It is currently working on an inhalation treatment for Covid-19 with Inspira Pharmaceuticals, another UK company. "PMI intends to operate Vectura as an autonomous business unit that will form the backbone of PMI's inhaled therapeutics business," Philip Morris International said. Altria MO Philip Morris International was separated from New York-listedin 2008. Altria owns Philip Morris USA, which sells cigarette brands including Marlboro, Virginia Slims, Parliament and Merit in the United States. The company on Monday said it was withdrawing that recommendation but had no intention yet to recommend the Philip Morris International offer.

Source: CNN August 09, 2021 14:15 UTC