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RAI Ra International Group Plc

7.75
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ra International Group Plc LSE:RAI London Ordinary Share GB00BDZV6W26 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.75 7.50 8.00 7.75 7.75 7.75 40,755 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-indl Bldgs & Whse 58.29M 194k 0.0011 70.45 13.45M

FDA Commissioner: Agency To Name Tobacco Czar This Week

17/08/2009 7:31pm

Dow Jones News


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Food and Drug Administration Commissioner Margaret Hamburg said Monday she's planning this week to name a director to run the agency's new tobacco division.

Hamburg wouldn't identify the pending director or elaborate on whether the person comes from industry or another public health agency. Hamburg said she personally interviewed six potential candidates.

In late June, just after President Barack Obama formally signed into law legislation giving the agency the authority to regulate tobacco, the FDA began looking for a czar to oversee the FDA's new division. An advertisement for the job said the agency was looking for someone who was politically savvy, familiar with the inner-workings of Congress and had scientific expertise and experience in toxicology, epidemiology and public health.

Under this new authority, the FDA will charge tobacco companies such as Newport cigarette maker Lorillard Inc. (LO) and Reynolds American Inc. (RAI), which makes Camel and Winston cigarettes among others, an annual fee to pay for the regulation. The legislation also bans candy- and fruit-flavored cigarettes, and restricts companies to marketing their products only through black and white advertisements.

Hamburg said the FDA's tobacco division will likely house hundreds of FDA employees who will help the agency implement the new authority.

-By Jared A. Favole, Dow Jones Newswires; 202.862.9207; jared.favole@dowjones.com

 
 

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