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Philips Delivers Strong Full-year Results; Agrees with FDA on Terms of Consent Decree Focused on Philips Respironics in the US

Philips Delivers Strong Full-year Results; Agrees with FDA on Terms of Consent Decree Focused on Philips Respironics in the US

  January 29, 2024 (Korea Bizwire) Delivers strong sales growth, improved profitability, and strong cash flow in 2023 through solid execution of first year of 2023-2025 plan Agrees with FDA on terms of consent decree focused on Philips Respironics in the US, providing clarity and a roadmap to demonstrate compliance and to restore the business [...]

Philips Completes Cancellation of 15.1 million Shares

Philips Completes Cancellation of 15.1 million Shares

December 19, 2023 — Amsterdam, the Netherlands (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 15,134,054 of its shares. The cancelled shares were acquired as part of the EUR 1.5 billion share repurchase program for capital reduction purposes that was announced on July 26, 2021. Philips will complete [...]

Philips Launches Ultra Lightweight and Flexible MR Smart Fit Coils to Improve Radiology Productivity and Diagnostic Confidence at #RSNA23

Philips Launches Ultra Lightweight and Flexible MR Smart Fit Coils to Improve Radiology Productivity and Diagnostic Confidence at #RSNA23

November 28, 2023 — Amsterdam, the Netherlands and Chicago, USA (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today launched three new fit for purpose MR Smart Fit coils at #RSNA23. RF coils are an essential part of every MRI scan. The new ultra-light weight coils provide exceptional flexibility, significant reduction in patient setup [...]

Philips Launches HealthSuite Imaging, a Cloud-based Next Generation of Vue PACS, with New AI-enabled Clinical and Operational Workflows at #RSNA23

Philips Launches HealthSuite Imaging, a Cloud-based Next Generation of Vue PACS, with New AI-enabled Clinical and Operational Workflows at #RSNA23

November 27, 2023 — Amsterdam, the Netherlands and Chicago, USA (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the expansion of its enterprise imaging portfolio and AI-enabled solutions at #RSNA23. Philips HealthSuite Imaging is a next generation cloud-based PACS enabling radiologists and clinicians to adopt new capabilities faster, help improve operational [...]

Philips Improves Workflow and Efficiency with Next Generation Ultrasound Systems EPIQ Elite and Affiniti at #RSNA23

Philips Improves Workflow and Efficiency with Next Generation Ultrasound Systems EPIQ Elite and Affiniti at #RSNA23

Improved imaging and advanced tools drive standardized workflow efficiency across multiple specialties Shared common interface and transducers let users move effortlessly between ultrasound systems for a more simplified user experience  November 27, 2023 — Amsterdam, the Netherlands and Chicago, USA (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today placed workflow [...]

Philips Showcases World’s First Mobile MRI system with Helium-free Operations at #RSNA23

Philips Showcases World’s First Mobile MRI system with Helium-free Operations at #RSNA23

BlueSeal MR Mobile’s unique magnet technology advances patient outcomes and access to care with high quality diagnostic imaging and enhanced workflows November 26, 2023 — Amsterdam, the Netherlands and Chicago, USA (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today showcases the world’s first mobile MRI system with helium-free operations [...]

Philips Launches New-AI Enabled Innovations at #RSNA23 that Free up Healthcare Providers to Focus on Patient Care

Philips Launches New-AI Enabled Innovations at #RSNA23 that Free up Healthcare Providers to Focus on Patient Care

New innovations help hospitals and health systems to consistently deliver accessible, high-quality care to patients in a sustainable way November 26, 2023 — Amsterdam, the Netherlands and Chicago, USA (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today puts patients and healthcare providers center-stage at #RSNA23, the world’s largest medical imaging [...]

Philips and County Durham and Darlington NHS Foundation Trust Collaborate on a Sustainability Blueprint to Reduce Carbon Emissions and Waste

Philips and County Durham and Darlington NHS Foundation Trust Collaborate on a Sustainability Blueprint to Reduce Carbon Emissions and Waste

November 2, 2023 ¶ Amsterdam, the Netherlands and Farnborough, UK, (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology and County Durham and Darlington NHS Foundation Trust (CDDFT), one of the largest integrated care providers in England, today announced the results of a comprehensive 360 sustainability analysis. The program identified key opportunities [...]

iFR and FFR Are Equally Safe to Diagnose and Treat Heart Disease According to Largest-ever Analysis of New Real-world, Long-term Data

iFR and FFR Are Equally Safe to Diagnose and Treat Heart Disease According to Largest-ever Analysis of New Real-world, Long-term Data

Safety of Philips’ iFR in the guidance of percutaneous coronary intervention (PCI) for heart disease demonstrated in late-breaking science at TCT 2023 highlighting patient-level outcomes analysis of 42,000 patients from the National Swedeheart Quality Registry Previous data demonstrate that iFR delivers consistent patient outcomes, reduces discomfort and offers a more cost-effective and faster diagnostic solution [...]

Philips Delivers Strong Sales Growth, Profitability And Cash Flow; Raises Full-year Outlook

Philips Delivers Strong Sales Growth, Profitability And Cash Flow; Raises Full-year Outlook

October 23, 2023 (Korea Bizwire) –  Third-quarter highlights Group sales increased 11% on a comparable basis to EUR 4.5 billion Income from operations at EUR 224 million, compared to a loss of EUR 1,529 million in Q3 2022 Adjusted EBITA increased to EUR 457 million, or 10.2% of sales, compared to EUR 209 million, or [...]