Jeffrey Ventura News
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The U.S. Food and Drug Administration plans to oversee electronic cigarettes marketed for non-therapeutic use as tobacco products after a court ruled the products can’t be regulated as drugs or medical devices.
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Star Scientific Inc. said U.S. regulators ruled that two of the company’s lozenge brands aren’t subject to regulation under the 2009 tobacco law.
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R.J. Reynolds Tobacco Co. and Lorillard Tobacco Co. sued to block the U.S. Food and Drug Administration from receiving recommendations from an advisory committee that includes members that the cigarette makers claim have conflicts of interest.
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Cigarette packages carrying images such as diseased lungs and oxygen masks may not discourage smoking, according to a report released by U.S. regulators.
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Carl Shapiro, one of the first clients of Bernard Madoff’s investment firm, and 19 members of his family agreed to forfeit $625 million in profits from the con man’s fraud, settling potential lawsuits against them.
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The U.S. Food and Drug Administration lacks the authority to regulate electronic cigarettes as drugs or devices, an appeals court ruled, upholding a lower-court decision.
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Lorillard Inc. , trying to stop the U.S. government from outlawing its Newport cigarettes, will tell a Food and Drug Administration panel tomorrow that banning the mint flavor will create a black market for menthol brands.
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