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.

Panic Buying Sweeps UK Market Ahead of Disposable Vape Ban, Popular Flavour Sales Surge 50%–100%
Panic Buying Sweeps UK Market Ahead of Disposable Vape Ban, Popular Flavour Sales Surge 50%–100%
Ahead of the UK's disposable vape ban, consumer stockpiling has emerged, with multiple online platforms reporting a 50% to 100% surge in sales of disposable devices—particularly in popular flavours. However, research shows that users aged 16 to 24 are increasingly shifting toward reusable devices, suggesting the ban may have limited impact on overall usage rates.
May.14 by 2FIRSTS.ai
U.S. FDA Unveils AI Tool Elsa for Clinical Review, Internal Writing, and Data Processing
U.S. FDA Unveils AI Tool Elsa for Clinical Review, Internal Writing, and Data Processing
The U.S. Food and Drug Administration has officially launched Elsa, a generative AI tool designed to speed up clinical reviews, internal writing, and data processing tasks. After successful pilots across multiple departments, Elsa is now being rolled out agency-wide.
Jun.04 by 2FIRSTS.ai
2Firsts’ CEO Analyzes the 2024 World Tobacco Development Report from Five Key Perspectives
2Firsts’ CEO Analyzes the 2024 World Tobacco Development Report from Five Key Perspectives
China Tobacco's authoritative report on global tobacco development in 2024 was analyzed by 2Firsts CEO Alan Zhao, shedding light on key trends.
May.29 by 2FIRSTS.ai
UK Retailers Urge Government Dialogue on Tobacco Bill Impact
UK Retailers Urge Government Dialogue on Tobacco Bill Impact
24 UK retailers urge government to discuss the harmful effects of Tobacco and Vapes Bill, concerned about potential closures.
Apr.21 by 2FIRSTS.han
Ispire Reports FY2025 Q3 Revenue Down 12.7% to $26.2M; Secures Temporary Nicotine Production License in Malaysia
Ispire Reports FY2025 Q3 Revenue Down 12.7% to $26.2M; Secures Temporary Nicotine Production License in Malaysia
Ispire’s FY2025 Q3 revenue fell 12.7% to $26.2 million, with net loss widening to $10.9 million. The company is shifting manufacturing to Malaysia, aiming to cut costs by $8 million annually, and has obtained a temporary nicotine production license. It also filed a blockchain-based PMTA component with the FDA and launched the Sprout™ cannabis device with Raw Garden to grow its presence in emerging markets.
May.13 by 2FIRSTS.ai
OXVA Launches Xlim SQ Pro 2 with 1.09-Inch Touchscreen and Six Built-In Tools
OXVA Launches Xlim SQ Pro 2 with 1.09-Inch Touchscreen and Six Built-In Tools
OXVA has introduced the Xlim SQ Pro 2, an open-system vaping device featuring a 1600mAh battery and a 1.09-inch HD touchscreen. The device is compatible with the full range of XLIM PODS cartridges and includes six built-in tools, such as a flashlight and stopwatch. The Xlim SQ Pro 2 is now available for online purchase in markets including the United Kingdom, Saudi Arabia, and Egypt.
May.09 by 2FIRSTS.ai