![]() A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the headings “Cautionary Statement” and "Group Principal Risks " in the 2021 Annual Report and Form 20-F of British American Tobacco p.l.c. It is believed that the expectations reflected in this release are reasonable but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated. These include statements regarding our customer target ambition, New Categories revenue targets and our ESG targets.Īll such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. These statements are often, but not always, made through the use of words or phrases such as "believe," "anticipate," "could," "may," "would," "should," "intend," "plan," "potential," "predict," "will," "expect," "estimate," "project," "positioned," "strategy," "outlook", "target" and similar expressions. Private Securities Litigation Reform Act of 1995. This release contains certain forward-looking statements, including "forward-looking" statements made within the meaning of the U.S. “We remain confident in the quality of all of Reynolds’ applications, and we believe that there is ample evidence for FDA to determine that the marketing of these products is appropriate for the protection of public health.” FDA’s decision, if allowed to go into effect, will harm, not benefit, public health. “We believe that menthol vapour products are critical to helping adult smokers migrate away from combustible cigarettes. Reynolds intends to seek a stay of enforcement immediately and will pursue other appropriate avenues to allow Vuse to continue offering its innovative products to adult nicotine consumers age 21+ without interruption. “We are disappointed in FDA’s decision to issue MDOs for two Vuse products-the Vuse Vibe Tank Menthol 3.0% and the Vuse Ciro Cartridge Menthol 1.5%. Food and Drug Administration (“FDA”) has issued Marketing Denial Orders (“MDOs”) for two Vuse products-the Vuse Vibe Tank Menthol 3.0% and the Vuse Ciro Cartridge Menthol 1.5%.įDA determined that the applications lacked sufficient evidence to demonstrate that permitting the marketing of the products would be appropriate for the protection of the public health, which is the applicable standard legally required by the 2009 Family Smoking Prevention and Tobacco Control Act.
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