FDA's Gottlieb: Altria/Juul Meeting Was 'Difficult' -Reports
March 19 2019 - 4:59PM
Dow Jones News
--U.S. Food and Drug Administration Commissioner Scott Gottlieb
said a recent meeting with Altria Group Inc. (MO) and Juul Labs
Inc. was "difficult," CNBC and Bloomberg reported. In December,
Altria bought a 35% stake in Juul for $12.8 billion.
--Mr. Gottlieb said the FDA "is going to have to very carefully
calculate its action against the entire category" of pod-based
nicotine products, Bloomberg reported.
--Meanwhile, San Francisco officials proposed bills targeting
e-cigarettes, the San Francisco Chronicle reported. One of the
bills would ban them until the FDA begins a pre-market review
process, the report said.
Full story:
https://www.cnbc.com/2019/03/19/altria-shares-fall-after-fdas-gottlieb-describes-difficult-meeting-on-juul.html?__source=twitter%7Cmain
and
https://www.bloomberg.com/news/articles/2019-03-19/gottlieb-says-fda-may-need-to-pull-nicotine-pods-from-market
and
https://www.sfchronicle.com/business/article/San-Francisco-officials-seek-crackdown-on-13700259.php
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
March 19, 2019 16:44 ET (20:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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