Philip Morris International
↗Stamford, Connecticut, USA
Philip Morris International (PMI) is a leading international tobacco company that is actively transforming its business to create a smoke-free future. The company is pivoting away from traditional cigarettes toward smoke-free alternatives, including heated tobacco products, e-vapor products, and oral nicotine delivery systems.
Beyond nicotine, PMI has expanded into the 'Healthcare and Wellness' sector through its 'Vectura Fertin Pharma' business unit. This division focuses on the development of inhaled therapeutics and oral delivery systems, leveraging the company's expertise in aerosol chemistry and respiratory drug delivery to treat conditions such as cardiovascular disease and respiratory distress.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Inhaled Therapeutics & Wellness
SIZE & FINANCIALS
Employees:10000+
Revenue:$35B-$40B
Founded:1900
Ownership:public
Status:operating
FUNDING
Stage:Public
Investors:The Vanguard Group, BlackRock, State Street Corporation
STOCK
Exchange:NYSE
Ticker:PM
Market Cap:$145B
PIPELINE
Stage:Commercial
Lead Drug Stage:Phase 3 / Registration
Modalities:Inhaled small molecules, Oral delivery (Gums/Pouches), Aerosol technology
Active Trials:12
Trial Phases:Phase 1: 4 | Phase 2: 3 | Phase 3: 2 | Phase 4: 3
FDA Approvals:5
EMA Approvals:3
CORPORATE STRUCTURE
Subsidiaries:Vectura Group, Fertin Pharma, OtiTopic, Swedish Match
Key Partnerships:Altria (IQOS commercialization agreement), KT&G (Global distribution of smoke-free products)
COMPETITION
Position:Leader
Competitors:British American Tobacco (BAT), Altria Group, Imperial Brands, GlaxoSmithKline (in respiratory), AstraZeneca (in respiratory)
LEADERSHIP
Key Executives:
Jacek Olczak - CEO
Emmanuel Babeau - CFO
Board Members:André Calantzopoulos (Executive Chairman), Lucio A. Noto, Michel Combes
LINKS
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