Cigarette maker Reynolds American Inc., maker of Camel and Pall Mall cigarettes, is partnering with a pharmaceutical consultancy to develop products that help people stop smoking. — File photo
RICHMOND, Virginia — Cigarette maker Reynolds American Inc. is partnering with a pharmaceutical consultancy to develop products that help people stop smoking. The nation's second-biggest tobacco company's agreement with Maryland-based Pinney Associates comes as tax increases, health concerns, smoking bans and social stigma cut into demand for cigarettes and more smokers try to quit. Reynolds CEO Susan Cameron also has been vocal about the company's interest in transforming the tobacco industry with new products that can reduce the health impact of tobacco use. Reynolds will also be working with Pinney Associates on policies that aim to reduce the harmful effects of tobacco. As part of the agreement, Reynolds American's Niconovum USA unit will partner with a Pinney affiliate to develop a new kind of nicotine gum and other nicotine-replacement products like electronic cigarettes. The Winston-Salem, North Carolina, company bought Niconovum, which makes nicotine gum, pouches and spray products, in 2009. The maker of Camel and Pall Mall cigarettes is currently expanding its Zonnic brand nicotine gum nationwide, challenging the pharmaceutical industry's hold and pricing power of the market for products to help people stop smoking. — AP