Altria Files E-vapor Patent Infringement Complaint Against Juul

RTTNews | 712 hari yang lalu
Altria Files E-vapor Patent Infringement Complaint Against Juul

(RTTNews) - Tobacco major Altria Group, Inc. has filed a complaint against electronic cigarette maker Juul Labs Inc., seeking a ban on the import and sale of certain Juul e-vapor products.

The patent infringement complaint has been filed with the U.S. International Trade Commission or ITC by Altria's newly acquired subsidiary, NJOY. The complaint alleges that Juul's devices and pods infringe certain patents owned by NJOY.

JUUL is alleged to have involved in trade violations associated with the sale of imported products that infringe U.S. Patent No. 11,497,864 and U.S. Patent No. 10,334,881. NJOY acquired these patents from Fuma International, LLC concurrently with the settlement of a patent infringement lawsuit filed by Fuma.

With the move, Altria, which once owned a good share in Juul, seeks a ban on the importation and sale of certain Juul e-vapor products, including its currently marketed Juul device and Juul pods.

NJOY has also filed a patent infringement complaint against Juul in the U.S. District Court for the District of Delaware. According to the company, NJOY ACE is currently the only pod-based e-vapor product to receive marketing authorization from the U.S. Food and Drug Administration or FDA. The health regulator had deemed the marketing of the ACE device and three ACE tobacco-flavored pods as "appropriate for the protection of public health."

Murray Garnick, Executive Vice President and General Counsel, said, "Protecting our intellectual property is critical to achieving our Vision. JUUL has infringed upon our patents through the sale of its imported products, and we ask the ITC to impose appropriate remedies in response to these trade violations."

It was in early June that Altria agreed to buy e-cigarette startup NJOY for $2.75 billion with a view to improve its portfolio of smoke-free products.

The announcement came soon after Altria exited its stake in Juul Labs. According to reports, Altria in 2018 paid $12.8 billion for a 35% stake in Juul Labs, but the company exited after scrutiny from federal regulators and thousands of lawsuits that claimed Juul had targeted minors.

In April this year, Juul agreed to pay $462 million to settle claims by six US states that it unlawfully marketed its addictive products to minors. Juul reached an agreement with New York, California, Colorado, Illinois, Massachusetts, New Mexico and Washington, D.C. So far, Juul has faced and settled many lawsuits for their alleged role in contributing to the youth vaping epidemic that led to a rise in underage e-cigarette vaping nationwide.

read more
Tobacco, E-Cigarette Use Among High School Students Drop: FDA, CDC

Tobacco, E-Cigarette Use Among High School Students Drop: FDA, CDC

Overall tobacco product use among U.S. high school students declined in 2023, primarily attributable to reduced e-cigarette use, the U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC said, citing the 2023 National Youth Tobacco Survey or NYTS. Meanwhile, there was an increase in current overall tobacco product use and multiple tobacco product use...
RTTNews | 640 hari yang lalu
Juul Settles More Than 5,000 Lawsuits In US

Juul Settles More Than 5,000 Lawsuits In US

Juul Labs, an e-cigarette maker, said it has reached settlements with more than 5,000 vaping lawsuits in the United States. The cases were related to personal injury, consumer class action, government entity, and Native American tribes. In a statement, the company said it cannot disclose the settlement amount at this time as part of the settlement and court process.
RTTNews | 971 hari yang lalu
Swiss Market Ends Marginally Down

Swiss Market Ends Marginally Down

After an early sharp drop, the Switzerland market recovered some lost ground Monday morning, but stayed in negative territory right through the day's trading session, as investors largely stayed cautious, waiting for directional clues.
RTTNews | 1j 35min yang lalu
U.S. Factory Orders Pull Back Sharply In June

U.S. Factory Orders Pull Back Sharply In June

After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.
RTTNews | 5j 30min yang lalu
Weak Jobs Data Limits Dollar's Rebound

Weak Jobs Data Limits Dollar's Rebound

A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.
RTTNews | 5j 32min yang lalu
Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews | 6j 51min yang lalu