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Philips Delivers Q3 Sales of EUR 4.7 Billion, with 6 pct Comparable Sales Growth, EUR 211 Million Income from Continuing Operations and an Adjusted EBITA Margin of 12.4 pct

Philips Delivers Q3 Sales of EUR 4.7 Billion, with 6 pct Comparable Sales Growth, EUR 211 Million Income from Continuing Operations and an Adjusted EBITA Margin of 12.4 pct

Oct. 28 (Korea Bizwire) -  Third-quarter highlights •        Sales in the quarter amounted to EUR 4.7 billion, with 6% comparable sales growth •        Comparable order intake was in line with Q3 2018 •        Income from continuing operations amounted to EUR 211 million, including a charge of EUR 78 million related to a goodwill impairment, compared [...]

Philips Introduces New 200mm and 150mm Stellarex 0.035” Low-dose Drug-coated Balloons to Broaden Treatment Options for Peripheral Artery Disease Patients

Philips Introduces New 200mm and 150mm Stellarex 0.035” Low-dose Drug-coated Balloons to Broaden Treatment Options for Peripheral Artery Disease Patients

Amsterdam, the Netherlands, Oct. 15 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today introduced two new balloons to its Stellarex 0.035” low-dose drug-coated balloon (DCB) portfolio. The new 200mm and 150mm Stellarex 0.035” low-dose DCBs have received approval from the U.S. Food and Drug Administration (FDA) for the treatment of [...]

Philips and Spencer Health Solutions Expand Partnership to Europe

Philips and Spencer Health Solutions Expand Partnership to Europe

Amsterdam, the Netherlands and Morrisville, NC, U.S., Oct. 14 (Korea Bizwire) – Building on their successful partnership providing medication adherence solutions to high-acuity patients in the U.S. Royal Philips (NYSE:PHG, AEX:PHIA), a global leader in health technology, and Spencer Health Solutions announced today the expansion of their partnership to Europe. Technological solutions can help patients and their caregivers to improve [...]

Philips Provides Update on its Financial Performance in Q3 2019

Philips Provides Update on its Financial Performance in Q3 2019

Amsterdam, the Netherlands, Oct. 10 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on the third quarter 2019 financial results for the Group, which will be reported on October 28, 2019. Group sales for the quarter are expected to amount to approximately EUR 4.7 billion, reflecting [...]

Philips Teams with Air Ambulance Kent Surrey Sussex in First of its Kind Emergency Response Collaboration in the UK

Philips Teams with Air Ambulance Kent Surrey Sussex in First of its Kind Emergency Response Collaboration in the UK

Amsterdam, the Netherlands and London, United Kingdom, Oct. 3 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced Air Ambulance Kent Surrey Sussex (AAKSS) will equip all of its emergency service helicopters with the Philips RDT Tempus ALS [1] and Philips IntelliSpace Corsium web-based software platform. AAKSS, which makes nearly 2,500 life-saving [...]

Third-party Evaluation Confirms Safety Profile of Philips Stellarex .035″ Low-dose Drug-coated Balloon

Third-party Evaluation Confirms Safety Profile of Philips Stellarex .035″ Low-dose Drug-coated Balloon

Amsterdam, the Netherlands, Oct. 1 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the results of third-party analyses of patient-level data from worldwide clinical trials of the Philips Stellarex .035″ low-dose DCB. The analyses, which were performed by US-based contract research organization Syntactx, were published today in [...]

Philips Showcases Commitment to Improving Respiratory Care at ERS 2019

Philips Showcases Commitment to Improving Respiratory Care at ERS 2019

Amsterdam, the Netherlands and Madrid, Spain, Sept. 27 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, will showcase its commitment to improving care for hundreds of millions of patients worldwide living with chronic sleep and respiratory conditions in its 17th appearance at the European Respiratory Society (ERS) International Congress, [...]

Philips Teams Up with PURE on Pioneering Tele-ultrasound Program Linking Specialists Around the Globe with Physicians in Rwanda

Philips Teams Up with PURE on Pioneering Tele-ultrasound Program Linking Specialists Around the Globe with Physicians in Rwanda

Amsterdam, the Netherlands, Sept. 19 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and PURE (Point-of-care Ultrasound in Resource-limited Environments), a non-profit organization dedicated to enhancing ultrasound education and use in the developing world, today highlighted a unique tele-ultrasound mentorship program to provide much needed diagnostic ultrasound training [...]

Philips Launches NightBalance, Increasing Therapy Options for Positional Obstructive Sleep Apnea Patients

Philips Launches NightBalance, Increasing Therapy Options for Positional Obstructive Sleep Apnea Patients

Amsterdam, the Netherlands, Sept. 17 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the commercial launch of Philips NightBalance, a prescription sleep position therapy device designed for patients with positional obstructive sleep apnea (OSA). A mask-free alternative to existing positional OSA treatments, Philips NightBalance is a [...]