Philip Morris says cigarette sales in many places could end in a decade and they’ve got a ‘safer’ product to replace them

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Philip Morris International Inc. thinks the sale of cigarettes could come to an end in countries around the world in the coming years but have no fear because they’ve got another product ready to sell that offers a “safer” nicotine fix.
Philip Morris PM, +4.02%, and the Food and Drug Administration announced this week that the company’s IQOS “electrically heated tobacco system” has been given the green light to market as a safer alternative to cigarettes. MarketWatch.com reports.

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