PMI CEO Talks Pragmatic Approach to Smoking Cessation Plan

Oct.18.2022
PMI CEO Talks Pragmatic Approach to Smoking Cessation Plan
PMI executive emphasizes practicality of smoking cessation plans, recommends e-cigarettes and heated tobacco as better alternatives. Plans to expand into healthcare.

Given that Greece is still one of the countries with the highest smoking rates worldwide, Olzak emphasized the need for a practical smoking cessation plan. He emphasized that e-cigarettes and heated tobacco products align with this approach.


As cited by Ekathimerini, he did acknowledge that these products "are not without risk and can be addictive," but he rightly added that they are a "better choice" compared to continuing to smoke and using traditional cigarettes. Of course, numerous studies have already proven this point.


BAT, a competitor of PMI, conducted a randomized controlled study, titled "Exploring the Continuity of Smoking Cessation-Related Exposure When Smokers Switch to Heated Tobacco Products or E-Cigarettes among Healthy Participants", aimed at understanding the risks associated with using e-cigarettes. Researchers tracked a total of 148 healthy smokers who were randomly assigned to either continue smoking, switch to BAT's Glo HTP or prototype EC, or quit smoking completely for 5 days after a baseline period of 2 days. The researchers continued to collect respiratory and 24-hour urine samples for analysis of exposure biomarkers (BoE).


According to compiled data, after a conversion period of five days, the level of the Bank of England using Glo or prototype EC has significantly declined compared to the baseline. Consistent with previous research results, researchers found that among those exposed to a continuous spectrum, the BoE levels were lowest in non-smokers who completely quit nicotine, followed by those who switched to EC, and then those who switched to Glo.


Especially for heated tobacco product IQOS, which is used by 21 million people worldwide and 360,000 people in Greece, harmful chemical levels have been reduced by up to 95% on average.


Meanwhile, when asked about PMI's plans to expand into the health and healthcare sectors, Olzak stated that it is a natural evolution for tobacco companies. "This is a natural evolution for PMI to further transform our business into a broader lifestyle, consumer health, and healthcare company in the future. This evolution not only fulfills our commitment to achieving a smoke-free future, but also enables the development and commercialization of scientifically proven products and solutions to meet unmet consumer and patient needs.


He added that the market is already prepared for these changes. "The market for health and wellness products is huge and continually growing. We have several key areas in our pipeline. For consumer and over-the-counter healthcare products, we have initiatives focused on attention, sleep, energy, pain, and calmness. In the healthcare field, we believe there is still unmet demand for fast and effective treatment of cardiovascular diseases such as heart attacks, and neurological conditions such as migraines can be addressed through innovative solutions. We have recently accelerated this part of our strategy through the acquisition of innovators in inhalation delivery solutions provider Vectura and leading developer and manufacturer of innovative drugs and health products based on oral and buccal delivery systems Fertin," said Orzack.


According to Alzack, in addition to current efforts to prevent people from starting smoking and to help them quit, providing smokeless alternatives for consenting adults who choose to continue smoking can also have a positive impact on public health. In this context, he is calling on authorities, policy makers, and public health organizations to take appropriate action.


Statement:


This article compiles information obtained from third-party sources for the purpose of industry exchange and learning.


This article does not represent the views of 2FIRSTS, and 2FIRSTS cannot confirm the truthfulness or accuracy of the article's content. The translation of this article is only intended for industry communication and research.


Due to limitations in the translation process, the translated article may not fully express the same meaning as the original. Please refer to the original text for accuracy.


In regards to any domestic, Hong Kong, Macao, Taiwan, or foreign affairs, 2FIRSTS maintains complete alignment with the Chinese government.


The copyright of the compiled information belongs to the original media and authors. If there is any infringement, please contact us for deletion.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

US FDA releases MRTP renewal application materials for IQOS heated tobacco product and will hold an expert meeting in October
US FDA releases MRTP renewal application materials for IQOS heated tobacco product and will hold an expert meeting in October
New materials related to Philip Morris Products' MRTP renewal application have been submitted to the FDA for review.
Sep.26 by 2FIRSTS.ai
China Tobacco Accelerates Global Cigar Expansion as CTIHK Becomes Unified Export Platform
China Tobacco Accelerates Global Cigar Expansion as CTIHK Becomes Unified Export Platform
After decades of dominance by Cuban and non-Cuban cigars, a new contender is emerging from the East. China Tobacco International (HK) has consolidated the country’s top four cigar brands under one global export platform — a move that could redefine how the world perceives “Chinese cigars.”
Nov.11
SKE’s Parent Company Yinghe Technology Reports 80% Drop in Q3 Net Profit, Revenue Up 22.85% Year-on-Year
SKE’s Parent Company Yinghe Technology Reports 80% Drop in Q3 Net Profit, Revenue Up 22.85% Year-on-Year
Yinghe Technology (SZ: 300457), parent company of SKE, saw Q3 net profit plunge 80.3% to 31.06 million yuan, while revenue rose 22.85% to 2.52 billion yuan. The decline was mainly driven by higher costs and expenses.
Oct.28 by 2FIRSTS.ai
Kyrgyzstan considers six-month ban on e-cigarette and e-cigarettee-liquid imports
Kyrgyzstan considers six-month ban on e-cigarette and e-cigarettee-liquid imports
According to Kyrgyz media, the Ministry of Economy and Commerce has launched a public discussion on a draft decree proposing a six-month ban on the import of e-cigarettes and nicotine-containing liquids. The measure, based on Article 15-1 of the Law “On Protecting Citizens’ Health from the Consequences of Tobacco and Nicotine Use,” aims to safeguard public health and prevent youth nicotine addiction.
Nov.12 by 2FIRSTS.ai
Joint law enforcement in Johor Bahru, Malaysia, seized 1,997 e-cigarette products and investigated eight violations
Joint law enforcement in Johor Bahru, Malaysia, seized 1,997 e-cigarette products and investigated eight violations
On September 27, the Johor State Health Department (JKNJ) and the Johor Bahru City Hall (MBJB) conducted a joint enforcement operation at a shopping mall in Johor Bahru, seizing 1,997 e-cigarette products. Ling Tianshun, Chairman of the Johor State Health and Environment Committee, reiterated that Johor has officially banned e-cigarettes since 2016 and will not issue sales licenses. He also warned businesses not to sell e-cigarettes.
Sep.29 by 2FIRSTS.ai
U.S. Chicago CBP Seizes $358,000 Worth of Illegal Vapes
U.S. Chicago CBP Seizes $358,000 Worth of Illegal Vapes
U.S. Customs and Border Protection (CBP) officers in Chicago seized 43,200 illicit vaping products valued at over $358,000 for violating the Federal Food, Drug, and Cosmetic Act. The shipment originated from China and was destined for Mississippi.
Nov.07 by 2FIRSTS.ai