News Articles

Philip Morris International Announces Unconditional Offer for Vectura Group PLC LAUSANNE, Switzerland -Thursday 16 September 2021

- PMI has acquired or received valid acceptances for 74.77% shares in Vectura, and all other conditions have been satisfied or waived, making PMI’s offer unconditional in all respects - PMI reaffirms commitment to using its resources and expertise to help Vectura grow its business and...

Philip Morris International Launches New IQOS ILUMA in Japan to Accelerate the Achievement of a Smoke-Free... -Tuesday 17 August 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today announced the launch of IQOS ILUMA, the latest and most innovative addition to their growing portfolio of smoke-free products for adults who would otherwise continue to smoke or use nicotine products. Today, this range of...

Philip Morris International Enters Tender Period with Vectura Shareholders Following Unanimous Recommendation by Vectura... -Tuesday 17 August 2021

- The Vectura board have unanimously recommended PMI's 165p-per-share offer to shareholders - The board cited PMI’s superior cash price offered to Vectura shareholders, and the benefit to stakeholders from PMI's significant financial resources, commitment to enhanced research and...

Philip Morris International Acquires Inhaled Drug Specialist OtiTopic; Growing Pipeline of “Beyond Nicotine”... -Monday 9 August 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today announced its acquisition of OtiTopic, a U.S. respiratory drug development company with a late-stage inhalable acetylsalicylic acid (ASA) treatment for acute myocardial infarction. If approved, the treatment can address...

Philip Morris International Inc. Announces Firm Offer to Acquire Vectura Group plc; Acquisition Accelerates... -Friday 9 July 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) announced today it has agreed with the board of Vectura Group plc (Vectura) (LSE: VEC) on the terms of an all-cash, recommended offer to acquire Vectura for an enterprise value of GBP 852 million1 (approximately USD 1.2...

Philip Morris International Announces Agreement to Acquire Fertin Pharma -Thursday 1 July 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) announced today it has entered into an agreement to acquire Fertin Pharma A/S (Fertin Pharma), a leading developer and manufacturer of innovative pharmaceutical and well-being products based on oral and intra-oral delivery...

Philip Morris International: New Study Shows Near-Doubling in Counterfeit Cigarettes in the European Union Drives... -Thursday 24 June 2021

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) is calling for public and private representatives to jointly combat illicit trade as a new report produced by KPMG was released on the consumption and flows of illicit cigarettes in 30 European countries—the 27 European Union...

Philip Morris International Relocates Corporate Headquarters to Connecticut -Tuesday 22 June 2021

(BUSINESS WIRE) -- Philip Morris International (PMI) (NYSE:PM) today announced the relocation of its corporate headquarters to Connecticut from New York. The move, which was facilitated with the support of Gov. Ned Lamont’s office, will bring approximately 200 jobs to the state—providing a...

Philip Morris International Organizes for Continued Innovation: Deepak Mishra Named President, Americas Region, Martin... -Friday 18 June 2021

(BUSINESS WIRE)-- Jacek Olczak, Chief Executive Officer of Philip Morris International (PMI) (NYSE: PM), today announced a new structure for the Americas with the appointment of Deepak Mishra—formerly Chief Strategy Officer—as President, Americas Region, covering the United States, Canada,...

Philip Morris International Opens Third Funding Round of PMI IMPACT -Wednesday 9 June 2021

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) is calling for applications for the third funding round of PMI IMPACT, the global initiative supporting projects that aim to reduce or prevent illegal trade and counter its negative consequences for individuals, their...

Philip Morris International’s Latest Scientific Update Examines How Cutting-Edge Research Is Opening New Areas of... -Thursday 27 May 2021

 In PMI’s latest Scientific Update, Dr. Jorge Insuasty, Chief Life Sciences Officer, discusses initiatives to develop products that do not contain tobacco or nicotine, as described during the company’s Investor Day call, February 10, 2021. New areas of research tap into...

Philip Morris International Reports Progress Toward Accelerating the End of Smoking -Tuesday 18 May 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today published its Integrated Report, a comprehensive overview of the company’s environmental, social, and governance (ESG) performance and its progress toward its purpose of delivering a smoke-free future. This includes its...

S&P Global Ratings Recognizes PMI’s Business Transformation as Industry Differentiator -Thursday 13 May 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE:PM) is transforming its business to deliver a smoke-free and sustainable future. Today, the company announced that S&P Global Ratings’ ESG Evaluation report has assessed PMI’s approach to environmental, social, and governance...

Philip Morris International Announces the Nomination of International Executives to Its Board of Directors -Thursday 25 March 2021

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) announced in the 2021 Proxy Statement filed today that its Board of Directors has nominated two new members, Dr. Juan José Daboub and Mr. Shlomo Yanai. Additionally, Mr. Jacek Olczak has been nominated to the Board...

Philip Morris International Announces Yearlong Exploration of Inclusion—Furthering the Company’s Commitment... -Monday 8 March 2021

(BUSINESS WIRE)-- On International Women’s Day, Philip Morris International Inc. (PMI) (NYSE: PM) announced the launch of a yearlong research and convening initiative entitled “Inclusive Future.” Following a year when inclusion and diversity efforts moved center stage amid the global...

Public Support Innovative Approaches to Reducing Smoking Rates, Reveals New International Survey from Philip Morris... -Tuesday 2 March 2021

(BUSINESS WIRE)-- A new international survey commissioned by Philip Morris International Inc. (PMI) (NYSE: PM) and conducted by independent research firm Povaddo reveals a public appetite for a better approach to reducing the societal harm caused by cigarettes. Seven in ten respondents (71...

Philip Morris International Appoints Business Innovator Bonin Bough to Its Board of Directors -Tuesday 9 February 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today announced that its Board of Directors has appointed a new member, Mr. Bonin Bough, effective immediately. Bonin Bough, 43, an American businessman, is the founder and Chief Growth Officer of growth accelerator Bonin...

PMI Partners with U.S. Department of Homeland Security on Combatting Illicit Trade -Saturday 30 January 2021

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE: PM) today signed a memorandum of understanding (MOU) with the National Intellectual Property Rights Coordination Center (IPR Center) at the U.S. Department of Homeland Security (DHS) to assist and support Homeland Security...

Philip Morris International Named to the 2021 Bloomberg Gender-Equality Index, Recognizing Company’s Commitment to... -Wednesday 27 January 2021

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) has today been added to the 2021 Bloomberg Gender-Equality Index (GEI) for its transparency in gender reporting and advancing women’s equity. This recognition underscores PMI’s work to progress gender equity in the...

PMI’s Charles Bendotti Recognized by INvolve and Yahoo Finance on OUTstanding 50 Ally Executives List 2020; Nikki... -Tuesday 19 January 2021

(BUSINESS WIRE) -- Charles Bendotti, Senior Vice President, People & Culture at Philip Morris International Inc. (PMI) (NYSE:PM), has today been recognized for his unwavering support for LGBTQ+ inclusion in the workplace, included on INvolve and Yahoo Finance’s OUTstanding 50 Ally Executives...