6, 2016-- Philip Morris International Inc. (“PMI”) (NYSE / Euronext Paris: PM) on Dec. 5 submitted a Modified Risk Tobacco Product (MRTP) application for its electronically heated tobacco product with the U.S. Food and Drug Administration’s (FDA) Center for Tobacco Products. This is consistent with the company’s stated goal of submitting its MRTP application in 2016. PMI anticipates the FDA taking a minimum of 60 days to complete an administrative review to determine whether to accept the application for substantive review. Philip Morris International Inc. (PMI) is the world’s leading international tobacco company, with six of the world's top 15 international brands and products sold in more than 180 markets. In addition to the manufacture and sale of cigarettes, including Marlboro, the number one global cigarette brand, and other tobacco products, PMI is engaged in the development and commercialization of Reduced-Risk Products (“RRPs”). RRPs is the term PMI uses to refer to products with the potential to reduce individual risk and population harm in comparison to smoking cigarettes.
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Signs are posted on the sides of ash trays advising the campus community of the upcoming change. "I actually just heard right now, so yeah, I'm very surprised. Kind of shocked but hey, maybe it's good for all of us," said Cal Poly student Mateo Cuellar. The new policy is in response to a systemwide CSU Executive Order issued in April. Chancellor Timothy White directed that all 23 campuses be smoke and tobacco-free September 1st. Right now, there are 73 designated smoking areas at Cal Poly. Student Ellie Vutova says too many students smoke. She believes the new policy is a good idea. "Hopefully it will curb their bad habits but honestly, I'm sure they might just smoke anyway," said Vutova. We came across several smokers who did not want to be on camera but said they do not agree with the policy and think it should be their own choice whether they want to smoke.
The company already handles programmatic buying in-house and plans to expand the model globally, Mr. Herscovici said. WPP reportedly isn’t ready to give up its 24.7% stake in Japanese ad agency Asatsu-DK for the ¥152 billion ($1.35 billion) price private-equity firm Bain Capital has offered for the company. People close to WPP said the tender “severely undervalues” the Japanese firm. [ Financial Times ] EMarketer has lowered its 2017 ad revenue forecast for Snapchat. The research firm now thinks Snapchat will generate $774.1 million in ad revenue world-wide this year, down from its March prediction of $900 million. [ eMarketer ] Those aforementioned Russian entities reportedly used Facebook’s Custom Audiences retargeting tool to identify voters susceptible to being influenced and repeatedly send them ads. [ The Washington Post ] Articles on Gawker.com risk being deleted when it is sold to a new owner. The site could be valuable to a person who wants contentious articles about themselves, their companies or their associates removed from the web.
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