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 ...

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’ 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 ...

Philip Morris International (PMI) on Thursday signalled a slower than anticipated U.S. roll out of its IQOS heated tobacco device, a choice analysts said was positive for its competitors in the ...

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 Inc. (NYSE: PM) Q1 2023 Earnings Conference Call April 20, 2023 9:00 AM ET Company Participants James Bushnell - Vice President of Investor Relations and Financial ...

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 ...

"BONDS by IQOS represents another step forward in our ambition to replace cigarettes with innovative, science-based, smoke-free alternatives," said Jacek Olczak, Chief Executive Officer at PMI.

Then the IQOS was banned from being imported into the U.S. because it violated British American Tobacco 's (BTI 2.15%) patents. That combination all but knocked Altria out of the e-cig market.

Philip Morris International Inc. PM -0.80% raised its offer for Swedish Match AB by 9.4% and has agreed to pay $2.7 billion to regain the U.S. rights for its IQOS heated tobacco products from ...

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 ...