Here it is....
.........NEW YORK (AP) — Tobacco company Philip Morris International Inc. may expand its business in China — a flu vaccine business.
The company, the world's largest seller of cigarettes after China National Tobacco Corp., on Tuesday signed a deal with Canadian vaccine developer Medicago Inc. to license experimental flu vaccines for sale in China.
China's government controls the country's cigarette market through China National Tobacco Corp.
Medicago uses tobacco leaves to make influenza vaccines. Philip Morris International invested in Medicago in 2011 and has a 40 percent stake in the company. The vaccine maker said expanding to emerging markets was a key part of its growth strategy.
Under the deal, Philip Morris International will pay Medicago $4.5 million for rights to develop, manufacture, and sell Medicago's vaccines for pandemic and seasonal flu in China. Medicago can get another $7.5 million if the vaccines advance through clinical development, and it will receive royalties on sales of the vaccines if they are approved.
In a separate agreement, Medicago is licensing plant-based protein development technologies from Philip Morris International for $700,000. The tobacco company will get royalties on sales of any products that use the technology.
Philip Morris International reported $31.1 billion in revenue last year, excluding excise taxes, shipping 915.3 billion cigarettes.
Sentiment: Strong Buy
Talk about shifting the burden of bad choices onto the backs of our children? How many trillions are due to the idiotic Iraq war, which extended the war in Afghanistan, enriched the defense industry contractors and created an ally for Iran? We will be paying for that disaster for the next 50 years in veterans benefits, disability claims and interest on the debt. Are you this stupid in all other aspects of your life?
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I bet the families of 9/11 really appreciate how he went after the culprit. He did get him, didn't he? Blabberjabber knows.