FDA Plans to Regulate Tobacco an Nicotine

The U.S. Food and Drug Administration has announced a multi-year roadmap which will protect children from nicotine addiction, and reduce tobacco related diseases and deaths. The plan is to regulate tobacco by focusing on the issue of nicotine addiction, and the FDA hopes that it will be able to steer users towards tobacco products that would be less dangerous, long term, than current cigarettes.

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shareprices.com - Sunday, July 30, 2017

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The agency says that tobacco is the leading cause of preventable death and disease in the United States, and notes that the use of flavoured tobacco products could be an issue in terms of attracting people to use more tobacco than is healthy. The product is responsible for health care and lost productivity costs which amount to almost $300 billion per year, and the FDA’s approach to the issue demonstrates greater awareness of the major issue - that nicotine is more risky when it is delivered through smoking cigarettes than it is in other forms.

There are 5.6 million young people alive today who may, if current usage patterns remain the norm, die through smoking related illnesses. The FDA envisions a world where cigarettes are not addictive.

The news of the tobacco proposals sent shares in British American Tobacco tumbling. Traditionally, tobacco companies have been a safe bet for long term investment, but that may be about to change, and the heavy exposure that the FTSE 100 listed tobacco companies have to American markets makes them a questionable investment at this time.

 

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