Altria loses action after the appointment of an acting FDA director to a director of the National Cancer Institute

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<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Actions of the cigarette maker Marlboro Altria (MO) fell on Tuesday after the Trump government announced its intention to & nbsp;appoint the director of the National Cancer Institute, Ned Sharpless& nbsp; as acting head of the Food and Drug Administration. "Data-reactid =" 11 "> The shares of Marlboro cigarette maker, Altria (MO), fell on Tuesday after the Trump administration announced its intention to appoint the director of the National Cancer Institute, Ned Sharpless as Acting Chief of the Food and Drug Administration.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The announcement, that the Secretary of Health , Alex Azar, confirmed at a hearing at an appearance before Capitol Hill Tuesday comes a week after current Commissioner Scott Gottlieb announced his intention to & nbsp;to resign& nbsp; next month. "Data-reactid =" 12 "> This announcement, confirmed Tuesday by State Secretary for Health Alex Azar, during a hearing at Capitol Hill, takes place a week after the current Commissioner, Scott Gottlieb has announced his intention to resign next month.

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Shares of Altria, the leader of the American cigarette market, decreases as much as& nbsp; 1.64% to 55.09 USD from 12:51 "Data-reactid =" 13 "> Shares of Altria, the leading cigarette in the US market, lost 1.64% to 55.09 dollars at 12 pm 51 (Eastern time).

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The company had a tense relationship with the FDA under Gottlieb , which was severely tested after Altria in December & nbsp;ad& nbsp; he had taken a 35% stake in the giant e-cigarette, Juul. The announcement prompted Gottlieb to & nbsp;pressure& nbsp; the company to explain its strategy to reduce what he called a & nbsp;"epidemic"& nbsp; about teen smoking. "data-reactid =" 25 "> The company has a tense relationship with the FDA under Gottlieb, which is still tense after Altria announced in December that it took 35% of the giant's capital. The announcement had prompted Gottlieb to put pressure on society to explain his strategy to reduce what he called an "epidemic" of adolescent smoking.

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Sharpless has been an important supporter of Gottlieb's efforts to crack down on against e-cigarettes and smoking among teens Last week, ittweeted support& nbsp; for Gottlieb after his unexpected announcement to withdraw from the FDA. Sharpless wrote: "Scott has done a lot for cancer patients and all Americans. Bold leadership in tobacco control, generic drugs, new biologics and more. Sharpless is a strong supporter of Gottlieb's efforts to combat flavored electronic cigarettes and teen smoking. tweeted support for Gottlieb after his unexpected announcement to resign from the FDA. Sharpless wrote: "Scott has done a lot for cancer patients and all Americans. Bold leadership in tobacco control, generic drugs, new biologics and more. "

<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The FDA and the National Cancer Institute & nbsp;have already worked together to fund research on tobacco use and smoking behaviors. "data-reactid =" 27 "> The FDA and the National Cancer Institute have already collaborated closely to fund research on tobacco use and smoking behaviors.

Gottlieb wrote Tuesday in a message on Twitter that he was "delighted" with the decision of the administration to appoint Sharpless to the head of the agency.

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" Ned is a friend of the FDA, an excellent champion of public health, a dedicated physician, and will be warmly welcomed into his new role, "wrote Gottlieb in the & nbsp;Twitter post.& nbsp; "The FDA will benefit greatly from its leadership." "data-reactid =" 29 ">" Ned is a friend of the FDA, a great champion of public health, a dedicated physician, and will be warmly welcomed into his new duties "Gottlieb wrote in the Twitter post. "The FDA will benefit greatly from its leadership."

Sharpless was sworn in as director of the National Cancer Institute in 2017 and director of the Lineberger Comprehensive Cancer Center at the University of North Carolina.

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Emily McCormick is a journalist for Yahoo Finance. Follow her on Twitter: @emily_mcck"data-reactid =" 32 ">Emily McCormick is a journalist for Yahoo Finance. Follow her on Twitter: @emily_mcck

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