LONDON, March 27 (Reuters) - Philip Morris International ( PM )
officially launched IQOS in Austin, Texas, on Thursday,
kicking off efforts by the world's largest cigarette maker to
build a market for its flagship heated tobacco device in the
United States.
PMI hopes to 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.
Reuters reported in April that PMI was preparing for an
Austin launch of IQOS, the top-selling heated tobacco device
globally, but it has so far not been widely available to
consumers.
PMI said on Thursday that after a successful pilot it was
now offering IQOS to smoking-age Austin residents and would host
demonstrations and guided trials for adults at the Austin MotoGP
Red Bull Grand Prix of the Americas to showcase the product.
IQOS will be available at select mobile locations and
through "IQOS coaches" beginning Thursday, it continued, and
available for online purchase in late April.
Spokespeople for PMI did not immediately share information
on pricing.
PMI previously said it would launch IQOS in four cities in
two U.S. states, but so far only the Austin launch has been
announced.
It is pursuing a limited U.S. roll-out of an older version
of the IQOS device while waiting for authorisation to sell the
latest iteration, dubbed ILUMA, in the country.
The U.S. Food and Drug Administration is currently weighing
PMI's ILUMA application. The FDA has already authorised PMI to
sell the older device and market it as reducing exposure to
harmful chemicals versus cigarettes.
Campaigners wrote to the FDA last year to oppose PMI's
IQOS-related applications, alleging the company had violated
previous FDA orders. PMI disputed this.