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Latest Sottera Inc. Stories

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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...

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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...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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