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Philips Expands its Home Care Portfolio for COPD Patients with First-of-its-kind Non-invasive Ventilator

Amsterdam, the Netherlands, Nov. 4 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the launch of Philips Ventilator BiPAP A40 EFL. With the introduction of this non-invasive ventilator, Philips extends its homecare solutions with a new ventilation therapy feature for chronic obstructive pulmonary disease (COPD) patients to breathe easier. Now, pulmonologists [...]

Philips Empowers Medical Image Access for Over 5,000 Clinicians in the Region of Southern Denmark

Amsterdam, The Netherlands, Oct. 26 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the completion of a regional informatics project that consolidates radiology and nuclear medicine imaging data. The Region of Southern Denmark now has a single system for storing, retrieving, and viewing clinical images across all the [...]

Philips to Nominate Mrs. Indra Nooyi as Member of the Supervisory Board

Amsterdam, the Netherlands, Oct. 26 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it will propose the appointment of Mrs. Indra Nooyi as a new member of the Supervisory Board to the Annual General Meeting of Shareholders (AGM), which will be held on May 6, 2021. “We [...]

Philips and Singapore General Hospital (SGH) to Establish Digital and Computational Pathology Center of Excellence

Amsterdam, the Netherlands, Oct. 23 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced a collaboration with Singapore General Hospital (SGH) to establish the Singapore General Hospital Digital and Computational Pathology Center of Excellence. The SGH Center of Excellence aims to advance pathology practice by implementing a fully digital [...]

Philips Showcases Integrated Radiation Oncology Solutions to Streamline Diagnosis and Treatment at ASTRO 2020

Amsterdam, The Netherlands, Oct. 22 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, will showcase its latest advances in radiation oncology at the American Society for Radiation Oncology (ASTRO) annual meeting (October 24-28). During the virtual event, Philips will showcase its comprehensive portfolio of integrated radiation oncology systems and AI‐powered software that helps radiation [...]

SimonMed Imaging Partners with Philips to Deploy New Diagnostic Imaging Technology to Advance Radiology Workflow Performance

Amsterdam, the Netherlands, Oct. 21 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that SimonMed Imaging, one of the largest outpatient imaging providers in the U.S., will bring the most advanced 3T MRI Philips technology to its centers of excellence across the U.S. The first MR systems, placed in [...]

Philips and Marienhospital Stuttgart Sign 10-year Strategic Partnership to Improve Patient Care and Efficiency

Amsterdam, the Netherlands and Stuttgart, Germany, Oct. 21 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Marienhospital Stuttgart (Germany) today signed a 10-year strategic partnership agreement to expand world-class medicine at the hospital and provide integrated patient care. The project will include renewal and ongoing development of the hospital’s diagnostic imaging [...]

Philips Provides Update on its Closing Share Price on Euronext Amsterdam on October 19, 2020

Amsterdam, the Netherlands, Oct. 19 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) provided an update that it has been informed by Euronext that they are experiencing a technical failure that prevents Euronext Amsterdam to provide an accurate closing price for Philips today. Euronext informed the company that the closing share price for Philips on Monday [...]

Philips Announces Q3 2020 Results and Provides New Financial Targets for the 2021–2025 Period

Amsterdam, the Netherlands, Oct. 19 (Korea Bizwire) - Philips delivers Q3 sales of EUR 5.0 billion, with 10% comparable sales growth; income from continuing operations increases to EUR 341 million, Adjusted EBITA margin improves 300 basis points to 15.4%, and operating cash flow increases to EUR 770 million Philips provides new financial targets for the 2021–2025 [...]

DEFINE PCI Study One-year Data Show Potential of Treating Residual Ischemia to Improve Clinical Outcomes for Coronary Stent Patients

Amsterdam, the Netherlands, Oct. 15 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the one-year results of the DEFINE PCI [1] study at the Cardiology Research Foundation’s TCT Connect 2020 virtual conference. The DEFINE PCI study assessed the level of residual ischemia, or reduced blood flow to the heart [...]