Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

First Modified Risk Tobacco Product

Posted by fidest press agency su venerdì, 26 febbraio 2010

Glen Allen, Virginia. Star Scientific, Inc. (Nasdaq: CIGX) announced that  the company filed an application with the Food & Drug Administration for approval to market Ariva-BDL(TM) as a “modified risk” tobacco product under the Family Smoking Prevention and Tobacco Control Act of 2009. This submission is the first such application to be filed with the Tobacco Products Center of the FDA, which has been established to oversee all aspects of tobacco regulation outlined in the 2009 Act. Star Scientific believes these developments are of great significance in light of the reality that 43 million Americans — roughly half of them women — smoke each day. More than half of this population is looking for an acceptable alternative to cigarettes. Cigarette revenues in the United States currently total US$75 – US$80 billion, according to the Wall Street Journal. While a number of male smokers in the US now use traditional smokeless tobacco as an alternative to smoking, female smokers do not accept the unpleasant aesthetics of using moist snuff. As a completely dissolvable lozenge, Ariva-BDL(TM) would offer a useful alternative — with greatly reduced toxin levels — to adult smokers of both genders. Star Scientific is a technology-oriented company with a mission to reduce the harm associated with tobacco at every level. It is engaged in the development of dissolvable smokeless tobacco products that deliver fewer carcinogenic toxins, principally through the utilization of the innovative StarCured(R) tobacco curing technology. Through its Rock Creek Pharmaceuticals subsidiary it is also involved in the development of nutraceuticas as well as products to address neurological and mood disorders. Star Scientific has a Corporate and Sales Office in Glen Allen, VA, an Executive, Scientific & Regulatory Affairs office in Bethesda, MD, and a manufacturing facility in Chase City, VA. Rock Creek has scientific and research offices in Gloucester, MA. and a regulatory office in Washington, D.C. See Star’s website at: http://www.starscientific.com

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