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Philips demonstrates innovation power, topping European Patent Office Medtech filings in 2024

Philips demonstrates innovation power, topping European Patent Office Medtech filings in 2024

March 25, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that in 2024 it was the leading applicant in the field of medical technology at the European Patent Office (EPO), filing 594 Medtech patent applications. This achievement underscores the company’s ongoing dedication to transforming healthcare delivery by integrating [...]

Philips proposes new Supervisory Board appointments and reappointments, and Board of Management reappointment

Philips proposes new Supervisory Board appointments and reappointments, and Board of Management reappointment

Mr David Pyott to retire from Philips’ Supervisory Board after his third consecutive term. Mr Bob White proposed as new member of the Supervisory Board. Ms Indra Nooyi and Ms Chua Sock Koong proposed for reappointment as members of the Supervisory Board. Mr Marnix van Ginneken proposed for reappointment as member of Philips’ Board of [...]

Philips aims to advance cardiac MRI technology through AI-driven research

Philips aims to advance cardiac MRI technology through AI-driven research

December 3, 2024 Collaboration intends to leverage proprietary AI technology from Philips and Mayo Clinic to target breakthroughs in ease-of-use and efficiency to bring high-quality diagnostic MRI and better care to more patients with heart disease Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA) and Mayo Clinic today announced a research collaboration aimed at advancing [...]

Philips optimizes CT workflows with in-house AI, launches CT 5300 in North America at #RSNA2024

Philips optimizes CT workflows with in-house AI, launches CT 5300 in North America at #RSNA2024

December 1, 2024 Philips CT 5300 combines innovative hardware, software, and artificial intelligence to make high-quality screening, diagnostic, and interventional imaging accessible to more patients, including reading support with Automated AI-enabled Philips Advanced Visualization Workspace applications Philips collaborates with Annalise.ai to evaluate streamlining workflows to prioritize time-sensitive cases Amsterdam, the Netherlands and Chicago, USA – Royal [...]

Better care for more people: Philips innovates in AI-enabled imaging and cloud-based informatics at #RSNA24

Better care for more people: Philips innovates in AI-enabled imaging and cloud-based informatics at #RSNA24

December 1, 2024 Philips’ intelligent diagnostic and treatment solutions, combined with its advanced capabilities in healthcare informatics, uniquely position the company to drive precision imaging for a greater number of patients Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today unveiled the company’s latest AI-powered diagnostic [...]

Philips and AWS expand strategic collaboration to advance HealthSuite cloud services and power generative AI workflows

Philips and AWS expand strategic collaboration to advance HealthSuite cloud services and power generative AI workflows

November 26, 2024 Cloud-enabled integrated diagnostics portfolio aims to unify workflows, improve access to critical insights, and drive better outcomes for patients Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the expansion of its strategic collaboration with Amazon Web Services (AWS) to offer Philips’ integrated diagnostics portfolio [...]

Philips and icometrix advance precision diagnosis in neurology with innovative AI-based imaging solutions at #RSNA24

Philips and icometrix advance precision diagnosis in neurology with innovative AI-based imaging solutions at #RSNA24

November 25, 2024 icometrix’ FDA-cleared quantitative brain solution for neurological conditions including Alzheimer’s and multiple sclerosis is seamlessly integrated into Philips next generation BlueSeal MR scanners, and will be deployed in its comprehensive informatics platform Amsterdam, the Netherlands and Leuven, Belgium – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and computer-aided diagnostics [...]

Philips enrolls first patient in U.S. clinical trial for innovative integrated single-device to treat peripheral artery disease

Philips enrolls first patient in U.S. clinical trial for innovative integrated single-device to treat peripheral artery disease

With a unique world-first ability to perform laser atherectomy and laser-based intravascular lithotripsy using a single device, Philips takes a major step forward in the treatment of peripheral artery disease (PAD) Cardiovascular Institute of the South successfully treats first patient in the U.S. using Philips’ innovative laser system, marking a milestone in advancing personalized care [...]

Philips delivers strong margin improvement; flat comparable sales due to further deteriorated demand in China; growth in rest of world

Philips delivers strong margin improvement; flat comparable sales due to further deteriorated demand in China; growth in rest of world

October 28, 2024 Third-quarter highlights Group sales amounted to EUR 4.4 billion, with flat comparable sales growth Income from operations was EUR 337 million Adjusted EBITA margin increased by 160 basis points from 10.2% to 11.8% of sales Operating cashflow of EUR 192 million, with a free cashflow of EUR 22 million Comparable order intake [...]