Recent events
Recent events tied to this brand in public sources.
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2026
BAT files patent-infringement claims over IQOS technology
British American Tobacco filed patent-infringement claims against Philip Morris International and others, alleging that the heating technology used in PMI’s IQOS devices infringed BAT patents. BAT sought damages and an injunction on imports; the article does not report a court determination.
2026
PMI launches airport-exclusive IQOS ILUMA i Prime SKYLENS
Philip Morris International launched IQOS ILUMA i Prime SKYLENS, its first device created exclusively for the global airport travel retail channel, debuting at Narita International Airport Terminal 2 in Japan with a dedicated pop-up zone and rolling out to selected airport duty-free locations in Germany, Italy, Spain, Greece, Switzerland, Serbia, South Korea, Qatar, Saudi Arabia, Egypt, Morocco, Lebanon and Malaysia.
2021
Philip Morris International enters $2.5 billion revolving credit facility
Philip Morris International entered into an agreement for a new revolving credit facility providing for borrowings of up to $2.5 billion; the facility replaced its existing $3.5 billion revolving credit facility, which was terminated effective the same date.
2021
Philip Morris International announces acquisition of OtiTopic
Philip Morris International announced its acquisition of OtiTopic, a U.S. respiratory drug development company. The announcement described OtiTopic’s late-stage inhalable acetylsalicylic acid treatment, ASPRIHALE, and PMI’s plans to continue its registration program and pursue FDA approval.
2021
Philip Morris International agrees to acquire Vectura
PMI Global Services, a wholly owned direct subsidiary of Philip Morris International, said it had reached an agreement to buy Vectura for 150 pence per share in cash.
2021
Philip Morris International appoints Bonin Bough to its board
Philip Morris International announced that its board appointed Bonin Bough as a new member, effective immediately.
2021
Philip Morris International signs illicit-trade cooperation agreement with DHS IPR Center
Philip Morris International signed a memorandum of understanding with the National Intellectual Property Rights Coordination Center at the U.S. Department of Homeland Security to support illicit tobacco trade operations and intellectual-property investigations.
2020
Philip Morris International announces leadership succession plan
Philip Morris International announced a leadership succession plan: Louis Camilleri would retire as chairman effective immediately; Lucio Noto would serve as interim chairman; André Calantzopoulos was appointed executive chairman effective in May 2021; and Jacek Olczak was elected CEO effective after the May 2021 meeting.
2020
Philip Morris International appoints new general counsel
Philip Morris International announced that Suzanne Rich Folsom was appointed Senior Vice President and General Counsel, effective July 1, 2020. She is to succeed Marc Firestone, who plans to retire later in the year.
2020
Philip Morris International announces sponsorship of The Hill forum
Philip Morris International announced that it would sponsor The Hill's “A More Perfect Union?” forum, scheduled for January 30, 2020.
2020
Philip Morris International wins 2020 BIG Innovation Award
Philip Morris International announced that it won the 2020 BIG Innovation Award in the Organization category.
2019
IQOS begins sales at Atlanta tobacco stores
About 500 tobacco stores in Atlanta, Georgia, became the first stores in the United States to start selling IQOS, a heated-tobacco product from Philip Morris International.