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The e-cigarette market covered in this report is divided into disposables, rechargeable, and modular according to product types. It is also divided into tobacco, flavoring, nicotine-free according to ingredients, and divided into specialized e-cigarette stores, online, supermarkets, tobacco experts, etc. through distribution channels.In June 2018, Philip Morris International Inc. (PMI), a Swiss-registered multinational cigarette and tobacco production company, entered into a strategic cooperation with Parallax Development Corp. (Parallax). The agreement focuses on the development and commercialization of an effective alternative nicotine delivery platform that takes advantage of the most advanced technology in the field of pulmonary medicine. Parallax Development Corp. is a life science development company dedicated to developing innovative and patented platforms to deliver nicotine to smokers in the safest way.

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In June 2018, Philip Morris International Inc. (PMI), a Swiss-registered multinational cigarette and tobacco production company, entered into a strategic cooperation with Parallax Development Corp. (Parallax). The agreement focuses on the development and commercialization of an effective alternative nicotine delivery platform that takes advantage of the most advanced technology in the field of pulmonary medicine. Parallax Development Corp. is a life science development company dedicated to developing innovative and patented platforms to deliver nicotine to smokers in the safest way.

In June 2018, Philip Morris International Inc. (PMI), a Swiss-registered multinational cigarette and tobacco production company, entered into a strategic cooperation with Parallax Development Corp. (Parallax). The agreement focuses on the development and commercialization of an effective alternative nicotine delivery platform that takes advantage of the most advanced technology in the field of pulmonary medicine. Parallax Development Corp. is a life science development company dedicated to developing innovative and patented platforms to deliver nicotine to smokers in the safest way.

The report stated that in December 2019, the Indian government passed the "E-cigarette Prohibition (Production, Manufacturing, Sales, Distribution, Import, Export, Transportation, Storage and Advertising) Act 2019", which implemented an e-cigarette ban. The government bans e-cigarettes because manufacturing companies are promoting e-cigarettes to get people out of smoking habits, but research shows that most people are addicted to e-cigarettes.

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The government's increasingly strict regulations on the e-cigarette ban has restricted the growth of the e-cigarette market. The report stated that many countries ban the sale and manufacture of electronic cigarettes to protect young people and children from the harmful effects and addiction of electronic cigarettes.

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