FDA puts e-cig makers on notice: Fix 'epidemic' teen use or products may be pulled from market
Publishing timestamp: 2018-09-12 13:31:53
Summary
FDA orders five major e-cigarette brands to submit plans to address teen use within 60 days, threatening to pull products from shelves if not controlled. Crackdown includes action against retailers and manufacturers. FDA considering restricting flavored nicotine liquid sales. Stocks surged on news. FDA also investigating online sales and considering reducing nicotine levels in conventional cigarettes.
Sentiment: NEGATIVE
Tickers: MO, IMB-GB, BATS-GB, 2914.T-JP,
Keywords: business, fda, imperial brands plc, food, youth tobacco use, british american tobacco plc, beverage and tobacco products manufacturing, food and drink, altria group inc, retail industry, business news, scott gottlieb, health care industry, u.s. food and drug administration, japan tobacco inc, charles schumer,