From: Bloomberg
By Sam Chambers
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BAT’s first-half profit of 4.82 billion pounds ($6.4 billion) was slightly ahead of analysts’ estimates. The London-based company said it received approval from the U.S. Food and Drug Administration to begin selling its Neocore heated-tobacco device, which was formerly known as Eclipse.
From: Vaping Post
The next city on schedule for passing a flavor ban is the state capital of Sacramento. At a recent public meeting at the Law & Legislation Committee, the comments being made were clearly largely in favor of becoming the next piece on the chessboard, falling prey to the same anti-vape establishment tactics.
Editor’s Note: Cross-posted from the Counterfeit Cigarettes: An Enforcement Forum.
From: The Australian
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Experts fear that even if the proposal is passed it will face mammoth difficulties in its implementation. A rule that renders cigarettes nearly nicotine-free would likely give rise to a black market in higher-nicotine tobacco, just as the Prohibition era in the US spawned a thriving market in moonshine.
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“Prohibition does not work for most things and there is sure to be an illegal supply of contraband tobacco provided by organised crime groups,” Mendelsohn says. “On the other hand, it may help to reduce uptake by young people, who are unlikely to get addicted.”
From: Tobacco Reporter
A high court ruling in Malta has declared that the man accused of trading in influence and complicity in a request for a €60 million bribe from a Swedish tobacco company, had his human rights breached when the Attorney General refused to declare his evidence closed, according to a story by Matthew Vella for Malta Today.
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Zammit was accused in 2012 of having requested the bribe from snus manufacturer, Swedish Match, and the European Smokeless Tobacco Council (ESTOC), a lobby group, in a bid to convince the-then European Commissioner for health to lift an EU ban on snus, which can be sold legally in Sweden but may not be sold in other European countries.
From: US FDA
| CTP | September 13, 2018 – 8:30 a.m. to 5:00 p.m. September 14, 2018 – 8:00 a.m. to 3:00 p.m. |
FDA White Oak Conference Center Building 31, Room 1503 10903 New Hampshire Ave. Silver Spring, MD 20993-0002 |
On September 13-14, 2018, the Committee will discuss modified risk tobacco product applications (MRTPAs), submitted by R.J. Reynolds Tobacco Company for six products:
From: The Verge
E-cigarette start-up Juul is raising $1.2 billion against a $15 billion valuation — which will up the company’s worth to more than $16 billion, Bloomberg reported last week. Why is it so valuable? Selling nicotine has been a good business model for a long time, and Juul is making a product that delivers nicotine like a cigarette.
From: AP via WBOC
By MATTHEW PERRONE, AP Health Writer
WASHINGTON (AP) – Federal health officials are taking a closer look at flavors in tobacco products that appeal to young people, particularly menthol-flavored cigarettes, which have escaped regulation despite nearly a decade of government scrutiny.
The Food and Drug Administration issued a call Tuesday for more information about flavored cigars and electronic cigarettes, which currently have no flavor restrictions. Extra attention will fall on menthol, the only cigarette flavor permitted by Congress under the 2009 law that brought tobacco under FDA regulation. The FDA’s past efforts to begin regulating the ingredient have been stalled by industry.