SCOTTSDALE, Ariz., May 5, 2011 (GLOBE NEWSWIRE) -- Medicis (NYSE:MRX) today announced revenues of approximately $164.9 million for the three months ended March 31, 2011, compared to revenues of approximately $165.5 million for the three months ended March 31, 2010, which represents a decrease of approximately $0.6 million, or approximately 0.4%. In April 2011, the Company received notice from its contract manufacturer that one lot of ZIANA® Gel went out of specifications. As a result, the Company booked a $3.9 million reserve against sales in the three months ended March 31, 2011, related to a targeted recall of product from this lot.
