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Opening of New Dutch Wind Farm Puts Philips on Course to Becoming Carbon Neutral by 2020

Opening of New Dutch Wind Farm Puts Philips on Course to Becoming Carbon Neutral by 2020

Amsterdam, the Netherlands, May 16 (Korea Bizwire) – Following the opening of the Windpark Krammer in the southwest of the Netherlands in the presence of His Majesty King Willem-Alexander, Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, achieved another major milestone on the road to becoming carbon neutral by 2020. Under [...]

Philips Issues Inaugural Green Innovation Bond

Philips Issues Inaugural Green Innovation Bond

Amsterdam, the Netherlands, May 15 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its issuance of EUR 750 million 0.500% Green Innovation Bonds due 2026. This inaugural Green Innovation Bond was created by Philips in collaboration with Rabobank as Sustainability [...]

Rutherford Diagnostics and Philips Agree 10 Year Partnership to Improve Diagnostic Services and Patient Outcomes Across England

Rutherford Diagnostics and Philips Agree 10 Year Partnership to Improve Diagnostic Services and Patient Outcomes Across England

Amsterdam, the Netherlands and Guildford, the UK, May 14 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) a leading global health technology company, has announced it signed a 10-year strategic partnership agreement with Rutherford Diagnostics. This collaboration will utilize Philips innovative radiology technology and Rutherford Diagnostics’ healthcare expertise to deliver and operate advanced personalized [...]

Philips Announces Collaboration with Medtronic to Further Advance the Image-guided Treatment of Atrial Fibrillation

Philips Announces Collaboration with Medtronic to Further Advance the Image-guided Treatment of Atrial Fibrillation

Amsterdam, The Netherlands, May 9 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) today announced a collaboration with Medtronic to further advance treatment of paroxysmal atrial fibrillation (PAF), a common heart rhythm disorder. Through the agreement, Medtronic will facilitate sales of products on behalf of Philips to provide an innovative, integrated image guidance solution for [...]

Philips Annual General Meeting of Shareholders Re-appoints CEO Frans van Houten and CFO Abhijit Bhattacharya

Philips Annual General Meeting of Shareholders Re-appoints CEO Frans van Houten and CFO Abhijit Bhattacharya

Amsterdam, the Netherlands, May 9 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (AGM) re-appointed Frans van Houten as President/CEO and member of the Board of Management, and Abhijit Bhattacharya as member of the Board of Management fulfilling the role of CFO. The other proposals voted [...]

Chipmunk Health Chooses Philips HealthSuite Digital Platform to Roll Out and Scale Up its Telehealth Services

Chipmunk Health Chooses Philips HealthSuite Digital Platform to Roll Out and Scale Up its Telehealth Services

Amsterdam, the Netherlands, May 1 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that telehealth service provider Chipmunk Health, with locations in the Netherlands and Canada, is leveraging the capabilities and services of Philips’ HealthSuite digital platform to roll out its new GP-to-patient home monitoring solutions. [...]

Philips Delivers Q1 Sales of EUR 4.2 Billion, with 2 pct Comparable Sales Growth; Income from Continuing Operations Increased to EUR 171 Million and Adjusted EBITA Margin Improved to 8.8 pct

Philips Delivers Q1 Sales of EUR 4.2 Billion, with 2 pct Comparable Sales Growth; Income from Continuing Operations Increased to EUR 171 Million and Adjusted EBITA Margin Improved to 8.8 pct

Amsterdam, NETHERLANDS, Apr. 29 (Korea Bizwire) –  First-quarter highlights •        Sales in the quarter amounted to EUR 4.2 billion, with 2% comparable sales growth •        Comparable order intake increased 2% •        Income from continuing operations increased to EUR 171 million, compared to EUR 94 million in Q1 2018 •        Adjusted EBITA margin was 8.8% of [...]

Philips Introduces VitalMinds, New Non-pharmacological Approach to Help Reduce Delirium in the ICU

Philips Introduces VitalMinds, New Non-pharmacological Approach to Help Reduce Delirium in the ICU

Amsterdam, The Netherlands, Apr. 25 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology today introduced VitalMinds, an integrated multi-component solution focused on supporting hospitals with a non-pharmacological approach to reducing delirium. A unique, key component of the approach is VitalSky, a personalized light therapy system, designed for clinical use [...]

Philips Launches IntelliSpace Radiation Oncology to Accelerate Time from Patient Referral to the Start of Treatment

Philips Launches IntelliSpace Radiation Oncology to Accelerate Time from Patient Referral to the Start of Treatment

Amsterdam, the Netherlands and Milan, Italy, Apr. 25 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced IntelliSpace Radiation Oncology [1], an intelligent patient management solution to manage complexity, improve efficiency and enable operational excellence in radiotherapy departments. IntelliSpace Radiation Oncology provides a harmonized way of working, integrating applications [...]

Philips and Vietnamese Hong Duc General Hospital Sign Multi-year Strategic Partnership Agreement

Philips and Vietnamese Hong Duc General Hospital Sign Multi-year Strategic Partnership Agreement

Amsterdam, the Netherlands and Ho Chi Minh City, Vietnam, Apr. 11 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Hong Duc General Hospital in Ho Chi Minh City in Vietnam today announced a seven-year partnership agreement covering a comprehensive turnkey solution for high quality general healthcare services. Philips [...]