Quantcast
Last updated on April 17, 2014 at 1:21 EDT

Latest Sottera Inc. Stories

a0dde718e5cbae6f79f37b6bd84681ad1
2011-04-26 12:30:00

Electronic cigarettes that are marketed for non-therapeutic use will be regulated by the U.S. Food and Drug Administration (FDA) as a tobacco product, the agency announced after a federal court ruled that the products were not a drug or medical device, and cannot be regulated as such. The e-cigarette maker Sottera Inc., based in Scottsdale, Arizona, and doing business as Njoy, argued in the federal lawsuit that its products are tobacco products and not drugs. These battery-powered devices...

6adf300038f09c9f98f7e59952deb30d1
2010-12-09 05:49:28

A U.S. appeals court ruled on Tuesday that the federal government cannot block the sale or import of electronic cigarettes, and can only regulate "e-cigarettes" as tobacco products and not as drugs. The ruling by the three-judge appellate panel of the U.S. Court of Appeals for the D.C. Circuit angered tobacco activist groups, who view the ruling as a victory for the e-cigarette industry. The decision allows e-cigarette maker Sottera Inc. to begin importing its NJOY products.  NJOY has...

2009-01-09 14:44:00

CHICAGO and PHOENIX, Jan. 9 /PRNewswire/ -- Houlihan Smith & Co., Inc. acted as the exclusive advisor in arranging a non-control equity investment into Sottera, Inc. d/b/a NJOY, as announced by Charles Botchway, Group Managing Director and Vice Chairman of Houlihan Smith & Company, Inc. The transaction was led by Houlihan Smith Managing Director Reginald McGaugh. Terms were not disclosed. "We appreciate the process management and financial advisory services provided by...