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More E-Cigarette Regulation Possibly Ahead, Impact of CEO Ownership Stake on Medical Device Recalls & More

August 04, 2023 (1 min read)

Rise in Vaping-Related Nicotine Exposure Could Trigger More Regulation

In spite of a 2016 federal law requiring child-resistant packaging on bottles of liquid nicotine used in e-cigarettes, or vapes, reported cases of vaping-related nicotine exposure reached an all-time high last year.

U.S. Sen. Richard Blumenthal (D-CT), co-sponsor of the 2016 measure, said he aims to expand the child-resistant packaging requirement to include disposable and pod-based e-cigarettes. The current law doesn’t require protective packaging on e-cigarette devices themselves.

Several states, including California, New York and Utah, have also banned some or all flavored e-cigarettes. A study published in 2021 showed that e-cigarette sales overall declined 25 percent to 31 percent in states that imposed such bans. (KFF HEALTH NEWS)

CEO Ownership Stake Influences Speed of Medical Device Recalls

The number of shares of company stock held by medical device companies’ CEOs has a bearing on the speed at which the companies issue recalls, according to a new study. The larger the CEO’s ownership stake, the slower the recalls are in coming. (WALL STREET JOURNAL)

PPP Loans Helped Nursing Homes Address Staffing Shortages During Pandemic

Loans issued to nursing homes during the COVID-19 pandemic under the federal Paycheck Protection Program may have helped the facilities deal with staffing shortages, according to a new study. The study didn’t indicate if the loans resolved such shortages, but it did show that staffing hours increased at the facilities that used them. (19TH NEWS)

—Compiled by SNCJ Managing Editor KOREY CLARK

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