4 replies to this topic

[cigeliquid]

Sound like a paradox? Not upon a closer look at a recent NY Times article featuring 22nd Century Group, Inc. (OTCBB:XXII) and their genetically-altered tobacco. 22nd Century Group holds 98 patents for genetic manipulation of tobacco plants to reduce or increase the amount of nicotine in cigarettes. The company’s technology can dramatically lower the nicotine levels in cigarettes while preserving all the other tastes and smells, giving those looking to quit a fighting chance against the lung and brain-gripping addiction. On the flipside, it can also boost the nicotine levels, a quality that is being developed as a “modified risk” tobacco product because smokers can take fewer puffs to obtain the same amount of nicotine.<BR itxtNodeId="505"> <BR itxtNodeId="509">22nd Century produces its cigarettes in varying tar and nicotine levels, many of which are actually being purchased by the federal government for research purposes. With the passing of a law in 2009 (The Tobacco Control Act), the U.S. Food and Drug Administration cannot completely ban nicotine, but it does have complete regulatory authority over all tobacco products; meaning that it could mandate an extremely low level of nicotine in smokes if it deems it a benefit to public health.<BR itxtNodeId="503"> <BR itxtNodeId="511">In fact, Harvard Professor of Public Health and former member of the FDA Tobacco Products Scientific Advisory Committee Dr. Gregory Connolly is publicly calling for the FDA to mandate a massive reduction of nicotine levels in cigarettes – to approximately 0.3 milligrams per cigarette. At this date, XXII is the only company in the world capable of manufacturing tobacco cigarettes with this minute level of the addictive chemical. And indeed, if the FDA does in fact mandate such extremely low levels of nicotine content in cigarettes sold in the U.S., tiny XXII could command a market cap well in excess of $2 billion (more than 100 times its current $18MM valuation).<BR itxtNodeId="510"><BR itxtNodeId="501">As the NY Times article goes on to explain,<BR itxtNodeId="516">“The National Institutes of Health bought nine million of these [XXII] cigarettes, marked ‘for research purposes only,’ from the 22nd Century Group as part of a broadening scientific effort to find ways to regulate cigarettes so that they are non-addictive. The Spectrum brand test cigarettes have eight different levels of nicotine for research, from a nicotine content of 3 percent to 100 percent of the nicotine in the best-selling Marlboro Gold, though a 97 percent reduction is the most common level.”<BR itxtNodeId="514">
The experts all seem to agree that more research with larger groups is required to get a more thorough assessment of the cigarettes as a smoking cessation product and its potential benefits within the cigarette industry. That data is coming, though. 22nd Century is near concluding a company-sponsored Phase II clinical trial testing the X-22 cigarettes as a smoking cessation product and plans Phase III trials in 2012 to test safety and efficacy. Moreover, the F.D.A. and National Institute of Health are beginning a $118 million, multi-year study to track approximately 44,000 people and all things pertaining to their smoking habits.<BR itxtNodeId="499"> <BR itxtNodeId="518">While there are certainly humanitarian benefits, it cannot be overlooked that this is business. Big business, as tobacco represents an $80 billion industry. Realizing the revenues that can be generated from smoking cessation products, many companies have chased their tails to a certain extent trying to develop products such as lozenges and gums with limited success. 22nd Century may be hitting the nail right on the head with its unique approach. As 22nd Century Chief Executive Officer Joseph Pandolfino states, “No one has ever sought F.D.A. approval of a cigarette as a medical device.” With multi-million dollar orders already having been delivered and a multi-year supply contract, 22nd Century Group seems to be moving its way toward the catbird’s seat of the industry. With a current share price of just $.60, Elemer Piros, PhD, puts a $5.00 near-term price target on XXII. Given that the results of the company’s pivotal Phase II-B trials will be reported in December, it may be possible for investors to net strong gains in the short-term with this intriguing microcap.<BR itxtNodeId="497"> <BR itxtNodeId="495">Disclaimer/Disclosure: No holdings, No compensation.<BR itxtNodeId="519"><BR itxtNodeId="493">

[Cyberpixie]

It's all about the money. Making cigarettes with less nicotine in them will only mean people smoke more of them and hence buy more of them = more money.

Plus the term about it being a 'medical device' means they could class those cigs as medical devices therefore they can then make e-cigs into medical devices too and bam, they''re gone. Underhanded way round it all.

'Benefit to public health' what a load of tosh, they'll still be getting all the other burning crap in it lol

[jibblet]

Quote

The 22nd Century Group is also applying for F.D.A. approval of its own test cigarette, called “X-22,” as a prescription-only smoking cessation device.

Uh oh...

[Tommy2bad]

So they remove the least toxic ingredient and that makes them safe?

It comforting to know that someone is looking out for our health.

No so comforting to see how stupid they are.

[jibblet]

Quote

“But the real issue is the F.D.A. should have begun a process two years ago to see if we can eliminate nicotine in cigarettes, at least for children. If we can put a man on the moon, we can get rid of nicotine.”

My guess is that the tobacco companies will happily remove nicotine as long as they can pump up the volume of the other addictive substances. Tobbacco sales and death rates will remain the same, but at least the children won't be addicted to nicotine