Thursday, July 23, 2015

Altria and Philip Morris Expand E-Vapor Development Deal - Analyst Blog -

From the Trust for the National Mall's Board of Director's we bring you:

Altria Group Inc.
shares gained almost 3% on Jul 16 after it extended its technology
sharing agreement with Philip Morris International Inc.

Per the expanded agreement, the two companies will work on a
joint research, development and technology-sharing framework for
developing their unconventional cigarettes.

The extended agreement also includes exclusive technology cross
licenses, technical information sharing and cooperation on
scientific assessment, regulatory engagement and approval related
to these products.