Create Account
Log In
Dark
chart
exchange
Premium
Terminal
Screener
Stocks
Crypto
Forex
Trends
Depth
Close
Check out our Dark Pool Levels


-- Company Supports This Weeks Positive FDA Action on E-Cigarettes, Demonstrating the Agencys Commitment to Providing Adult Smokers with Alternatives to Highly Addictive Cigarettes -- Applauds FDAs Active Push Forward on Plan to Reduce Amount of Nicotine in All Combustible Cigarettes to Non-Addictive Levels


GlobeNewswire Inc | Oct 13, 2021 04:01PM EDT

October 13, 2021

-- Company Supports This Weeks Positive FDA Action on E-Cigarettes, Demonstrating the Agencys Commitment to Providing Adult Smokers with Alternatives to Highly Addictive Cigarettes -- Applauds FDAs Active Push Forward on Plan to Reduce Amount of Nicotine in All Combustible Cigarettes to Non-Addictive Levels

BUFFALO, N.Y., Oct. 13, 2021 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and health and wellness through plant science, announced today that the Companys Vice President of Regulatory Science, John Pritchard, was invited and will participate as a panelist at the Food and Drug Law Institute (FDLI) Tobacco and Nicotine Products Regulation and Policy Conference as part of the events session, Reactor Panel: Assessing the Past, Present, and Future of the Comprehensive Plan, on Wednesday, October 27, 2021, at 11:55 a.m. ET. The session will consider key points of the U.S. Food and Drug Administrations (FDA) Center for Tobacco Products Director, Mitch Zellers keynote address, and the current state of and future directions for FDAs Comprehensive Plan for product regulation, in particular the mandate to make all cigarettes minimally or non-addictive.

We are thrilled that John is representing 22nd Century Group on this critically important panel to discuss the FDAs Comprehensive Plan, said James A. Mish, chief executive officer of 22nd Century Group. Following yesterdays announcement by FDA, there are now authorized products in the vape category, the heated tobacco category, and smokeless tobacco category. The Agency should now authorize 22nd Centurys modified risk tobacco product (MRTP) application for our VLN reduced nicotine content cigarettes to give adult smokers another alternative to highly addictive cigarettes. He added, Such a move would be a significant step towards FDAs proposed standard to reduce the level of nicotine in all combustible cigarettes sold in the U.S. to minimally or non-addictive levels, the health impact of which would be generationally significant, with millions of lives saved. VLN reduced nicotine content cigarettes and non-combustible nicotine products are the two pillars of FDAs harm reduction strategy. VLN cigarettes will help adult smokers reduce their exposure to nicotine, the addictive chemical in tobacco, while those adult smokers who still desire nicotine, less harmful alternatives are now available.

Set against the backdrop of the pandemic and other challenges, FDA has nonetheless demonstrated its ongoing commitment to advance its Comprehensive Plan. For example, in April of this year, FDA reaffirmed that a product standard for reducing nicotine in cigarettes remained on the table, and the New York Times reported yesterday that the FDA continues to work on this critical public health initiative, said Pritchard. I am delighted to have this opportunity to respond to Mitch Zellers presentation later this month and to share our perspective on FDAs recent and future actions.

Joining Pritchardon the panel will be world-renowned reduced nicotine researcher, Dorothy K. Hatsukami, Professor, Department of Psychiatry and Behavioral Sciences at the University of Minnesota Medical School; Desmond Jenson, Lead Senior Staff Attorney for Federal Regulation, Commercial Tobacco Control Programs, Public Health Law Center at Mitchell Hamline School of Law; and Valerie Briggs Solomon, Assistant General Counsel and Vice President, RAI Service Company.

Public health researchers project that the enactment of a nicotine cap would help more than five million people to quit smoking within the first year of implementation, save more than eight million American lives by the end of the century, and that more than 134 million life-years would be gained by 2100. More than 16 million Americans are currently living with diseases caused by smoking, and with every delay in action, more people are dying. Introducing a standard nicotine cap could decrease the chances of future generations becoming addicted to cigarettes and could make it easier for currently addicted smokers to quit.

22nd Century Groups VLN cigarettes, which contain 0.5 milligrams of nicotine per gram of tobacco, are the only combustible tobacco products able to meet the nicotine levels proposed in the FDAs Advanced Notice of Proposed Rulemaking for a tobacco product standard that requires all combustible cigarettes to contain minimally or non-addictive levels of nicotine. The Companys menthol and non-menthol reduced nicotine content cigarettes have already received a Premarket Tobacco Product Application (PMTA) designation indicating FDAs decision that they are appropriate for the protection of public health. An MRTP designation will allow 22nd Century to communicate the key features of its VLN King and VLN Menthol King cigarettes, including the headline claim of 95% less nicotine. Despite its reduced nicotine content, VLN tastes, smells, and smokes like a conventional cigarette. The Company is fully prepared to launch VLN in the U.S. within 90 days of receiving its MRTP authorization. The Company will continue the launch process for VLN in countries outside of the U.S. that do not require MRTP-type approvals. VLN is expected to be introduced in the first of these international markets in the first quarter of 2022.

About 22nd Century Group,Inc.22nd Century Group, Inc. (Nasdaq:XXII) is a leading agricultural biotechnology company focused on tobacco harm reduction and improving health and wellness through plant science. With dozens of patents allowing it to control nicotine biosynthesis in the tobacco plant, the Company has developed its proprietary reduced nicotine content (RNC) tobacco plants and cigarettes, which have become the cornerstone of the FDAs Comprehensive Plan to address the widespread death and disease caused by smoking. In tobacco, hemp/cannabis, and hop plants, 22nd Century uses modern plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products industries by creating new, proprietary plants with optimized alkaloid and flavonoid profiles as well as improved yields and valuable agronomic traits.

Learn more atxxiicentury.com, on Twitter@_xxiicentury, and onLinkedIn.

Cautionary Note Regarding Forward-Looking StatementsExcept for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements typically contain terms such as anticipate, believe, consider, continue, could, estimate, expect, explore, foresee, goal, guidance, intend, likely, may, plan, potential, predict, preliminary, probable, project, promising, seek, should, will, would, and similar expressions. Actual results might differ materially from those explicit or implicit in forward-looking statements. Important factors that could cause actual results to differ materially are set forth in Risk Factors in the Companys Annual Report on Form 10-K filed on March 11, 2021. All information provided in this release is as of the date hereof, and the Company assumes no obligation to and does not intend to update these forward-looking statements, except as required by law.

Investor Relations & Media Contact:Mei KuoDirector, Communications & Investor Relations22nd Century Group, Inc.(716) 300-1221mkuo@xxiicentury.com







Share
About
Pricing
Policies
Markets
API
Info
tz UTC-4
Connect with us
ChartExchange Email
ChartExchange on Discord
ChartExchange on X
ChartExchange on Reddit
ChartExchange on GitHub
ChartExchange on YouTube
© 2020 - 2025 ChartExchange LLC