Pyxus Signs Agreement with Turning Point Brands Initiating PMTA Project Collaboration
Turning Point Brands, Inc. (TPB)
Last turning point brands, inc. earnings: 4/28 07:30 am
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Source: Business Wire
An exclusive supply agreement was also announced MORRISVILLE, N.C. & LOUISVILLE, Ky.--(BUSINESS WIRE)--Pyxus International, Inc. (NYSE: PYX), a global value-added agricultural company, announced today its collaboration with Turning Point Brands, Inc. (NYSE: TPB), a leading U.S. provider of Other Tobacco Products (OTP) and adult consumer alternatives. The companies have chosen to share certain science-based research and testing data in order to form the foundation of some of their respective Premarket Tobacco Product Applications (PMTAs) prior to submission to the U.S. Food and Drug Administration (FDA). Additionally, the companies announced that Turning Point Brands has signed a supply agreement for its house brands of e-liquids, thereby expanding its existing relationship with Pyxus’ joint venture, Purilum, LLC, a manufacturer of top-quality e-liquids, flavor concentrates and finished bottle products.All tobacco products introduced or modified after February 15, 2007, require pre
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