Morning Briefing
Summaries of health policy coverage from major news organizations
Juul Hopes To Replicate Success From America By Launching E-Cigarettes In U.K.
Silicon Valley startup Juul Labs Inc. will begin selling its e-cigarettes in the U.K. this week seeking to replicate its runaway U.S. success -- though with a smaller nicotine hit. A Juul starter kit -- including the device, a battery charger and four liquid pods -- will be available to buy online and in 250 vape stores in the U.K. this week. The closely held company is funding international expansion with a capital increase that’s expected to reach $1.2 billion, which would value the startup at $15 billion. (Chambers, 7/16)
Juul says it targets adult smokers, but it has faced scrutiny over the popularity of its products with teenagers. In April the U.S. Food and Drug Administration launched a crackdown on the sale of e-cigarettes and tobacco products to minors, particularly those developed by Juul Labs. A day after the FDA's announcement, Juul revealed several initiatives to address the issue, such as earmarking $30 million (22.67 million pounds) to support government initiatives to raise the minimum tobacco-buying age. (Geller, 7/16)
In other health industry news —
Walmart Inc. has hired a former senior executive at insurer Humana Inc. to run its health-care business, a move that could reignite speculation that the two companies will forge a closer partnership. The world’s largest retailer named Sean Slovenski as senior vice president of health and wellness, reporting directly to Greg Foran, who runs the company’s U.S. business, according to a July 12 internal memo from Foran. The appointment is effective Aug. 1. Slovenski spent three years at Humana, rising to become vice president of innovation, and most recently worked for a digital-health company that also partners with Walmart. (Boyle, 7/16)