The U.S. food and drug administration (FDA) has now found that the coronavirus pandemic could make it harder for e-cigarette companies to complete their applications on time. So consider extending the deadline for e-cigarette makers to submit applications for pre-sale tobacco products by four months, to September.
The current May 12 deadline was issued by a U.S. district court judge who runs the agency and shirked his responsibility by allowing e-cigarettes to go on sale without regulation.
However, because of the “extraordinary circumstances” of the coronavirus pandemic, the FDA said the extension was justified.
The regulator filed an application with the district court of Maryland, which originally asked the FDA to take action. If approved, the deadline will be pushed back to September 9.
E-cigarette makers, including those who make the e-liquid used in e-cigarettes as well as cigars and other nicotine and tobacco products, will need to submit an application to the FDA for review if they want to continue selling their products in the United States.
So far, only Philip morris international and British American tobacco have submitted applications, and only Philip morris’s IQOS device has been approved.
The question is how many companies other than industry giants can comply with the rules, given that the two tobacco companies’ applications have run to tens of thousands of pages and cost them millions of dollars to complete. It took the FDA more than two years to approve Philip morris’s application; Bat’s report, submitted late last year, is still under review.
Source: The Motley Fool