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The accord stops all cases alleging patent infringement and forbids new lawsuits pertaining to HTP and e-cigarettes that are already on the market.
Nonetheless, it will enable the release of new product versions on both sides.
The British group saw the global agreement as the most effective means of achieving its objectives.
In 2020, BAT filed lawsuits against two of its largest competitors, alleging that the Philip Morris-developed IQOS tobacco heating technology, which is marketed by Altria Group, violates its patents in the United States.
source: ft.com
Nonetheless, it will enable the release of new product versions on both sides.
The British group saw the global agreement as the most effective means of achieving its objectives.
In 2020, BAT filed lawsuits against two of its largest competitors, alleging that the Philip Morris-developed IQOS tobacco heating technology, which is marketed by Altria Group, violates its patents in the United States.
source: ft.com
