22ND CENTURY GROUP, INC. (XXII) - Description of business

Company Description

22nd Century Group, Inc. is a biotechnology company which develops smoking cessation products for those smokers, who refuse to quit smoking; and modified risk tobacco products that reduce exposure to smoke toxins compared to conventional cigarettes. The company?s products include X-22, a prescription smoking cessation aid, which is a tobacco-based botanical medical product for use as a smoking cessation therapy. It is also developing modified risk cigarettes, such as BRAND A, which has approximately 95% less nicotine than tobacco in cigarettes marketed as ?light? cigarettes; and BRAND B cigarettes? smoke contains the lowest amount of tar per milligram of nicotine. 22nd Century Group, Inc. was founded in 1998 and is based in Williamsville, New York.