LAUSANNE, Switzerland--(BUSINESS WIRE)--Mar. 31, 2017--
      Philip Morris International Inc. (“PMI”) (NYSE / Euronext Paris: PM)
      submitted a Premarket Tobacco Product Application (PMTA) for its
      Electronically Heated Tobacco Product (EHTP) to the US Food and Drug
      Administration’s (FDA) Center for Tobacco Products. This is consistent
      with the Company’s stated goal of submitting its PMTA in the first
      Quarter of 2017.
    
      PMI’s PMTA seeks authorization to commercialize the EHTP in the United
      States. Should FDA grant the requested marketing order, Altria Group
      Inc. would be responsible for commercializing and marketing the product
      in the United States under the terms of a licensing agreement with PMI.
    
      Note to editor
    
      On December 5, 2016, PMI submitted a Modified Risk Tobacco Product
      (MRTP) application for its EHTP to the FDA. Administrative review of
      that application is ongoing. A PMTA marketing order is a prerequisite to
      commercializing a new tobacco product such as PMI’s EHTP. A decision on
      the PMTA would allow the marketing of PMI’s EHTP without modified risk
      claims independent of a decision on the MRTPA.
    
      Philip Morris International Inc.
    
      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 that
      present, are likely to present, or have the potential to present less
      risk of harm to smokers who switch to these products versus continued
      smoking. Through multidisciplinary capabilities in product development,
      state-of-the-art facilities, and industry-leading scientific
      substantiation, PMI aims to provide an RRP portfolio that meets a broad
      spectrum of adult smoker preferences and rigorous regulatory
      requirements. For more information, see www.pmi.com
      and www.pmiscience.com
    
    

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Source: Philip Morris International
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