April 26, 2011
MI’s cigarette volumes increased
Apr 26, 2011—Philip Morris International’s cigarette shipment volume during the first quarter of 2011, at 207.920 billion, was up by 1.6 per cent on that of the first quarter of last year, though, on an organic basis, which excludes acquisitions, the company’s volume was down by 3.3 per cent. PMI’s cigarette volumes increased ,
Philip Morris International Management Discusses Q1 2011 Results - Earnings Call Transcript
"Some of the people they've hired certainly know a lot about tobacco, (but) the odds that many or any of them have actually been on the inside of a manufacturing facility is probably pretty low," said Ira Loss, an analyst with Washington Analysis who has covered the agency for three decades.
The nation's second-largest cigarette maker, Reynolds American Inc., intends to take the agency up on the request.
"We certainly think it's important the FDA understand the practicalities of tobacco manufacturing," Reynolds spokesman David Howard said.
Altria Group Inc., owner of the nation's top cigarette company, Philip Morris USA, said it plans to respond but wouldn't say whether that meant it would extend an invitation.
Tobacco companies, in essence, will foot the bill through user fees the FDA charges them.
Reference: FDA wants to get schooled in cigarette making, asks tobacco cos for learning tours by Michael Felberbaum, The Associated Press – 3 days ago
Read more...


