Cigarettes moves along a machine during the assembly process at the Philip Morris International’s Coltabaco facility in Medellin, Colombia. Photo: Bloomberg
Philip Morris scours China start-ups for technology to replicate IQOS system in medical field
- The investing arm of Marlboro maker is seeking to invest in inhalation technology for potential applications in medical field
- IQOS heating system shares similar technology that can be useful vehicle for botanical medicine
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Venture capital market
Cigarettes moves along a machine during the assembly process at the Philip Morris International’s Coltabaco facility in Medellin, Colombia. Photo: Bloomberg