Philip Morris is putting out a new product that's somewhere between a regular cigarette and an electronic one. Here's what we found.

E-cigarettes using liquid nicotine are not allowed in Japan, meaning heat-not-burn devices such as IQOS have less competition from vaping devices.

Notably, e-cigarettes make use of nicotine-laced liquid, while Philip Morris’ IQOS smokeless cigarette looks a lot like a second generation vaporizer that uses actual tobacco in the shape of ...

Altria Group (NYSE:MO +2.4%) announces that the FDA authorized the sale of the IQOS heated tobacco system in the U.S.

The panel did agree with the company’s proposed claim that switching completely from smoking cigarettes to using IQOS reduces the body’s exposure to harmful chemicals.

The panel did agree with the company’s proposed claim that switching completely from smoking cigarettes to using IQOS reduces the body’s exposure to harmful chemicals.

News that Philip Morris International (PM 0.56%) was awarded a reduced-risk label for its IQOS heated tobacco device indicates Altria (MO 0.40%) was smart to have a backup plan in place for the ...

Losing the IQOS agreement certainly stings, but it was not unexpected, and the $2.7 billion payment is an acceptable salve.