Tobacco giant Philip Morris International Inc. says vaping fears in U.S. should give a boost to the recent launch of its IQOS smoking alternative. IQOS, a device that heats tobacco sticks but doesn’t burn them, is already sold in dozens of other countries. It went on sale in the U.S. last month. After a review, the Food and Drug Administration said earlier this year that it would allow Philip Morris and its partner Altria Group Inc. to market IQOS to adult smokers.

Source: Wall Street Journal October 17, 2019 12:45 UTC