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Bloomberg: Potential new FDA head has worked in the vapor industry

samanthasamantha Posts: 2,991Administrator, Moderator admin
Really interesting article... features commentary from our CEO.

As long as there is no conflict of interest, it is refreshing that someone who understands and has worked in the vapor industry will be at the helm of potential regulations for ecigs and vaporizers. Worth the read. Wanted to share and see what you all think... will this be good for the industry and country? 


https://www.bloomberg.com/politics/articles/2017-04-19/vaping-venture-poses-potential-conflict-for-trump-s-fda-nominee


President Donald Trump’s pick to head the U.S. Food and Drug Administration, Scott Gottlieb, will be in charge of implementing new rules governing the e-cigarette industry after serving for more than a year on the board of a company that sells vaping products.

From March 2015 to May 2016, Gottlieb was a director of Kure Corp., a Charlotte, North Carolina-based firm that distributes e-juices and vaping pens in coffeehouse-style lounges known as vaporiums. He had a financial interest in the company as of March, according to financial and ethics disclosures, and promised to sell his stake if confirmed.

Gottlieb testifies on April 5.

Photographer: Zach Gibson/Getty Images

Gottlieb’s stint at Kure may pose a conflict as the FDA decides how vigorously to enforce the new vaping rules, issued in May 2016, that upend the economics of the previously unregulated industry.

“How to regulate e-cigarettes is one of the most critical questions on tobacco regulation that the FDA is going to be facing in the coming years,’’ said Vince Willmore, a spokesman for Washington-based Campaign for Tobacco-Free Kids. “Given his financial interest in an e-cigarette retailer, Dr. Gottlieb clearly has a conflict of interest.’’


Comments

  • rbaker1009rbaker1009 Posts: 1,150Member
    Love to see Dr Gottlieb become head of the FDA! His statements indicate he listens and makes data and science based decisions. A crucial break from the hyperbole driven regulators that have been demonizing vaping and cherry picking reports that support that hyperbole.

    I trust that the vape industry's lobbyist has done his homework so I am heartened at his take on Gottlieb:  

    We think he is going to be a science-based regulator rather than a fear-based regulator,’’ said Mike Hogan, an industry lobbyist at Alpine Group. “In the long run, we believe that FDA should regulate reduced-risk products in a different way than the No. 1 killer of Americans: cigarettes.’’

    I think that the vape industry's future looks better than it has in a long time in the current environment of deregulation in general. Good stuff.
  • samanthasamantha Posts: 2,991Administrator, Moderator admin
    Completely agreed @rbaker1009
     :) Seems like a positive for the vapor industry
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