Source:  CNBC, 9/30/21


The U.S. International Trade Commission ruled Wednesday that Philip Morris International and Altria must stop the sale and import of the Iqos tobacco device. The decision is the result of a patent case filed by rival R.J. Reynolds. The trade agency found that the cigarette alternative infringed on two of Reynolds’ patents. The import and sales ban will take effect in two months after an administrative review that requires President Joe Biden’s signature.

For more of this story, click here.