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"We are focusing Philip Morris organization much more on the new business. We will have very few new traditional product introductions, and as markets switch to IQOS we would remove resources from the old business completely.Next year IQOS becomes profitable, so even the financing from these traditional businesses isn't necessary anymore, because it becomes fully self-sustaining."

— Andre Calantzopoulos
andre calantzopoulos Quotes Introduction,Financing,Philip

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Andre Calantzopoulos
Introduction
Financing
Philip
New Business
Morris

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The bad things are that our financing of health care is really a moral morass. It is a moral morass in the sense that it signals to the doctors and hospitals that human beings have different values depending on their income status.

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