LONDON Jan 5 British American Tobacco
has agreed to sell the rights to a medical nicotine inhaler it
was developing to its partner Kind Consumer, saying it would
focus instead on vaping and tobacco heating products.
The world's second-biggest tobacco company said on Thursday
that Kind would get BAT's manufacturing, intellectual property
and know-how assets in return for deferred, contingent payments.
Financial details were not disclosed.
(Reporting by Martinne Geller in London; editing by Jason