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Qnovia Raises $16 Million in Series B Funding

Qnovia has raised $16 million in Series B funding. The financing was led by Blue Ledge Capital, Evolution VC Partners, Vice Ventures and Gaingels.
“This Series B financing marks a meaningful milestone for Qnovia as it provides validation for our RespiRx proprietary platform, our progress in the regulatory process and the potential for our inhaled drug delivery platform to improve patient outcomes. We are grateful for the partnership with our investors, who are committed to our vision of advancing the development of inhaled therapeutics for areas of high unmet need, starting with our focus on bringing innovation to medicines to support smoking cessation,” said Brian Quigley, CEO of Qnovia.
“Our recent infusion of capital will advance QN-01 beyond our Phase 1 clinical trial in the U.S. and support an MAA submission to the MHRA in 2026. We believe that the data we have generated for QN-01, which includes our positive first in-human clinical data and our nonclinical findings, significantly derisks our clinical development plan and accelerates commercial validation to support our MAA submission for an expedited path to revenue generation in the U.K. Overall, this financing brings us one step closer to our vision of transforming the treatment paradigm for smoking cessation for a population who has not had access to any new treatment options in several decades.”
Since its inception, Qnovia has raised $50 million to advance its proprietary inhaled drug delivery platform. Qnovia will use the proceeds from the recent financing to support the clinical, regulatory and commercial development of its RespiRx Nicotine Inhaler (QN-01) in the U.K. QN-01 has demonstrated clinical proof-of-concept in a first-in-human, Phase 1 study and received U.S. Food and Drug Administration clearance of its Investigational New Drug application. In addition, the company will use the Series B funds to evaluate the feasibility of additional therapeutic indications in their pipeline.
“We are impressed by Qnovia’s agility and speed in navigating the complex regulatory framework for the development of novel smoking cessation therapies,” said Andy Roche, founder and managing partner at Blue Ledge Capital. “We are confident that their groundbreaking platform will revolutionize smoking cessation as well as drug delivery broadly as a result of its dose-to-dose consistency and favorable pharmacokinetic profile. We are honored to share that journey with the Qnovia team.”
December 12, 2024
Welsh Lawmakers Back Ban on Disposable Vapes

Credit: Iama Sing
The Welsh government has backed a ban on the sale of disposable vapes in Wales from next June.
Deputy First Minister Huw Irranca-Davies said the move was a “major step forward in tackling throwaway culture and the environmental impacts of single-use vapes.”
He said the Welsh government was working closely with ministers in all the UK nations to implement the ban simultaneously, reports the BBC.
No single-use vapes can be sold or given away for free after June 1, 2025.
The Welsh government is urging businesses to speak to their suppliers about ordering alternatives, start educating their staff, and inform customers.
Businesses will also have to organize the eventual safe disposal of single-use vapes for their customers.
The Welsh government announced the ban in October after the UK government said it would stop the sale of disposable vapes in England from June 2025.
The Scottish government initially planned to introduce the ban in April but delayed it by two months to comply with England and Wales’ schedule.
There have been fears the appeal of vaping had spread to non-smokers in the UK.
Scientists estimated the number of adults in England to have started vaping despite never having been regular smokers had reached one million in October this year.
There were also concerns a ban could fuel an already growing black market of illegal vapes, which can have higher nicotine content.
December 11, 2024
Dallas City Council OKs Adding Vapes to Smoke Law

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The Dallas City Council in Texas approved adding vaping to its smoke-free ordinance Wednesday, restricting vaping and e-cigarettes in parks. The ordinance mirrors existing restrictions on smoking in specific areas, including all indoor and enclosed spaces, within 15 feet of building entrances, and on park property.
The change also requires businesses, such as restaurants, hotels, and fitness centers, to update their signage to clearly state that both smoking and the use of electronic smoking devices are prohibited. The new ordinance, which takes effect Dec. 11, 2025, is punishable by a fine of up to $500.
“This ordinance fortifies the City’s commitment to restrict vaping in public spaces after collaboration with our community partners and identifying the negative health effects of vaping aerosol exposure,” said Interim City Manager Kimberly Tolbert, as reported by media. “This is an exciting day because the approval of the ordinance closes an important regulatory gap and better protects the health of our residents from the negative effects of electronic smoking devices.”
In March, the city council’s Parks Trails and the Environment committee requested that the Office of Environmental Quality and Sustainability and the Environmental Commission recommend updating the city’s smoke-free ordinance to include vaping.
December 11, 2024
New Kentucky Vape Rules Start on New Year’s Day

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A law taking effect on Jan. 1 will limit what smoke shops in Kentucky can sell.
Kentucky House Bill 11 will make disposable vape products illegal and place restrictions on other vape products based on their status with the Food and Drug Administration.
FOX 19 spoke with Jay Armstrong from Dripwell Vapors in Fort Wright, who said he opposed the law.
“I think it’s a huge waste of time, and all it’s going to do is hurt the legitimate businesses that are doing things right,” Armstrong said.
Armstrong explained that enforcement of policies like this seems to be lacking. He said that he rarely sees anyone come into the store to make sure they’re selling products that they’re allowed to sell.
“People are going to go where they can get what they want,” Armstrong explained. He believes stores will be selling banned products, while stores that follow the rules will lose profits.
Ben Chandler with the Foundation for a Healthy Kentucky told FOX 19 that the new law would be a step in the right direction.
“It’s a start,” Chandler said. “It’s got lots of holes in it that need to be closed.”
December 10, 2024
Some EU Countries Want Vapes in With Tobacco Tax

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Sixteen EU countries asked the European Commission on Monday to propose a new law in the coming months on taxing tobacco in the bloc to include new products such as e-cigarettes and other vaping products – which are not covered under existing legislation.
The initiative, led by the Netherlands, is supported by Croatia, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Latvia, Slovakia, Spain, Belgium, Bulgaria, Ireland, Slovenia, and Portugal.
In a letter to the Commission, finance ministers from the countries say an update to the bloc’s 2011 EU tobacco taxation law is needed because – in the absence of EU regulations on vaping – each country now applies different rules and levels of excise tax, distorting the bloc’s single market.
“Based on the current directive, most of these products cannot be taxed like traditional tobacco products. The provisions of the current directive are insufficient or too narrow to meet the challenges faced by the administrations of Member States given the ever-evolving offerings of the tobacco industry,” said the joint letter, seen by Reuters.
“Due to shortcomings in the EU legislation, Member States have taken appropriate actions at the national level. This has led to fragmentation, an uneven playing field and, ultimately, to the distortion of our internal market,” it said.
An update to the EU tobacco taxation law was due at the end of 2022, but has been delayed and governments want the new Commission, which took office on Dec. 1 for the next five years, to address this urgently.
December 9, 2024
Rhode Island Shop Owners Sue Over Flavor Ban

Rhode Island State House in Providence, Rhode Island. (Credit Design Pics)
Two Rhode Island businesses are challenging the impending statewide ban preventing them from selling flavored vaping products.
Vaporetti LLC, an East Providence vape shop, and Sunshine Vape LLC, which runs three stores in Providence, Warwick and South Kingstown, filed a lawsuit against the Rhode Island Department of Revenue, Division of Taxation and Department of Health last month in an attempt to block the statewide ban.
The business owners are asking the court to stop the “unconstitutional” and “unlawful” ban from taking effect on Jan. 1, 2025, media reports. Gov. Dan McKee signed the statewide ban, which was included in his $14 million budget proposal for the next fiscal year, into law over the summer.
In the lawsuit, the business owners warned that the ban would severely impact their bottom lines and force their inevitable closures. “Each [business] derives more than 70% of its annual sales revenue from flavored ENDS products,” the lawsuit explained. “The sale of flavored ENDS products is an integral part of [their businesses], and the viability of their businesses is directly related to their ability to sell these products.”
If enforced, the ban “will prove fatal to these businesses because they cannot survive the loss of nearly three quarters of their revenue.” In the lawsuit, the business owners also stressed that the ban may do more harm than good.
December 6, 2024
Mexico’s Lower House Passes Ban on Vape Products

The lower house of Mexico’s Congress voted to alter the constitution to include a ban on e-cigarettes, reports Reuters. The measure passed with 410 votes in favor and 24 against.
The reform also sanctions “production, distribution and sale of toxic substances, chemical precursors, the illicit use of fentanyl and other non-authorized synthetic drugs.”
Less than 1 million people from ages 12 to 65 reported regularly using a vape in 2022, according to federal data cited by lawmakers. Meanwhile, around 500,000 teens and 300,000 adults used e-cigarettes.
The proposal was sent to Congress by former President Andres Manuel Lopez Obrador, who argued that smoking devices were damaging public health, with children particularly susceptible to getting hooked.
Lopez Obrador had already banned such devices through a presidential decree, though they remain widely available for purchase. Millions of Mexicans, meanwhile, smoke traditional cigarettes, which remain legal.
Opposition legislator Ector Jaime Ramirez said banning fentanyl and vaping in the same reform was excessive and “trivializing to the effort being made to combat the most addictive and dangerous drugs.”
December 6, 2024
FDA Issues Warnings to 115 Retailers for Illegal Sales

Credit: Marcus Krauss
The U.S. Food and Drug Administration issued warning letters to 115 brick-and-mortar retailers for selling unauthorized vaping products. The warning letters cite the sale of disposable e-cigarette products owned by Chinese manufacturers and marketed under popular brand names, including Geek Bar Pulse, Geek Bar Skyview, Geek Bar Platinum, and Elf Bar.
The warning letters result from the FDA’s ongoing enforcement efforts, in coordination with state partners, to identify and crack down on the sale of unauthorized e-cigarettes, according to the agency. FDA has contracts with states, territories, or third-party entities to assist with compliance check inspections of retail establishments.
Findings from the 2024 National Youth Tobacco Survey indicated that 5.8 percent of current youth e-cigarette users reported using products under the Geek Bar brand. FDA’s review of additional rapid surveillance data and preliminary data from the Population Assessment of Tobacco and Health Study has also identified the brand as popular or youth-appealing.
Warning letter recipients are given 15 working days to respond with the steps they will take to correct the violation and to prevent future violations. Failure to promptly correct the violations can result in additional FDA actions such as an injunction, seizure, and/or civil money penalty.
A new tobacco product must have FDA authorization before it can be legally marketed, and generally, products without authorization are at risk of enforcement action. To date, the FDA has authorized 34 e-cigarette products and devices.
December 5, 2024
Carlson’s Alp Could Upend Pouch Market: Survey

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More than 86 percent of current U.S. nicotine pouch users say they are likely to switch to the recently launched Alp brand, according to a survey carried out by online retailer Nicokick. Such a shift would upend the nicotine pouch industry, which is currently valued at approximately $988.4 million and dominated by Philip Morris International’s Zyn brand.
Alp was launched in November by Tucker Carlson and Turning Point Brands. The conservative commentator touts the product as “the first nicotine pouch brand made by and for adults who unapologetically love nicotine.”
According to an earlier article in The Wall Street Journal, Carlson decided to enter the tobacco business because of the way Zyn manufacturer Philip Morris International responded to an off-color remark he made in 2023 about America’s bestselling nicotine pouch.

It’s clear the introduction of Tucker Carlson’s brand Alp should have a significant impact on the nicotine market, not only with current pouch users, but also with consumers of other forms of smoking and tobacco products.
Marina Murphy, senior director of scientific affairs, Nicokick
Also in Nickokick’s survey, 41.4 percent of cigarette users and 53.6 percent of cigar users said they would be likely to switch to Alp nicotine pouches. Nearly 55 percent of vapers also said they would be likely to switch.
“It’s clear the introduction of Tucker Carlson’s brand Alp should have a significant impact on the nicotine market, not only with current pouch users, but also with consumers of other forms of smoking and tobacco products,” said Marina Murphy, senior director of scientific affairs at Nicokick.
“A shift away from cigarettes, and towards nicotine alternatives like pouches, could have impacts not only on the industry, but on the lives and health of millions of American consumers.”
December 5, 2024
Cigarette Smoking Drops to Record Low in Spain

Smoking rates in Spain have dropped to a record low, reports Euro Weekly News.
In 2024, 25.84 percent of the population smoked, down from 33.1 percent in 2022. Health advocates credit successful government initiatives, including higher taxes on tobacco products, stronger restrictions on tobacco advertising, the expansion of smoke-free zones to include public outdoor areas, and increased funding for smoking cessation services.
Despite these recent declines, tobacco remains a major public health issue in Spain. The Spanish Ministry of Health attributes nearly 50,000 deaths annually to smoking-related illnesses, accounting for nearly 15 percent of all deaths in the country.
Meanwhile, the decline in cigarette smoking has been accompanied by a surge vaping. The number of e-cigarette users has doubled in the past four years, with 19 percent of Spaniards having tried them. Over half of e-cigarette users are opting for nicotine-free versions.
In response to this shift, the Spanish government is introducing new regulations to curb e-cigarette usage, including banning e-cigarettes in indoor public spaces, restricting flavored e-liquids, and limiting them to tobacco flavors. It is also considering plain packaging for e-cigarette products, and discussing the introduction of taxes on e-liquids to mirror tobacco taxes.
December 5, 2024