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About one-third (32.3%) included a focus on tobacco cessation ( Offer )
ProPublica shared the tobacco bond documents with S&P, Moodys and Fitch
As the FDA put it, Under the PMTA pathway, which is the marketing pathway most likely to be pursued for electronic nicotine delivery systems (ENDS) products, manufacturers or importers must demonstrate to the agency, among other things, that marketing of the new tobacco product would be appropriate for the protection of the public health. Vaping and IQOS are less harmful to users than smoking cigarettes
This is concerning as, back in 2016 already, 26 000 people died from smoking-related diseases like cancer and heart and lung diseases in the country, costing the government over R42-billion in healthcare expenses and lost productivity
Lombardi F, Herrmann HJ, de Arcangelis L
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