US: E-Cigarette Industry Urges Senators To Save Vaping Businesses From FDA Prohibition

Source from:  Daily Caller 12/01/2015

The country's largest e-cigarette trade group is calling on the Senate Committee on Appropriations to amend an upcoming spending bill with language to save the industry from regulations that could destroy 99 percent of vaping businesses.

The Smoke Free Alternatives Trade Association (SFATA) said Monday it supports using language from Republican Rep. Tom Cole 's H.R. 2058 bill that will change the Tobacco Control Act's Feb. 15, 2007 grandfather date for e-cigarette products to the date of the Food and Drug Administration's (FDA) final rule issuance.

If the FDA's grandfather date remains unchanged, e-cigarette companies will have to undergo the costly Pre-Market Tobacco Applications (PMTA) process for every vaping product released after Feb. 15, 2007. The FDA's proposed rules are currently under review by the White House Office of Management and Budget.

Reforming the FDA's rule is of vital importance to the e-cigarette market because the cost of the PMTA process for each individual product can run between $2-10 million. Vaping businesses - which typically sell dozens if not hundreds of these products - will not be able meet this financial burden, putting thousands of jobs at risk and limiting options for vapers. Enditem