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Philips Foundation marks five years of improving access to maternal care in Sub-Saharan Africa and sets out future plans • • GlobeNewsWire • Stocks

November 1, 2023 Reaching 15 million people in the region in 2022 alone [1], the foundation sets out plans to ramp up collaboration with social entrepreneurs Amsterdam, the Netherlands and Nairobi, Kenya – Philips Foundation, with its mission to provide access to quality healthcare for 100 million people a year by 2030, reports today on the significant progress made in improving access to maternal healthcare in Sub-Saharan Africa. Over five years across five distinct projects, Philips...

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iFR and FFR are equally safe to diagnose and treat heart disease according to largest-ever analysis of new real-world, long-term data • • GlobeNewsWire • Stocks

October 26, 2023 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 [1,2] compared to FFR Amsterdam, the Netherlands – Royal...

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Philips delivers strong sales growth, profitability and cash flow; raises full-year outlook • • GlobeNewsWire • Stocks

October 23, 2023 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 4.8% of sales, in Q3 2022 Comparable order intake was -9% compared to Q3 2022; order book remains strong Operating cash flow improved to EUR 489 million, compared to an outflow of EUR 180 million in Q3...

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Philips supports Tampere Heart Hospital in Finland to decarbonize its clinical operations • • GlobeNewsWire • Stocks

October 19, 2023 Sustainability roadmap addresses opportunities to reduce carbon emissions in patient throughput, technology use, and use of consumables Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the completion of a comprehensive hospital-wide analysis of Tampere Heart Hospital – Tampere University Hospital’s (Finland) environmental sustainability, including a deep assessment of the interventional cardiology...

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Philips Visual Patient Avatar pioneers at-a-glance patient data for faster, better decision-making in the operating room • • GlobeNewsWire • Stocks

October 13, 2023 Animations, colors, and shapes help to improve poor situational awareness, which is responsible for 81.5% of anesthesia-related errors Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the launch of Visual Patient Avatar , a revolutionary new monitoring solution that translates critical, yet complex patient data into a straightforward visual design as an easy-to-understand avatar display. In today’s...

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Philips and World Stroke Organization partner to improve access to high-quality stroke care • • GlobeNewsWire • Stocks

October 10, 2023 Two-year partnership focused on advocacy, education, and raising awareness of stroke as a global healthcare challenge Philips’ leadership in the rapid end-to-end treatment of stroke helping to improve patient outcomes and increase the efficiency of treatment Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and the World Stroke Organization (WSO) , the world’s only global non-governmental organization focused on...

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Philips announces new interoperability capabilities that offer a comprehensive view of patient health for improved monitoring and care coordination • • GlobeNewsWire • Stocks

October 10, 2023 Interoperability of Philips Capsule Medical Device Information Platform (MDIP) with Philips Patient Information Center iX (PIC iX) includes streaming, vendor-neutral data to support care delivery and collaboration Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, has announced the interoperability of Philips Capsule Medical Device Information Platform (MDIP) with Philips Patient Information Center iX (PIC iX), providing...

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Philips Sonicare Partners With Sydney Leroux To Motivate Listeners' Wellness Routines Through Spotify • • PR Newswire • Stocks

Philips Sonicare Partners With Sydney Leroux To Motivate Listeners' Wellness Routines Through Spotify PR Newswire STAMFORD, Conn., Sept. 14, 2023 The in-app experience provides personalized, motivational voiceovers from Leroux and other special guests to give an extra push when needed most. STAMFORD, Conn. , Sept. 14, 2023 /PRNewswire/ -- Philips Sonicare , the #1 dental professional-recommended sonic toothbrush brand worldwide, is on a mission to help people make the most of their routines. The...

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Philips extends its mobile C-arm range with Zenition 30, alleviating staff shortages by empowering surgeons with greater personalization and control • • GlobeNewsWire • Stocks

September 13, 2023 Offering surgeons greater flexibility, control, and personalization in C-arm operation and image acquisition, Philips’ new Zenition 30 reduces dependency on technician support for a wide variety of minimally invasive procedures Advanced imaging algorithms contribute to outstanding image quality and dose efficiency Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the launch of Philips Image Guided...

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Philips reaches resolution of US economic loss litigation • • GlobeNewsWire • Stocks

September 7, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) announced today that the company and certain of its US subsidiaries, including Philips Respironics, have reached an agreement to resolve all economic loss claims in the US Multidistrict Litigation (MDL) related to Philips Respironics’ voluntary recall of certain sleep and respiratory care devices. This settlement, which is expected to be submitted to the US District Court for the Western District of...

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Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect • • GlobeNewsWire • Stocks

August 30, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its issue of EUR 500 million fixed rate notes due 2031 (the “Notes”) under its European Medium Term Note (EMTN) program. The issue of the Notes will have a debt-neutral effect. The net proceeds of the offering will be used for repayment of EUR 500 million utilized and outstanding under the credit facility entered into in Q4 2022...

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Philips integrates AI in cardiac ultrasound and across cardiac care at ESC 2023 • • GlobeNewsWire • Stocks

August 24, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today highlighted how it integrates AI in cardiac ultrasound and across cardiac care to help improve clinical confidence and increase efficiency. Center-stage at the European Society of Cardiology ( ESC , Aug. 25-28, Amsterdam) Congress is the portable Philips Ultrasound Compact System 5500 CV , which includes an AI-powered automation tool (the automated strain...

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Exor becomes a long-term investor in Philips supporting the company’s strategy • • GlobeNewsWire • Stocks

August 14, 2023 Joint announcement from Philips and Exor Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, and Exor N.V. (AEX: EXO), the Netherlands-based diversified holding company, announce they have entered into a relationship agreement as a result of which Exor has bought a 15% shareholding in Philips. This investment by Exor is fully supportive of Philips’ leadership, strategy and value creation potential and provides for Exor to...

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Philips delivers improved operational performance driven by sales growth and focus on execution • • GlobeNewsWire • Stocks

July 24, 2023 Second-quarter highlights Group sales increased to EUR 4.5 billion, with 9% comparable sales growth Income from operations amounted to EUR 221 million, compared to EUR 11 million in Q2 2022 Adjusted EBITA increased to EUR 453 million, or 10.1% of sales, compared to EUR 216 million, or 5.2% of sales, in Q2 2022 Order book continued to grow year-on-year, while comparable order intake declined following a high order intake in Q2 2022 Operating cash flow improved to EUR 135 million,...

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Philips Norelco Unveils Team OneBlade 2023, featuring top professional basketball prospects Gradey Dick, Keyonte George and Jarace Walker • • PR Newswire • Stocks

Philips Norelco Unveils Team OneBlade 2023, featuring top professional basketball prospects Gradey Dick, Keyonte George and Jarace Walker PR Newswire STAMFORD, Conn., June 21, 2023 The trio trusts new Philips Norelco OneBlade 360 to bring versatility to their grooming routines STAMFORD, Conn. , June 21, 2023 /PRNewswire/ -- Philips , a global leader in health technology, today introduces the second annual class of Philips Norelco Team OneBlade. The new collective of rising professional...

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IMAGIO consortium receives Innovative Health Initiative EUR 24 million grant to improve cancer treatments • • GlobeNewsWire • Stocks

June 15, 2023 The Innovative Health Initiative has awarded a EUR 24 million grant to the IMAGIO consortium of clinical partners coordinated by Philips, with additional resources and funding from industry partners The consortium will carry out research into improving clinical outcomes through less invasive treatments for lung cancer, liver cancer and soft tissue sarcomas Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that...

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Philips to repurchase up to 7.1 million shares to cover long-term incentive plans • • GlobeNewsWire • Stocks

June 14, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 7.1 million shares to cover certain of its obligations arising from its long-term incentive plans. At the current share price, the shares represent an amount of up to approximately EUR 132 million. The repurchases will be executed through one or more individual forward transactions, expected to be entered into in the second and/or the third quarter of 2023, in...

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Philips' direct-to-angio stroke pathway: new analysis demonstrates substantial cost savings in addition to improved patient outcomes • • GlobeNewsWire • Stocks

June 14, 2023 Economic analysis of cost of Vall d’Hebron University Hospital Stroke Unit shows direct-to-angio stroke pathway can save more than USD 3,000 per patient Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the results of a health economic analysis published in the Journal of NeuroInterventional Surgery (JNIS) that show an innovative approach to the stroke care pathway reduced costs by an average of EUR 2,848...

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TGH Imaging Implements Philips Radiology Operations Command Center (ROCC) • • PR Newswire • Stocks

TGH Imaging Implements Philips Radiology Operations Command Center (ROCC) PR Newswire TAMPA, Fla., June 7, 2023 Virtualized imaging solution allows for more consistent workflows and faster, better-quality diagnostic imaging. TAMPA, Fla. , June 7, 2023 /PRNewswire/ -- TGH Imaging has implemented the Philips Radiology Operations Command Center (ROCC) at several of its outpatient locations offering magnetic resonance imaging testing. ROCC is a virtualized imaging solution that seamlessly connects...

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Mort de Dom Philips et Bruno Pereira : un an après la colère des familles • • Euronews • Stocks

Le journaliste britannique et le spécialiste des peuples indigènes d'Amazonie ont été tués dans la vallée de Javari en juin 2022....

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