Juul Labs Is Seeking US Authorization For A Next-Generation Vaporizer
Portfolio Pulse from Benzinga Newsdesk
Juul Labs is seeking US authorization for a next-generation vaporizer, according to the Wall Street Journal. The company is looking to gain approval for its new product from the Food and Drug Administration (FDA).
July 19, 2023 | 4:04 pm
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Altria Group, Inc. (MO), which has a significant stake in Juul Labs, may be impacted by the FDA's decision on Juul's new product.
Altria Group, Inc. (MO) has a significant stake in Juul Labs. Therefore, any regulatory decisions affecting Juul's products could potentially impact Altria's investment in the company. However, the exact impact will depend on the FDA's decision, which is currently unknown.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75