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Philips Named a Derwent Top 100 Global Innovator for the 7th Consecutive Year

Philips Named a Derwent Top 100 Global Innovator for the 7th Consecutive Year

Amsterdam, the Netherlands, Feb. 24 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, has again been recognized as a Derwent Top 100 Global Innovator™ in Clarivate Analytics’ annual analysis of the global innovation ecosystem.  The Derwent Top 100 Global Innovators report identifies the world’s most innovative organizations, those that successfully develop valuable [...]

Philips Announces DEFINE GPS Global Multicenter Study to Assess Outcomes of PCI Procedures Guided by Integrated iFR and Interventional X-ray Images

Philips Announces DEFINE GPS Global Multicenter Study to Assess Outcomes of PCI Procedures Guided by Integrated iFR and Interventional X-ray Images

Amsterdam, the Netherlands, Feb. 11 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced a new randomized controlled trial to assess patient outcomes after receiving a percutaneous coronary intervention (PCI) guided by Philips’ unique co-registration platform, which combines data of an instant wave-Free Ratio (iFR) measurement and the angiogram [...]

Philips to Repurchase Up to 6 million Shares to Cover Long-term Incentive and Employee Stock Purchase Plans

Philips to Repurchase Up to 6 million Shares to Cover Long-term Incentive and Employee Stock Purchase Plans

Amsterdam, the Netherlands, Jan. 29 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 6 million shares to cover certain of its obligations arising from its long-term incentive and employee stock purchase plans. At the current share price, the shares represent an amount of up to approximately EUR 260 [...]

Four-year Data from ILLUMENATE Pivotal Trial Reaffirms Safety Profile of Philips Stellarex Low-dose Drug-Coated Balloon

Four-year Data from ILLUMENATE Pivotal Trial Reaffirms Safety Profile of Philips Stellarex Low-dose Drug-Coated Balloon

Amsterdam, the Netherlands and Leipzig, Germany, Jan. 28 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the four-year results from the randomized controlled ILLUMENATE Pivotal trial in the U.S. With an excellent follow-up compliance rate of over 95% in a highly complex disease patient cohort, the data show [...]

Philips Delivers Q4 Sales of EUR 6 Billion, with 3% Comparable Sales Growth; Income from Continuing Operations Amounted to EUR 550 Million and Adjusted EBITA Margin Increased to 17.9%

Philips Delivers Q4 Sales of EUR 6 Billion, with 3% Comparable Sales Growth; Income from Continuing Operations Amounted to EUR 550 Million and Adjusted EBITA Margin Increased to 17.9%

Amsterdam, the Netherlands, Jan. 28 (Korea Bizwire) -  Fourth-quarter highlights Sales amounted to EUR 6 billion, with 3% comparable sales growth Comparable order intake increased 3% Income from continuing operations was EUR 550 million, compared to EUR 723 million in Q4 2018 Adjusted EBITA margin improved by 50 basis points to 17.9% of sales, compared to [...]

Philips to Review Options for its Domestic Appliances Business

Philips to Review Options for its Domestic Appliances Business

Amsterdam, the Netherlands, Jan. 28 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it will review options for future ownership of its Domestic Appliances business. Philips will start the process of creating a separate legal structure for this business within the Philips Group, which is expected to [...]

Philips Marks New Milestones to Improve People’s Health Across the Globe at WEF 2020

Philips Marks New Milestones to Improve People’s Health Across the Globe at WEF 2020

Amsterdam, the Netherlands and Davos, Switzerland, Jan. 20 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced new milestones in its aim to make the world healthier and more sustainable through innovation. In collaboration with its partners, Philips aims to address pressing societal issues with a focus on the United [...]

Philips Once Again Ranked Among the World’s Top Global Companies for its Commitment to Action on Climate Change

Philips Once Again Ranked Among the World’s Top Global Companies for its Commitment to Action on Climate Change

Amsterdam, the Netherlands, Jan. 20 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has once again been placed on the CDP Climate Change A List [1], making this the seventh consecutive year it has achieved a CDP A-list ranking for its leadership in corporate climate action. [...]

Philips Partners with the United Nations Population Fund and the Government of Republic of the Congo to Reduce Maternal and Newborn Mortality

Philips Partners with the United Nations Population Fund and the Government of Republic of the Congo to Reduce Maternal and Newborn Mortality

Amsterdam, The Netherlands, Jan. 17 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced a  major partnership with the Republic of the Congo’s Ministry of Health & Population and the United Nations Population Fund (UNFPA) to reduce maternal and newborn mortality rates by fifty (50) percent in the country’s health facilities over [...]