FDA Chief Resigns After Clearing Slew of Drugs, Wrestling E-Cigs
- Gottlieb led drug agency since start of Trump administration
- Drug stocks fall, tobacco stocks briefly rise after news
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U.S. Food and Drug Administration Commissioner Scott Gottlieb is resigning, ending a tenure where he approved a flood of drugs and pushed for sharp curbs on e-cigarettes to halt what he called an epidemic of youth use.
Gottlieb earned a reputation as an attentive and media-savvy regulator in a Trump administration that’s taken a more hands-off approach in many other areas of oversight. A medical doctor, Gottlieb won over the agency’s staff and became a celebrated figure among pharmaceutical companies, biotechnology firms and medical-device makers for moving swiftly to bring more innovative treatments to the marketplace.