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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Philip Morris International Inc | NYSE:PM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.99 | 2.10% | 96.93 | 97.00 | 94.6304 | 94.64 | 2,593,129 | 19:39:55 |
From May 2023 to May 2024
By Ben Glickman
Philip Morris International has applied to commercialize a new line of cigarette alternatives which use heated tobacco.
The Stamford, Conn.-based tobacco company said Friday it had submitted Premarket Tobacco Product Applications and Modified Risk Tobacco Product Applications for its IQOS Iluma product to the Food and Drug Administration
The premarket application is required before selling any new tobacco product in the U.S. The modified risk application, meanwhile, certifies that the new product reduces exposure to harmful chemicals.
The IQOS Iluma products heat up tobacco, but don't burn it.
Previous versions of the IQOS line of products were authorized for sale. The company said Iluma products are already available in 27 markets around the world.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
October 20, 2023 16:29 ET (20:29 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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