Philip Morris International has a huge opportunity in smoke-free products, which have better unit economics. PM is planning to launch its IQOS product in the U.S., which could be a significant ...

PM expects IQOS user growth in Q4 to be at a similar level to Q3 with a higher-than-expected impact from reduced commercial activity anticipated and lower acquisition for IQOS blade products in ...

Philip Morris’ revenue of $8.8 billion in Q1 was up 10% y-o-y. Heated Tobacco Unit shipment volume was up a solid 21%, oral products volume was up 36%, which more than offset a 0.4% decline in ...

IQOS is authorized by the U.S. Food and Drug Administration (FDA) as a modified risk tobacco product, which means the FDA has found it appropriate for the promotion of public health.

Philip Morris International began selling its IQOS heated tobacco device in Austin, Texas on Thursday for $60 a piece, an executive told Reuters, kicking off efforts by the world's largest ...

Philip Morris International (PMI) on Thursday unveiled a zero-tobacco stick for use with its "heat-not-burn" device IQOS, which may help the company avoid tax and other regulations that affect its ...

Altria to receive cash payments from Philip Morris International of approximately $2.7 billion in exchange for assigning exclusive U.S. commercialization rights to the IQOS system effective April ...

TOKYO — As IQOS Philippines approaches its fifth year, the company has made notable progress with its goal of shifting Filipino smokers toward smoke-free alternatives. IQOS, a heated tobacco ...