A new study of previously confidential tobacco industry documents concluded that a Philip Morris (PM-$44.12) scientist, Roger Walk, established close connections with a WHO Collaborating Center in Thailand, called the Chulabhorn Research Institute, and leveraged these relationships to help advance the interests of the cigarette maker in the country and across Asia. Although the purveyor of Marlboro, Parliament, and Virginia Slims showed cigarette volume growth of 15.5 billion units, or 2.4 percent, to 667.0 billion units for the nine-months ended September 30, the company is concerned that governmental and NGO actions will result in reduced industry volume and consumption in many of its markets… Read More….
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.
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