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Health Technology Leader Philips on Track with its Environmental, Social, and Governance Commitments

Health Technology Leader Philips on Track with its Environmental, Social, and Governance Commitments

Amsterdam, the Netherlands, Feb. 22 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on its key Environmental, Social, and Governance (ESG) achievements in 2021 as it continues to deliver innovative health technology solutions around the world. These 2021 ESG achievements include 1.7 billion lives improved by [...]

Philips Enterprise Viewer – Vue Motion – Vendor Neutral Image Viewer and Philips EMR Tasy Electronic Medical Record Win ‘Best in KLAS’ Awards

Philips Enterprise Viewer – Vue Motion – Vendor Neutral Image Viewer and Philips EMR Tasy Electronic Medical Record Win ‘Best in KLAS’ Awards

Amsterdam, the Netherlands, Feb. 17 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced its vendor neutral image viewer Philips Enterprise Viewer – Vue Motion – has won KLAS Research’s ‘2022 Best in KLAS Universal Viewer (Imaging)’ award. This marks the fifth consecutive year that Philips’ zero-footprint, enterprise-wide viewer [...]

Philips Expands Access to Hemodynamics at Point-of-care for Real-time Blood Flow Assessment on Handheld Ultrasound – Lumify

Philips Expands Access to Hemodynamics at Point-of-care for Real-time Blood Flow Assessment on Handheld Ultrasound – Lumify

Amsterdam, the Netherlands, Feb. 9 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced it has expanded its ultrasound portfolio with advanced hemodynamic assessment and measurement capabilities on its handheld point-of-care ultrasound – Lumify. With the addition of Pulse Wave Doppler [1], Philips has greatly expanded the utility of [...]

Philips and University Hospital Brandenburg an der Havel Sign 10-year Partnership to Advance Patient Care

Philips and University Hospital Brandenburg an der Havel Sign 10-year Partnership to Advance Patient Care

Amsterdam, the Netherlands, Jan. 28 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and the University Hospital Brandenburg an der Havel (Brandenburg, Germany) have signed a 10-year strategic partnership to renew and expand the hospital’s diagnostic and therapy options through the delivery of advanced technology solutions. The approximately EUR 18 [...]

Philips Introduces First At-home, 12-lead ECG Integrated Solution for Decentralized Clinical Trials

Philips Introduces First At-home, 12-lead ECG Integrated Solution for Decentralized Clinical Trials

Amsterdam, the Netherlands, Jan. 26 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the introduction of the industry’s first full-service, at-home, 12-lead electrocardiogram (ECG) solution for use in decentralized clinical trials. The clinical-grade solution is the most advanced patient-centric ECG offering within the company’s cardiac monitoring portfolio, pairing data [...]

Philips Delivers Q4 Sales of EUR 4.9 Billion and Income from Continuing Operations of EUR 139 Million; Adjusted EBITA Margin Amounts to 13.1%, Operating Cash Flow is EUR 720 Million; Good Demand Drives Mid-single-digit Order Intake Growth

Philips Delivers Q4 Sales of EUR 4.9 Billion and Income from Continuing Operations of EUR 139 Million; Adjusted EBITA Margin Amounts to 13.1%, Operating Cash Flow is EUR 720 Million; Good Demand Drives Mid-single-digit Order Intake Growth

Fourth-quarter highlights Group sales amounted to EUR 4.9 billion, with a 10% comparable sales decline Comparable order intake increased 4%, driven by double-digit growth in the Diagnosis & Treatment businesses Income from continuing operations amounted to EUR 139 million and included an impact of EUR 220 million related to the addition to the Respironics field [...]

Philips Integrates Cloud-based AI and 3D Mapping into its Mobile C-arm System Series – Zenition – to Enhance Workflow Efficiency and Improve Endovascular Treatment Outcomes

Philips Integrates Cloud-based AI and 3D Mapping into its Mobile C-arm System Series – Zenition – to Enhance Workflow Efficiency and Improve Endovascular Treatment Outcomes

Amsterdam, the Netherlands, Jan. 18 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced physicians will now have access to advanced new 3D image guidance capabilities through its Image-Guided Therapy Mobile C-arm System – Zenition, delivering enhanced clinical accuracy and efficiency, and aiming to improve the outcomes for patients undergoing [...]

Philips Provides Update on its Financial Performance in Q4 2021

Philips Provides Update on its Financial Performance in Q4 2021

Amsterdam, the Netherlands, Jan. 12 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on the fourth-quarter 2021 and full-year 2021 financial results. Group sales for the quarter are expected to be approximately EUR 4.9 billion, which is around EUR 350 million lower than Philips’ earlier expectations. [...]

Philips Completes Cancellation of 33.5 Million Shares

Philips Completes Cancellation of 33.5 Million Shares

Amsterdam, the Netherlands, Dec. 29 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 33.5 million of its shares. Philips’ current issued share capital amounts to EUR 176,779,793.80 representing 883,898,969 common shares. The cancelled shares include 20.5 million shares acquired under the EUR 1.5 billion share repurchase program* [...]