Biotech Values

[Titan V]

The former Lucky Strike maker is spending billions on 'next-gen nicotine delivery systems'
http://read.bi/2pENZkq

'Where’s the next disruptive technology going to come from?'
Innovation in Big Tobacco is also bringing companies like BAT into contact with the startup world. BAT has made several acquisitions in the vaping and e-cigarette space since the turn of the decade.

"I’ve got a whole function here purely based on disruptive technology," Dr. O'Reilly explains. "It’s about 30 in that group, dedicated to what we call new consumer technology platform.

"They’re just looking out there, where’s the next disruptive technology going to come from? And when they identify them, we can look to work with them, acquire them, develop the technology. We become the disruptors."

BAT is an often talked about potential acquirer for XXII.