Altria Group announced on Jan. 30 that it reduced its investment value in Juul Labs to around $12 billion, almost 70 percent less than the $38 billion valuation that Altria bought into in December 2018.Read More
The U.S. Food and Drug Administration has posted for public review new materials related to Philip Morris modified-risk tobacco product application for IQOS. Read More
The Royal Australian College of General Practitioners said prescribing options for nicotine-replacement therapies should be widened, cautiously recommending e-cigarettes as a potential second-line quit-smoking aidRead More
Philip Morris International will commercialize KT&G’s smoke-free products outside of South Korea under the terms of a new agreement.Read More
Jeroen Slobbe will leave Tembo as director and board member at the end of this month.Read More
Banning menthol tobacco products is ineffective as a tool to reduce youth tobacco use, and it eliminates adult choices, argues The Heartland Institute, a free-market think tank.Read More
There is presently inadequate evidence to conclude that e-cigarettes promote smoking cessation, according to a recent report by the U.S. Surgeon General.Read More
Cigarette use continues to fall among New Zealand teenagers, and vaping is not being taken up by non-smoking youth, according to a recent study.Read More
Charlie's Chalk Dust has engaged Blackbriar Regulatory Services to assist in the preparation and submission of Premarket Tobacco Product Applications to the Federal Food and Drug Administration for certain of its e-liquid products.Read More
Sales of cigarettes in South Korea fell 0.7 percent in 2019 from a year earlier due to anti-smoking campaigning and higher prices, according to the Ministry of Economy and Finance.Read More
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