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However, when you factor in expectations for near-term growth, the two companies' valuations converge, with Altria's forward multiple dropping to 18 while Reynolds American's stays at 19

In the same period the amount of tobacco sold legally in British shops has dropped by more than 40 per cent

: Adherence to annual lung cancer screening with low-dose CT scan in a diverse population

A study published in The New England Journal of Medicine in 2018 found that lowering nicotine levels could save millions of lives and tens of millions of life-years over the next several decades