Lorillard, the biggest U.S. manufacturer of cigarettes, triumphed in the first two resolutions to advertise its new tobacco products among 500 requests, under the power allowed in 2009 to U.S. health authorities.
The Food and Drug Administration (FDA) eliminated two of Lorillard’s Gold Box cigarettes for sale in the U.S. They are the first rulings passed down by the organization since lawmakers gave it the right to decide which present smoking products can stay on the market and which new ones can be released. Lorillard increased lower than 1 % to $43.53 at the close in New York these days. “We are very pleased to be the first company in the tobacco industry to obtain authorization to start advertising these completely new smoking products in the U.S. via the FDA’s considerable equivalence pathway,” Murray Kessler, Lorillard’s representative stated during a phone call . The agency “performed its examination process in a strategic way highlighting sound science,” he added.
The new smoking products were Newport Non-Menthol Gold Box 100s and Newport Non-Menthol Gold Box. Congress provided the FDA with the power over tobacco products in 2009 and the new strategy has developed a backlog of demands at the agency. Already ay the beginning of this month, there were 500 issues to confirm products not presently sold and 3,500 for products already available on the market, Zeller reported.