant's flea and tick collars, last year generated record sales of $632 million. But the 119-year-old pharmaceutical firm is now facing financial ruin because of a $3 item it has not sold in a decade: the Dalkon Shield intrauterine birth control device. Deluged by more than 12,000 lawsuits charging that the Dalkon Shield was responsible for countless serious illnesses and at least 20 deaths among the women who used it, Robins last...
...supposed to be easy and effective to use. But the Dalkon Shield proved a health menace to some users, and it has been a continuing financial nightmare for A.H. Robins, which stopped manufacturing the intrauterine contraceptive more than a decade ago. Robins, whose products include Robitussin cough syrup, Chap Stick lip balm and Sergeant's flea and tick collars, last week reported a 1984 loss of $462 million, giving the company a net worth of minus $128 million. Reason: the lingering and costly legal side effects of the Dalkon Shield...