Cigarette producer Philip Morris buys piece of British inhaler company - NewsBreak

Aug. 18 (UPI) -- Philip Morris, the maker of Marlboro brand cigarettes, announced Wednesday that it's buying nearly a quarter of British asthma inhaler company Vectura. Philip Morris said it's buying a near 23% stake. Vectura is a Britain-based respiratory drug developer. Vectura's board unanimously recommended the offer to shareholders,...