The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

British American Tobacco reassures over vaping products

Mon, 09th Sep 2019 14:46

(Sharecast News) - British American Tobacco issued a statement on Monday insisting that its vaping products do not contain vitamin E acetate or tetrahydrocannabinol (THC), both of which have been linked to respiratory illnesses associated with vaping.
Responding to a consumer update from the US Food and Drug Administration at the end of last week, the tobacco company said: "Every single ingredient and component in these products has been scrutinised by our toxicologists for their suitability for vaping. Consistent with this, oils containing THC and vitamin E acetate are not, and have never been, added to our vaping products.

"From the FDA's statements we have seen, these tragic events appear to be a new phenomenon linked to liquids that were not sourced from reputable manufacturers and which contained ingredients, including THC and vitamin E acetate, which we do not use."

BAT said it fully supports the FDA's view that vapers should only source their devices and liquids from reputable manufacturers and avoid modifying or adding substances to the products they buy.

The company said it was monitoring the situation in the US and will work closely with all relevant public health authorities around the world.

Following recent reports of respiratory illnesses linked to vaping, some of which have been fatal, the FDA said on Friday that many of the samples tested as part of an ongoing investigation had been identified as containing THC, a component of the marijuana plant and vitamin E acetate, which is present in products such as dietary supplements.

"While the FDA does not have enough data presently to conclude that vitamin E acetate is the cause of the lung injury in these cases, the agency believes it is prudent to avoid inhaling this substance. Because consumers cannot be sure whether any THC vaping products may contain vitamin E acetate, consumers are urged to avoid buying vaping products on the street, and to refrain from using THC oil or modifying/adding any substances to products purchased in stores."

The FDA said that at least one of the associated deaths appears to have been related to illicit THC vaping products.

"In many cases of illness reported by the states, patients have acknowledged recent use of THC-containing vaping products while speaking to healthcare personnel, or in follow-up interviews by health department staff," it said.

At 1500 BST, BAT shares were down 1.7% at 2,882.57p.

Related Shares

More News
1 May 2024 08:45

IN BRIEF: British American Tobacco makes GBP173 million in buybacks

British American Tobacco PLC - London-based cigarette and vaping products maker - Buys back 7.4 million shares between March 18 and Tuesday, worth abo...

29 Apr 2024 13:38

IN BRIEF: BAT subsidiaries raise bond buyback offer to GBP1.2 billion

British American Tobacco PLC - London-based maker of cigarettes and vapes - Says its subsidiaries BAT Capital Corp and BAT International Finance PLC h...

26 Apr 2024 20:32

Biden administration delays plan to ban menthol cigarettes

April 26 (Reuters) - The Biden administration on Friday delayed its plan to ban menthol cigarettes, a move that reflected the potential for a politi...

25 Apr 2024 15:47

UK dividends calendar - next 7 days

24 Apr 2024 12:48

TOP NEWS: BAT keeps guidance despite economic pressures, illicit trade

(Alliance News) - British American Tobacco PLC is maintaining its 2024 guidance even as the cigarette producer grapples with "macro-economic pressures...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.