Philips delivers improved operational performance driven by sales growth and focus on execution
July 24, 2023 01:00 ET
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Royal Philips
July 24, 2023 Second-quarter highlights Group sales increased to EUR 4.5 billion, with 9% comparable sales growthIncome from operations amounted to EUR 221 million,...
IMAGIO consortium receives Innovative Health Initiative EUR 24 million grant to improve cancer treatments
June 15, 2023 06:00 ET
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Royal Philips
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...
Philips to repurchase up to 7.1 million shares to cover long-term incentive plans
June 14, 2023 16:30 ET
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Royal Philips
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...
Philips' direct-to-angio stroke pathway: new analysis demonstrates substantial cost savings in addition to improved patient outcomes
June 14, 2023 04:00 ET
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Royal Philips
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...
Philips and Masimo introduce new, advanced monitoring capabilities to Philips high acuity patient monitors
June 01, 2023 09:00 ET
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Royal Philips
June 1, 2023 Amsterdam, the Netherlands and Irvine, California, U.S. – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Masimo (NASDAQ: MASI), a global medical...
Philips and Vanderbilt University Medical Center unite to define roadmap for decarbonizing radiology
May 22, 2023 09:00 ET
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Royal Philips
May 22, 2023 Amsterdam, the Netherlands and Nashville, TN, USA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Vanderbilt University Medical Center (VUMC), home to...
Philips announces exchange ratio for 2022 dividend
May 17, 2023 05:00 ET
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Royal Philips
May 17, 2023Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that the exchange ratio for the dividend for the year 2022 is 1 new common share for every 22.3906...
Philips launches AI-powered CT system to accelerate routine radiology and high-volume screening programs
May 17, 2023 03:00 ET
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Royal Philips
May 17, 2023 New Philips CT 3500 increases return on investment by meeting the throughput and uptime needs of routine radiology and high-volume screening programs AI-powered workflow and image...
Philips’ image-guided navigation increases safety during coronary interventions and reduces the use of contrast media by an average of 28.8%
May 16, 2023 08:00 ET
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Royal Philips
May 16, 2023 Late-breaking data from DCR4Contrast study presented at EuroPCR 2023 and SCAI 2023 also shows an average reduction in the total number of angiograms obtained during each procedure of...
Philips provides update on completed set of test results for CPAP/BiPAP sleep therapy devices
May 16, 2023 02:00 ET
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Royal Philips
May 16, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), today provides an update on the comprehensive test and research program of its subsidiary Philips Respironics to...