FDA chief Gottlieb's departure might not actually be a good thing for vaping industry

Some have called Food and Drug Administration Commissioner Scott Gottlieb's resignation a boon for the e-cigarette industry, which Gottlieb has repeatedly attacked for fueling a surge in teen vaping.

Gottlieb's threats pushed Juul, the company he blames for the teen vaping"epidemic," to halt sales of most of its flavors and shutter its social media accounts. In February, he accused Juul of going back on its word after the San Francisco-based start-up took a $12.8 billion investment from Marlboro maker Altria, and he called the CEOs of both companies to his office.

"He could have [reversed the application extension], he could have tried to pull flavors from the market. So certainly his words were the issue and not always his actions," said Gregory Conley, president of the American Vaping Association, a group that lobbies for"sensible" regulation of vaping products.

"The information on how helpful e-cigarettes are in people trying to quit and how harmful or not they are for young people is a moving target, and it's always hard to set policy in an environment in which you're dealing with one or more moving targets," she said.

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Silicon Valley just lost a friend with the exit of Gottlieb from the FDASilicon Valley's tech companies like Apple and Alphabet had an ally in FDA commissioner Scott Gottlieb. So because of this guys help and close ties to siliconvalley. He's helped allow smartphones and like devices to monitor and record peoples individual health readings. Why? So they can use it as a marketing/advertising tool? Based on peoples diagnostic readings? WherestheLine
Source: CNBC - 🏆 12. / 72 Read more »

FDA Commissioner Scott Gottlieb just resigned as head of the US's top food and drug regulatorGottlieb worked in the healthcare industry before joining the Food and Drug Administration as its top official during the Trump administration. Big tobacco didn’t like Gottlieb’s attempts to stop the vaping epidemic & trust me USA HAS a teen vaping epidemic RepublicanMonsters TraitorTrump vapingepidemic
Source: BusinessInsider - 🏆 729. / 51 Read more »

Biotech stocks fall after FDA chief Scott Gottlieb resignsThe IBB, an ETF that tracks biotech's biggest players, was down more than 2 percent Wednesday, on pace for its worst day since February 7 when it lost 2.5 percent. because the new person isn't going to look past the negative health impacts
Source: CNBC - 🏆 12. / 72 Read more »