(Reuters) - The company plans to divide itself into two publicly traded
units: one that focuses on tobacco manufacturing and another
that focuses on its intellectual property and new-product
development, including pharmaceutical products that use a
tobacco component.
Star Scientific, whose products include hard, dissolvable
tobacco products under the Ariva and Stonewall brands, saw its
shares plummet in January after an adverse ruling in a patent
lawsuit it is fighting against Reynolds American Inc.'s
R.J. Reynolds Tobacco unit.
Read more at Reuters.com Mergers News
units: one that focuses on tobacco manufacturing and another
that focuses on its intellectual property and new-product
development, including pharmaceutical products that use a
tobacco component.
Star Scientific, whose products include hard, dissolvable
tobacco products under the Ariva and Stonewall brands, saw its
shares plummet in January after an adverse ruling in a patent
lawsuit it is fighting against Reynolds American Inc.'s
R.J. Reynolds Tobacco unit.
Read more at Reuters.com Mergers News
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