Tag: Philip Morris

  • PMI Partners IQOS with Devialet at Milan Design Week

    PMI Partners IQOS with Devialet at Milan Design Week

    Philip Morris International announced a collaboration between its IQOS heated tobacco brand and French audio company Devialet, featuring an exhibition at Milan Design Week 2026. The installation runs from April 20–27 and includes a co-branded limited-edition product pairing an IQOS device with Devialet earbuds.

    “The sound waves carry a signature rhythm – a pattern as unique as a fingerprint,” said Oggie Kapetanovic, president of the Heat Not Burn division at PMI. “Devialet’s sound waves turn emotion into shared experience; IQOS empowers self‑expression while connecting a community of over 35 million users.”

  • FDA Renews Modified Status for IQOS Products

    FDA Renews Modified Status for IQOS Products

    The U.S. Food and Drug Administration has renewed modified risk tobacco product (MRTP) orders for several Philip Morris International IQOS devices and HeatSticks consumables, allowing the company to continue marketing the products with reduced-exposure claims. The authorization covers two IQOS device systems and three HeatStick variants, with the FDA reaffirming that available scientific evidence supports claims that switching completely from cigarettes to IQOS can significantly reduce exposure to harmful chemicals.

    The products receiving modified risk granted orders are IQOS 2.4 system, IQOS 3.0 system, Marlboro Amber HeatSticks (previously Marlboro HeatSticks), Marlboro Green Menthol HeatSticks (previously Marlboro Smooth Menthol HeatSticks), and Marlboro Blue Menthol HeatSticks (previously Marlboro Fresh Menthol HeatSticks).

    The agency said its latest review found new data consistent with earlier findings from initial approvals granted between 2019 and 2022. Under the renewed orders, Philip Morris can state that the IQOS system heats rather than burns tobacco, resulting in lower production of harmful substances. However, the FDA emphasized that the designation does not mean the products are safe or approved, and it restricts the company from making broader health or risk-reduction claims beyond those explicitly authorized.

    The renewed MRTP status is subject to ongoing regulatory oversight, including requirements for postmarket surveillance to monitor consumer behavior and public health impact. The FDA retains the authority to withdraw the authorization if the products no longer demonstrate a net benefit to population health.

  • Altria Raises Cigarette Prices Across Most Brands

    Altria Raises Cigarette Prices Across Most Brands

    Altria increased prices across its portfolio earlier this week, including a roughly 20- to 25-cent per pack hike on Marlboro, 25 cents on Benson & Hedges, Merit, Parliament, and Virginia Slims, and a 20-cent increase on L&M cigarettes, according to a notice from Goldman Sachs. The company held pricing flat on its value-focused Basic brand. The price changes were the second increase this year, according to CSP.

    Goldman Sachs Managing Director Bonnie Herzog said the increases were unsurprising and followed Altria’s “typical quarterly cadence,” but that the increases were sharper than predicted. “We believe Altria’s sophisticated and targeted pricing strategies, as well as promotional spending, should help to offset the frequency of list price increases, especially for price-sensitive consumers,” Herzog said.

    Herzog also said she expected British American Tobacco to follow soon with a similar price increase on cigarettes, and that she would be watching to see whether deep-discount cigarette manufacturers also move on price. “If they don’t, the relative price gap could widen further,” Herzog was quoted by CSP, increasing the risk of downtrading, but Herzog said brands like Marlboro, with a loyal customer base, would likely be able to keep consumers within the franchise.

  • Illicit Cigarette Trade Surges in Latin America and Canada

    Illicit Cigarette Trade Surges in Latin America and Canada

    Illicit cigarettes accounted for 31.9% of total consumption across Latin America and Canada in 2025 — equivalent to 77 billion sticks — resulting in an estimated $8.5 billion in lost tax revenues, according to a report released by Philip Morris Products S.A. The study, conducted by KPMG LLP, examined the Region of the Americas (excluding the United States) and found that the region now has the highest global incidence of illicit tobacco, driven by steep tax increases and regulatory pressures that have pushed consumers toward cheaper illegal products.

    The findings highlight growing fiscal, public health, and enforcement challenges, with markets such as Brazil, Panama, and Ecuador particularly affected, underscoring calls for more balanced regulation and stronger anti-illicit trade measures. Brazil has the region’s largest illicit market with 41.8 billion illicit cigarettes, while illicit cigarettes make up 89% of Panama’s market and 84% of Ecuador’s.

  • PMI Hosting Q1 Webcast April 22

    PMI Hosting Q1 Webcast April 22

    Philip Morris International Inc. announced it will host a live audio webcast on Wednesday, April 22, at 9 a.m. ET, to discuss its 2026 First-Quarter financial results, which will be issued approximately two hours earlier. The webcast can be accessed here.

    The webcast will be hosted by Emmanuel Babeau, Group Chief Financial Officer, and will include discussion of PMI’s financial results and a Q&A session with the investment community.

    The webcast may also be accessed on mobile devices by downloading PMI’s Investor Relations App at www.pmi.com/irapp. The webcast recording and the slides and script will be available here. The webcast will be in a listen-only mode, and a recording will be available for one year after the event.

  • New “Forgotten Smoker” White Paper from PMI U.S. Warns That America Didn’t End Smoking; It Just Moved On—and 8 in 10 Americans Surveyed Demand a Better Approach

    New “Forgotten Smoker” White Paper from PMI U.S. Warns That America Didn’t End Smoking; It Just Moved On—and 8 in 10 Americans Surveyed Demand a Better Approach

    PRESS RELEASE

    The paper calls for immediate steps to make cigarette smoking a public health priority in the U.S. and to better understand adult smokers, who feel judged, ignored, and left behind

    WASHINGTON, DC – America likes to believe it has solved the problem of smoking. It hasn’t. Results of a new national survey, released today, show that 79% of Americans say more must be done to combat smoking-related harm. Philip Morris International’s U.S. business (PMI U.S.) agrees, as detailed in The Forgotten Smoker: Modern Solutions to America’s Oldest Public Health Challenge. This white paper makes the case for policymakers, public health authorities, and medical professionals to recenter cigarette smoking as a public health priority.

    The paper (and its accompanying website) offers a set of practical, evidence-based policy recommendations to help reduce smoking-related harm, counter misinformation, and expand access to regulated, FDA-authorized alternatives for legal-age adults who smoke. It describes today’s “forgotten smokers,” who are more likely to be disconnected from standard anti-smoking campaigns.

    The paper also highlights widespread misperceptions that discourage adults who smoke from considering the less harmful, FDA-authorized, smoke-free alternatives now on the market.

    “We continue to be encouraged by the declining smoking rates in the U.S.; however, millions of our neighbors, co-workers, and family members are still facing real health risks from cigarettes,” said Stacey Kennedy, Chief Executive Officer of PMI U.S. “The Forgotten Smoker calls for a renewed public health focus on adults who smoke by addressing misinformation, recognizing the varying levels of health risk across combustible and noncombustible products, and expanding access to FDA-authorized nicotine alternatives—while helping prevent youth tobacco use.”

    Recommendations from the white paper include:

    • Meet adults who smoke where they are: 52 percent of adult smokers surveyed feel discriminated against. It is time to treat cigarette smoking as a persistent public health challenge—not a moral failing—and invest in strategies that work for longtime, highly dependent adults who smoke.
    • Let the science lead: Misperceptions about nicotine and the role of combustion in smoking-related disease impede progress. Public and medical understanding of the science behind tobacco harm reduction is essential—and long overdue.
    • Expand access to FDA-authorized smoke-free alternatives: Despite recent progress, there remains a backlog of smoke-free product applications at the FDA. Adults who smoke deserve access to the science-based, smoke-free options still awaiting FDA review. Authorization of new products must coincide with the agency’s continued youth access prevention and enhanced enforcement against illicit products.
    • Combat nicotine misinformation: To accelerate progress, the FDA should clearly communicate, especially to medical professionals, which products it has authorized and what the science says about their relative risk profiles, so adults who smoke can make informed choices.
    • Implement risk-based taxation: Tobacco taxes are the most regressive in the country. Tax policy should be structured to discourage use of the most harmful products (combustible cigarettes) and encourage adult smokers to switch to lower-risk alternatives. Price is a powerful lever of persuasion.

    “The FDA has recognized that tobacco and nicotine products exist on a continuum of risk—but too often that science hasn’t trickled down to the people who interact with smokers every day, including medical professionals,” said Keagan Lenihan, Chief External Affairs Officer, PMI U.S. “If we’re serious about ending cigarette smoking, the leading cause of preventable death in the U.S., we need the FDA to assess and authorize better alternatives to combustible cigarettes in a timely fashion and take a leading role in educating healthcare providers, policymakers, and the public about tobacco harm reduction and the role smoke-free products can play. This is how we will move this issue out of the shadows and solve it once and for all.”

    Povaddo, an independent research firm, conducted the national online survey among 2,000 U.S. adults (aged 21+) between February 27 and March 10, 2026. PMI U.S. commissioned the survey.

    Topline findings point to a stubborn barrier: confusion about nicotine and the relative risks of combustible versus noncombustible products, as well as strong support for action:

    • 52% of adults surveyed incorrectly believe nicotine directly causes cancer.
    • Confirming the prevalence of misinformation in this arena, 73% mistakenly believe all tobacco and nicotine products are equally harmful to the user, while 70% believe they all pose the same risk to public health.
    • 53% agree that adults who still smoke should be encouraged to switch from cigarettes to smoke-free nicotine alternatives.
    • 81% say it is important for public health agencies like the FDA to provide scientifically substantiated information about the relative harms of tobacco and nicotine products.
    • 63% agree that FDA reform is needed to keep pace with newer smoke-free products.

    PMI U.S.: Invested in America

    Philip Morris International Inc.’s U.S. businesses are invested in America’s future and advancing a smoke-free nation. The businesses are committed to providing the approximately 30 million legal-age consumers who smoke cigarettes with better, smoke-free alternatives and to ensuring the products are marketed responsibly. From PMI’s global headquarters in Stamford, Connecticut, and other locations.

  • PM Urges Court to Uphold FDA Graphic Rule Ruling  

    PM Urges Court to Uphold FDA Graphic Rule Ruling  

    Philip Morris USA asked the U.S. Court of Appeals for the Eleventh Circuit to affirm a lower court decision vacating a U.S. Food and Drug Administration rule that would have required graphic health warnings on cigarette packaging. The company argued that the district court correctly found the FDA failed to follow required administrative procedures when developing the rule. According to Law 360, the appeal centers on whether the agency’s rulemaking process complied with federal standards, after the district court struck down the regulation on procedural grounds.

  • PMI Principal Partner of Ferrari Hypersail Racing Project

    PMI Principal Partner of Ferrari Hypersail Racing Project

    Philip Morris International has been announced as the principal partner of Ferrari Hypersail, a new offshore racing initiative led by Ferrari that applies Formula 1–grade engineering to a 30-meter full-foiling monohull designed for renewable-energy-powered ocean racing. The project, scheduled for launch and sea trials in 2026, is positioned as a platform for cross-industry innovation in aerodynamics, energy efficiency, and advanced control systems.

    PMI CEO Jacek Olczak linked the partnership to the company’s science-driven, smoke-free technology strategy, while Ferrari CEO Benedetto Vigna described Hypersail as a real-world testing ground for extreme-condition innovation. PMI will also debut an updated visual identity on the vessel, marking the first external use of its new branding.

  • PMI to Double Zyn Investment in Ukraine

    PMI to Double Zyn Investment in Ukraine

    Philip Morris International said it plans to invest $10 million in 2026 to expand the nicotine pouch category in Ukraine and launch a new line of Zyn, following a $5 million investment in 2025. According to Interfax Ukraine, the company said funds will support portfolio expansion, infrastructure, and adult consumer awareness. The new “dry” pouches contain no water or glycerin, are smaller, less flavored, and range from 1.5 mg to 6 mg nicotine across nine SKUs. Initial supply will be imported from Sweden.

    The company estimates nicotine pouches in Ukraine could grow 20% annually. PMI cited Zyn’s U.S. marketing authorization from the U.S. Food and Drug Administration as supporting further investment. PMI reported that smoke-free products were available in 105 markets at the end of 2025, used by 43 million adult consumers, and accounted for 41.5% of net revenue.

  • RJR Seeks to Block Lawyer’s Live Testimony in Altria Dispute

    RJR Seeks to Block Lawyer’s Live Testimony in Altria Dispute

    R.J. Reynolds Vapor Co. asked a North Carolina court to quash a trial subpoena that would require one of its in-house attorneys to testify in person at an evidentiary hearing in an ongoing royalty dispute with Altria Group. The company argues that a previously recorded deposition of the attorney should suffice, saying live testimony would be unnecessary and burdensome.

    The dispute centers on royalty obligations tied to vaping technology and agreements between the rival firms. Reynolds maintains that compelling its lawyer to appear would intrude on privileged matters and exceed what is needed for the court to assess the evidentiary issues. The matter is before a judge in North Carolina, who will decide whether the deposition recording can replace in-court testimony.

    Source: Law 360 (pay)