Juul

Plaintiffs’ Co-Lead Counsel Announce Four Major Settlements with Juul Labs, Inc. Addressing U.S. Youth E-Cigarette Usage

Retrieved on: 
Wednesday, December 7, 2022

5052, today announce four separate global settlements with Juul Labs, Inc.

Key Points: 
  • 5052, today announce four separate global settlements with Juul Labs, Inc.
  • Co-Lead Counsel believe that resolving the litigation against Juul Labs and its officers and directors through settlement is in the best interests of all plaintiffs.
  • The Juul settlements include over 8,500 personal injury cases, over 1,400 government entity cases, and 34 tribal cases.
  • Meanwhile, a claims process will begin for the Personal Injury, Government Entity, and Tribal settlements.

NRx Pharmaceuticals Announces the Appointment of Carrie M. Carretta, PhD, APN-BC, AHN-BC, PMHNP, Senior Vice President of Clinical Development and Medical Affairs

Retrieved on: 
Monday, December 5, 2022

She will lead the Company's clinical development program and provide medical oversight across all indications.

Key Points: 
  • She will lead the Company's clinical development program and provide medical oversight across all indications.
  • NRx Pharmaceuticals Announces the Appointment of Carrie M. Carretta, PhD, APN-BC, AHN-BC, PMHNP, Senior Vice President of Clinical Development and Medical Affairs
    "The NRx team is excited to have attracted a clinician with deep experience as an investigator.
  • Dr. Carretta's wealth of knowledge will help drive our mission to develop a first-in-class lifesaving drug for suicidal depression and PTSD.
  • Prior to this role, Dr. Carretta served as the Vice President, Medical and Scientific Affairs at Pendulum Therapeutics.

Altria Announces Election of Jacinto Hernandez to Altria’s Board of Directors and Retirement of Board Member Leo Kiely

Retrieved on: 
Thursday, October 27, 2022

Altria Group, Inc. (NYSE: MO) is pleased to announce that Jacinto Jase Hernandez will join our Board of Directors (Board) on November 1, 2022.

Key Points: 
  • Altria Group, Inc. (NYSE: MO) is pleased to announce that Jacinto Jase Hernandez will join our Board of Directors (Board) on November 1, 2022.
  • Mr. Hernandez served as a partner and investment analyst for Capital Group and its subsidiary, Capital World Investors.
  • In addition, W. Leo Kiely III, a director since 2011, will retire from service on our Board following completion of his current term.
  • Consequently, Mr. Kiely will not stand for re-election to our Board at Altrias 2023 Annual Meeting of Shareholders.

Altria Announces Strategic Partnership With JT Group and Expanded Heated Tobacco Portfolio

Retrieved on: 
Thursday, October 27, 2022

Altria Group, Inc. (NYSE:MO) today announces a strategic partnership with JT Group (JT) and our expanded heated tobacco portfolio.

Key Points: 
  • Altria Group, Inc. (NYSE:MO) today announces a strategic partnership with JT Group (JT) and our expanded heated tobacco portfolio.
  • Our portfolio consists of a joint venture (JV) with a subsidiary of JT for the U.S. marketing and commercialization of heated tobacco stick (HTS) products and our expanded pipeline of wholly owned products.
  • We are excited to begin a new partnership with JT Group, a leading international tobacco company, said Billy Gifford, Altrias Chief Executive Officer.
  • As a result of our research, our expanded U.S. heated tobacco portfolio includes a pipeline of differentiated product platforms, including both HTS and HTC formats.

Altria Reaches Agreement With Philip Morris International for IQOS Transition

Retrieved on: 
Wednesday, October 19, 2022

We believe that this agreement provides us with fair compensation and greater flexibility to allocate resources toward Moving Beyond Smoking.

Key Points: 
  • We believe that this agreement provides us with fair compensation and greater flexibility to allocate resources toward Moving Beyond Smoking.
  • The parties were unable to reach a long-term agreement and decided to enter into the Agreement to transition and ultimately conclude their relationship.
  • This release contains certain forward-looking statements with respect to the IQOS transition agreement with PMI, which are subject to various risks and uncertainties.
  • Altria assumes no obligation to provide any revisions to, or update, any projections and forward-looking statements contained in this release.

Jury Finds that Reynolds Vapor Company’s Vuse Alto Infringes Altria Patents

Retrieved on: 
Thursday, September 8, 2022

Altria Group, Inc. (Altria) (NYSE: MO) said today that a jury in the U.S. District Court for the Middle District of North Carolina found that Reynolds Vapor Companys (Reynolds Vapor) Vuse Alto e-vapor product infringed three patents owned by Altria Client Services.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) said today that a jury in the U.S. District Court for the Middle District of North Carolina found that Reynolds Vapor Companys (Reynolds Vapor) Vuse Alto e-vapor product infringed three patents owned by Altria Client Services.
  • At trial, Altria urged the jury to find a royalty rate of 5.25%, which the jury accepted in returning its award of past damages.
  • Patents are at the core of innovation and we take very seriously protecting our intellectual property, said Murray Garnick, Executive Vice President and General Counsel, Altria.
  • The jury found that Reynolds Vapor violated Altrias patents covering the pod assembly used in Vuse Alto.

FDA vs Black People

Retrieved on: 
Thursday, July 7, 2022

Akelei Davis of North Carolina also questioned why Black people are being penalized, "If the FDA really wanted to help the Black community, then they would ban all cigarettes to help all communities.

Key Points: 
  • Akelei Davis of North Carolina also questioned why Black people are being penalized, "If the FDA really wanted to help the Black community, then they would ban all cigarettes to help all communities.
  • The proposed ban will wreak havoc in the Black community due to increased police interactions and unintended consequences that will bring.
  • Former Police Chief John I. Dixon III and former President of National Organization of Black Law Enforcement Executives (NOBLE) stated, "During the 'War on Drugs' more Black and Brown people went to jail" and "About 90% of people targeted by stop and frisk were Black and Brown people."
  • We need the Biden Administration to rescind the menthol cigarette ban to protect both women and Black people.

Juul Plaintiffs Win Class Certification in Multidistrict Federal Fraud and Injury Litigation

Retrieved on: 
Wednesday, June 29, 2022

On June 29, 2022, plaintiffs in the federal Juul fraudulent advertising and injury litigation won a significant procedural victory when District Court Judge William H. Orrick issued an order formally certifying four classes of plaintiffs in the sprawling national Juul case .

Key Points: 
  • On June 29, 2022, plaintiffs in the federal Juul fraudulent advertising and injury litigation won a significant procedural victory when District Court Judge William H. Orrick issued an order formally certifying four classes of plaintiffs in the sprawling national Juul case .
  • The whole purpose of the class action laws is to simplify and streamline litigation for the benefit of all parties including the defendants in an action, stated Lieff Cabraser partner Sarah R. London, who serves as Co-Lead Counsel for the plaintiffs in the Juul teen injury, fraud, and RICO litigation.
  • This is a tremendous victory for the plaintiffs, whose case collectively brings common issues of law, fact, circumstance, wrongdoing, fraud, and injury, as the Court clearly observed.
  • Defendants further argued that plaintiffs' experts' opinions and evidence should be excluded from the case for a wide variety of reasons.

FDA Demonizing Vape Industry with the Ban of Juul Products

Retrieved on: 
Thursday, June 23, 2022

For years, the European markets have embraced vape as such a necessary tool for the cessation of smoking that they offer health insurance breaks to those who vape.

Key Points: 
  • For years, the European markets have embraced vape as such a necessary tool for the cessation of smoking that they offer health insurance breaks to those who vape.
  • The EVALI crisis that plagued the e-cigarette and vape markets a few years ago was proven to be the result of illicit products.
  • Dumas de Rauly currently serves as Chairman of the ISO (International) Standards Committee TC126/SC3 on Vaping Products & Chairman of the CEN (European) Standards Committee TC437 on Vapor Products.
  • With full control of the supply chain, the companys unique Powered by Blinc process enables clients to provide innovative, safe, and quality-controlled products to cannabis consumers worldwide.

Bluehole Publishes an Industry Comment on Vuse Overtaking Juul and Becoming the U.S Vaping Market Champion Again

Retrieved on: 
Thursday, May 12, 2022

Chinas leading vaping media, Bluehole New Consumption, today publishes an industry comment on Vuse overtaking Juul and becoming the U.S vaping market champion again.

Key Points: 
  • Chinas leading vaping media, Bluehole New Consumption, today publishes an industry comment on Vuse overtaking Juul and becoming the U.S vaping market champion again.
  • It is another milestone for Vuse to be the U.S top-selling vaping brand again, since Juul overtook it in 2017.
  • In contract to Juul, which mounts traditional cotton coil, Vuse Alto provides a revolutionary vaping experience by adopting FEELM ceramic coil, and Vuse also started swinging momentum in its favor.
  • Since 2019, Vuse's US market share has rocketed, with Vuse Alto becoming one of the most popular vaping products worldwide.