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Thursday, August 22, 2019

India health ministry thumbs down on e-cigs, smoking devices

Reuters reports that India’s federal health ministry is advocating stopping the importation and sale of electronic cigarettes and heat-not-burn tobacco devices.
The country has 106M adult smokers, second only to China according to the WHO, claiming that smoking kills more than 900K citizens each year.
Philip Morris (PM) is planning to launch its iQOS smoking device there under a “reduced risk” designation.
Related tickers: (JUUL), (MO +0.3%), (BTI -0.7%), (OTCQX:IMBBY -0.3%)

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