viewImperial Brands

Big tobacco breath sigh of relief as US regulator drops nicotine plans

The US Food and Drug Administration has withdrawn its plan for a new tighter nicotine standard rule

Imperial Brands -

British American Tobacco PLC (LON:BATS) and Imperial Brands PLC (LON:IMB) shares both lit up on Thursday as it appeared the industry would be given some headroom on tighter nicotine rules by the US regulator.

The US Food and Drug Administration's fall unified agenda, which sets the regulatory priorities for the year ahead, was published overnight without the plan for a new tighter nicotine standard rule, that had been mooted.

This was "good news" for the sector, said broker Liberum.

"It also appears menthol is stalling as well. As a result, we are pushing back our implementation period by one year, for conservatism.

"It appears the FDA has bigger fish to fry with the youth e-cigarette crisis."

Quick facts: Imperial Brands

Price: 1268.7827 GBX

Market: LSE
Market Cap: £120.63 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



HANetf's Bitcoin ETC rapidly becomes most traded product on XETRA

ETC Group's Bradley Duke speaks with Proactive London’s Katie Pilbeam about the launch of its BTCetc Bitcoin Exchange Traded Crypto (BTCE) which was brought to market thanks to partner HANetf and has reached $50 million in AUM in less than two months from its launch. In July the BTCE was...

3 hours, 37 minutes ago

2 min read