Tobacco Industry News

Reports

Philip Morris International buys nicotine aerosol technology
Philip Morris has bought the rights to a technology that disburses nicotine in the form of an aerosol. It is believed that this form of nicotine has the potential to reduce the harm of tobacco use as compared to traditional cigarettes. Read more here.

States close to deal with big tobacco companies
Philip Morris USA and other large tobacco companies are close to reaching a deal with officials representing the 46 states that signed the 1998 Master Settlement Agreement, a settlement that ordered tobacco companies to change their marketing practices and pay the states approximately $206 billion. If all 46 states agree, tobacco companies would be able to keep at least $2 billion that the companies either withheld from states or disputed under the 1998 settlement. Click here to read more.

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