HomeNewsBusinessNo Marlboros for UK, Philip Morris calls for ban on cigarettes

No Marlboros for UK, Philip Morris calls for ban on cigarettes

Earlier in July, Philip Morris made a 1.05 billion pounds ($1.44 billion) bid for British pharmaceutical company Vectura, which makes asthma inhalers.

July 26, 2021 / 09:31 IST
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In February, tPhilip Morris announced its goal to generate more than 50 percent of total net revenue from smoke-free products by 2025, and a target to generate at least $1 billion in net revenues by 2025 from "Beyond Nicotine" products. (AFP/Getty Images)
In February, tPhilip Morris announced its goal to generate more than 50 percent of total net revenue from smoke-free products by 2025, and a target to generate at least $1 billion in net revenues by 2025 from "Beyond Nicotine" products. (AFP/Getty Images)

Philip Morris International will stop selling Marlboro cigarettes in the UK within the next ten years, Chief Executive Officer Jacek Olczak said.

"I want to allow this company to leave smoking behind," Olczak told The Mail on Sunday.

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"I think in the UK, ten years from now maximum, you can completely solve the problem of smoking," he said.

If consumers do not stop smoking, the next best choice is to encourage a switch to less harmful alternatives, Olczak said.