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    22nd Century to Make Proprietary Research Cigarettes Available Worldwide to Scientists, Researchers, and Governments

    Investing News Network
    May. 19, 2016 09:47AM PST
    Life Science Investing News

    CLARENCE, N.Y.–(BUSINESS WIRE)–22nd Century Group, Inc. (NYSE MKT:XXII), a plant biotechnology company that is a leader in tobacco harm reduction, announced today that the Company has launched a new line of Research Cigarettes with varying levels of nicotine. Similar to the Company’s SPECTRUM® brand research cigarettes that are sold only to the National Institute on …

    CLARENCE, N.Y.–(BUSINESS WIRE)–22nd Century Group, Inc. (NYSE MKT:XXII),
    a plant biotechnology company that is a leader in tobacco harm
    reduction, announced today that the Company has launched a new line of
    Research Cigarettes with varying levels of nicotine. Similar to the
    Company’s SPECTRUM® brand research cigarettes that are sold only to the
    National Institute on Drug Abuse (NIDA), 22nd Century’s new proprietary
    Research Cigarettes are available directly to accredited scientists,
    researchers, universities and governments – worldwide. 22nd Century is
    the only company in the world capable of producing tobacco research
    cigarettes with varying levels of nicotine that range from 95% less
    nicotine than conventional cigarettes (0.5mg/g) to 2X – 3X the nicotine
    content of conventional cigarettes (50mg/g).
    “At the Society for Research on Nicotine (SRNT) Annual Meeting held in
    Chicago in March of this year, the Company received numerous requests
    for variable nicotine-level research cigarettes from domestic and
    international scientists wishing to conduct nicotine addictive threshold
    and smoking cessation studies. 22nd Century is eager to provide
    scientists all over the world with the means to conduct their important
    smoking research,” explained Dr. Paul Rushton, Vice President of Plant
    Biotechnology at 22nd Century Group.
    22nd Century custom designs and produces research cigarettes with
    precise tobacco blends, nicotine contents, filtration, tar yields, and
    even custom taste characteristics for each clinical study according to
    the exact specifications required by scientific researchers. With an
    approved blend and packaging design, 22nd Century can design, produce
    and ship research cigarettes in a matter of weeks, thus speeding up the
    often lengthy and cumbersome process researchers currently endure in
    order to study behaviors and health risks associated with the use of
    tobacco products.
    In addition to the significant revenue potential of this initiative, the
    Company anticipates that the research generated through the use of 22nd
    Century’s Very Low Nicotine research cigarettes will add to the growing
    number of peer-reviewed scientific studies that demonstrate the public
    health benefits of 22nd Century’s proprietary tobaccos. Such independent
    studies formed the backbone of 22nd Century’s December 2015 Modified
    Risk Tobacco Product (MRTP) application to the U.S. Food and Drug
    Administration (FDA). Indeed, many such scientific studies employing the
    Company’s research cigarettes with varying levels of nicotine are funded
    by the FDA itself, including the landmark Eric C. Donny, Ph.D. et al.
    clinical study that was published in the October 2015 issue of The
    New England Journal of Medicine (N
    Engl J Med
     2015; 373:1340-1349
    ). The FDA is also currently
    funding – at a cost estimated to exceed $20 million – a follow-up
    clinical study seeking the best method to quit smoking: an immediate
    reduction in nicotine to non-addictive levels versus a gradual reduction
    in nicotine (ClinicalTrials.gov
    NCT02139930
    ). No matter which protocol proves most effective, 22nd
    Century is the only company in the world capable of producing the
    critical final product: combustible tobacco cigarettes with
    non-addictive levels of nicotine.
    “Without 22nd Century’s unique ability to provide research cigarettes
    with varying nicotine levels, many important research projects would
    simply be impossible to conduct,” explained Henry Sicignano III, the
    Company’s President and Chief Executive Officer. “Accordingly, due to
    the increasing demand for our SPECTRUM® research cigarettes, we felt
    compelled to make similar research cigarettes available directly to
    scientists around the globe. What’s more, unlike SPECTRUM® cigarettes,
    22nd Century’s new research cigarettes will be available in any
    configuration and in any style requested by researchers. We expect this
    new product line to grow rapidly.”
    About 22nd Century Group, Inc.
    22nd Century is a plant biotechnology company focused on technology
    which allows it to increase or decrease the level of nicotine in tobacco
    plants and the level of cannabinoids in cannabis plants through genetic
    engineering and plant breeding. The Company’s primary mission is to
    reduce the harm caused by smoking. 22nd Century currently owns or
    exclusively controls more than 200 issued patents and more than 50
    pending patent applications around the world. Visit www.xxiicentury.com
    for more information.
    Cautionary Note Regarding Forward-Looking Statements: This
    press release contains forward-looking information, including all
    statements that are not statements of historical fact regarding the
    intent, belief or current expectations of 22nd Century Group, Inc., its
    directors or its officers with respect to the contents of this press
    release, including but not limited to our future revenue expectations.
    The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,”
    “believe,” “intend” and similar expressions and variations thereof are
    intended to identify forward-looking statements. We cannot guarantee
    future results, levels of activity or performance. You should not place
    undue reliance on these forward-looking statements, which speak only as
    of the date that they were made. These cautionary statements should be
    considered with any written or oral forward-looking statements that we
    may issue in the future. Except as required by applicable law, including
    the securities laws of the United States, we do not intend to update any
    of the forward-looking statements to conform these statements to reflect
    actual results, later events or circumstances, or to reflect the
    occurrence of unanticipated events. You should carefully review and
    consider the various disclosures made by us in our annual report on Form
    10-K for the fiscal year ended December 31, 2015, filed on February 18,
    2016, including the section entitled “Risk Factors,” and our other
    reports filed with the U.S. Securities and Exchange Commission which
    attempt to advise interested parties of the risks and factors that may
    affect our business, financial condition, results of operation and cash
    flows. If one or more of these risks or uncertainties materialize, or if
    the underlying assumptions prove incorrect, our actual results may vary
    materially from those expected or projected.

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