After being removed from the market by the FDA in 2002, the makers of "Nicotine Water" are back, claiming the product is a "smoking alternative."

Launched in 1998, "Nicotine Water" maker Global Beverage Innovations says the product now meets the FDA requirement that it be reformulated as a dietary supplement. The company Monday announced two versions of "Nicotine Water" that are equivalent to three cigarettes. One includes tabacco along with nicotine while the other has 84 percent less nicotine.

The company said the water, although containing nicotine, doesn't include tar and looks and tastes like water.