LA MESA, Calif., Dec. 1, 2004 (PRIMEZONE) -- Nicodrops, Inc. (Pink Sheets:NCDP), developer of the world's first drug-free, non-nicotine smoking cessation lozenge, announced today it has formally received approval from the Canadian Food and Drug Administration for their smoking cessation lozenge. The Canadian FDA Approval Drug Identification Number (DIN) 00245097 was issued through the Therapeutic Products Directorate of the Health Canada, FDA. The DIN number now permits Nicodrops to sell its products in the Canadian market.
"Canadian FDA approval gives us access to the vast number of smokers who are looking for an effective solution to quit smoking throughout Canada which, when combined with the U.S. smoking population, gives us a very attractive market of about 77 million smokers," said Christopher Calpito, president and CEO of Nicodrops, Inc. "Nicodrops will be the only drug free smoking cessation lozenge with little or no side effects to be offered in Canada, this gives us a decided edge over our competition.
"We plan on taking advantage of the aggressive anti-smoking campaigns currently taking place in U.S. and Canada by promoting Nicodrops as the lower priced, faster acting drug free solution to quit smoking."
Recently, Nicodrops announced it has formally received approval from the European Community (EC) to allow the company to distribute its proprietary products in the following 15 countries; UK, Ireland, Spain, Portugal, France, Germany, Italy, Greece, Belgium, Norway, Sweden, Denmark, Finland, Switzerland, and the Netherlands.
In addition, Nicodrops lozenge products are in the "Dietary Supplements" category for purposes of the United States market so it doesn't require FDA approval according to Calpito. Nicodrops products are governed by the Dietary Supplemental Health and Education Act.
Nicodrops Inc., headquartered in La Mesa, CA, has developed the world's first drug-free, non-nicotine product which allows smokers to give up their habit faster and at a lower cost than their major competitors without the adverse side effects of nicotine. Nicodrops is an all-natural herb lozenge which helps to calm the nervous anxiety that is brought on by nicotine addiction. The company's lozenge products are based on patent protected proprietary technology which offers a safer alternative to all other nicotine based products in the marketplace today.