LONDON, May 2 (Reuters) - Philip Morris International ( PM )
said on Friday it will launch its IQOS heated tobacco
device in Fort Lauderdale, Florida, the second U.S. city
targeted by the cigarette maker in its tentative steps towards a
national roll out.
PMI began selling IQOS, at the core of its efforts to
diversify revenue away from cigarette brands like Marlboro, in
Austin, Texas, in March. That kicked off efforts by the world's
largest tobacco company to build a market for the device in the
United States.
It hopes to ultimately capture a 10% share of U.S. tobacco
and heated tobacco unit volume by 2030 and build a substantial
base of new users in the world's top market for smoking
alternatives. But a national launch is not planned until
regulators authorise a newer version of the device for U.S.
sale.
Until then, PMI said it would launch in four cities across
two states. But until Friday, only Austin had been announced.
"The Fort Lauderdale region offers a dynamic blend of
culture and industry, and we're thrilled to introduce IQOS to
this community," said Stacey Kennedy, U.S. CEO, PMI.
The U.S. Food and Drug Administration is currently weighing
PMI's application to sell the latest version of IQOS. The agency
has already authorised PMI to sell the older device and market
it as reducing exposure to harmful chemicals versus cigarettes.
Campaign groups like tobacco industry watchdog STOP,
however, argue there is no clear, independent evidence that
heated tobacco devices are a better alternative to cigarettes
and that they have some harmful effects.
Campaigners wrote to the FDA last year to oppose PMI's
IQOS-related applications.
PMI said that in Florida around 3.31 million legal-age
consumers regularly use nicotine and that the majority of those
smoke.
Adults in Fort Lauderdale will be able to join a wait-list
to try IQOS before it becomes commercially available in the
city.