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Columbia to License New Filter Cigarette Rights Worldwide
Columbia University officials announced they accepted rights to a revolutionary cigarette filter and will license manufacturers globally. The filter reportedly reduces tar by 50 to 80 percent, with tar content dropping to about 10 mg per cigarette, but officials and medical groups cautioned that smoking remains dangerous and not risk free. Strickman, the inventor, said licensing shares are under 20 percent and declined to reveal details until patent issues are settled as tobacco stocks rose on the news.
MENTIONED IN THIS ARTICLE
New York
UPI
Columbia University
William H. Stewart
American Cancer Society
Grayson Kirk
Stewart
Columbia
Robert L. Strickman
Strickland
Philip Morris, Inc
P. Lorillard & Co
Strickman
New York Stock Exchange