No, it contains irritant ingredients (like cinnamon, wintergreen, clove, etc.) to make blood rush to the lips, therefore making them look fuller. The 'Venom' part of the name is just catchy ;)
The Spitting Cobra uses muscle contractions to re-direct the venom out of tiny holes at the base of the fangs. This propels a stream of venom forwards - and is usually directed towards the eyes as a...