Philip Morris International submitted Premarket Tobacco Product Applications, PMTAs, and Modified Risk Tobacco Product Applications, MRTPAs, for IQOS ILUMA heated tobacco products with the FDA. A PMTA marketing order is required to commercialize any new tobacco product in the United States. The company is also seeking an order to market IQOS ILUMA products as modified risk products that reduce exposure to harmful, and potentially harmful chemicals, a claim authorized for previous versions of IQOS.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PM:
- Philip Morris management to meet with Oppenheimer
- Philip Morris price target lowered to $108 from $114 at Stifel
- Philip Morris (NYSE:PM) Posts Mixed Q3 Results; Boosts Outlook
- Philip Morris raises FY23 EPS view to $6.58-$6.61, consensus $5.98
- Options Volatility and Implied Earnings Moves Today, October 19, 2023
