Philip Morris Hong Kong & Macau Announces U.S Food and Drug Administration Authorisation for the sale of IQOS in the United States

(Press Statement)
Philip Morris Hong Kong & Macau Announces U.S. Food and Drug Administration Authorisation for the sale of IQOS in the United States
[HONG KONG – 1 MAY, 2019] Yesterday, the U.S. Food and Drug Administration (FDA) authorized IQOS, an electrically heated tobacco system made by Philip Morris International, to be sold in the United States.
Brett Cooper, General Manager of Philip Morris Hong Kong and Macau said, referring to the US FDA press release on 30 April, 2019 [1], “We welcome their decision that authorises IQOS for sale in the U.S. market and encourage everyone, including the Hong Kong Government, to read the US FDA’s statement and follow their example.”
He added that the order sets out clear commercialisation guidelines for the US, including marketing requirements, that maximise the opportunity for adults to switch from cigarettes, while minimising unintended use.
He said, “Given Hong Kong’s approach to pragmatic and evidence based regulation, this decision by the US FDA should be used as a key benchmark of what the Government should do in Hong Kong and that our new products can be regulated here in Hong Kong and made available only for adult smokers while preventing youth access.”
Attached please find a press statement issued by Philip Morris International in New York on 30, April, 2019.
[1] https://www.fda.gov/news-events/press-announcements/fda-permits-sale-iqos-tobacco-heating-system-through-premarket-tobacco-product-application-pathway
– End –

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

How to Invest in the Cannabis Industry

How to Invest in the Cannabis Industry

Despite cannabis (also known as weed or marijuana) being illegal in a large part of the world, the global cannabis market was worth US$28.26 billion in 2021 and is expected to grow to US$197.74 billion by 2028. Gone are the days when venture capital firms would dismiss cannabis companies as problematic investments.

Why Crypto Markets Crash and 5 Ways Investors Can Deal

Why Crypto Markets Crash and 5 Ways Investors Can Deal

With more and more people holding cryptocurrencies today, the crypto crash of May 2022 has had severe financial consequences. Reliable currencies, including Bitcoin and Ether, met a terrible fate, as did stablecoins, amounting to losses of over US$300 billion.

How Lemi Is Helping Small Businesses Reach Their Customers

How Lemi Is Helping Small Businesses Reach Their Customers

Starting a business isn’t easy. From finding raw materials and making your products to actually reaching the right customer base, everything takes a lot of time and energy. Even though this process is so hard, a lot of people venture out and start their own businesses, so much so that small business enterprises (SMEs) make up 90% of the world’s businesses.

What Is CateCoin and Is It Legit

What Is CateCoin and Is It Legit?

At a time when meme coins, like Dogecoin and Shiba Inu, are enjoying immense popularity, another cryptocurrency has been laying the groundwork to compete with them: CateCoin.