Final hours! Save up to 55% OFF InvestingProCLAIM SALE

Philip Morris appoints two former U.S. FDA officials to key roles

Published 09/14/2022, 08:08 AM
Updated 09/14/2022, 08:13 AM
© Reuters. FILE PHOTO: A woman poses with a cigarette in front of Philip Morris International logo in this illustration taken July 26, 2022. REUTERS/Dado Ruvic/Illustration
PM
-
SVRA
-

(Reuters) - Philip Morris International Inc (NYSE:PM) said on Wednesday it had appointed two former U.S. Food and Drug Administration (FDA) officials to key positions at a time when tobacco companies have come under intense regulatory and public scrutiny.

The maker of Marlboro cigarettes said Badrul Chowdhury, who spent more than two decades at the FDA, has been named as chief life sciences officer, joining from a U.S.-based biotech firm.

Chowdhury's LinkedIn page shows he is the chief medical officer at Savara (NASDAQ:SVRA), a company focused on rare respiratory diseases.

Philip Morris last year came under fire from Asthma UK and the British Lung Foundation for its takeover of asthma inhaler maker Vectura, with the health groups questioning whether it should own a company that cures the very respiratory illnesses cigarettes cause.

Tobacco companies have also faced heightened scrutiny from regulators, lawmakers and state attorneys general over the appeal of its e-cigarettes to teenagers.

© Reuters. FILE PHOTO: A woman poses with a cigarette in front of Philip Morris International logo in this illustration taken July 26, 2022. REUTERS/Dado Ruvic/Illustration

Philip Morris said Matthew Holman has been named as the vice president of U.S. scientific engagement and regulatory strategy, joining from the FDA, where he helped guide policy decisions and oversee a regulatory science research program for tobacco products.

The appointments follow the addition of another former FDA official, Keagan Lenihan, to a senior role earlier this year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.