U.S. FDA gives go-ahead for two new cigarettes, rejects four

WASHINGTON, June 25 Tue Jun 25, 2013 1:03pm EDT

WASHINGTON, June 25 (Reuters) - The U.S. Food and Drug Administration said on Tuesday it will allow two new cigarettes from Lorillard Inc onto the market, adding that while they are not safe, they are no worse than products already being sold.

It was the first time the agency gave the green light to a cigarette since it received legal authority in 2009 to regulate tobacco products.

The FDA approved Lorillard's Newport Non-Menthol Gold Box 100s and Newport Non-Menthol Gold Box.

The decision "is not a finding that the product is safe or safer than its predicate product, or less harmful in general," the FDA said in a statement. "In addition the law makes clear that companies cannot say their products are FDA approved."

Lorillard's shares rose 1.5 percent to $44.02 in early afternoon trading on the New York Stock Exchange.

The FDA said it rejected four other applications for new tobacco products, saying they were not proven to be essentially equivalent to an existing, benchmark product.

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Comments (10)
Squally24 wrote:
“In addition the law makes clear that companies cannot say their products are FDA approved.”
Even though they are FDA approved… Yet for some reason Marijuana is not… What a worthless government entity…

Jun 25, 2013 2:46pm EDT  --  Report as abuse
stevekoko wrote:
The U.S. Food and Drug Administration. What a joke these Obama puppets are. I thought cigarettes caused cancer, BUT that’s OK with the all mighty FDA.

Jun 25, 2013 3:03pm EDT  --  Report as abuse
Dudster wrote:
So the FDA gave the go ahead on a new cigarette, but can not use the FDA as apporved, a little double talk here.

Jun 25, 2013 3:13pm EDT  --  Report as abuse
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