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PHG News and Press, Koninklijke Philips N.V. NY Registry Shares From 07/25/22

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Company Name: Koninklijke Philips N.V. NY Registry Shares
Stock Symbol: PHG
Market: NYSE
Website: philips.com

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PHG - Philips' performance impacted by headwinds; order book strength and improving component supplies expected to deliver growth and profitability improvement from second half of 2022 onwards

July 25, 2022 Highlights Group sales amounted to EUR 4.2 billion, with a 7% comparable sales decline mainly caused by continued supply shortages and prolonged lockdowns in China, on the back of 9% comparable sales growth in Q2 2021 Order book remains strong; comparable o...

PHG - Philips highlights AI-powered precision diagnosis portfolio at ECR 2022

July 13, 2022 Philips demonstrates portfolio of smart connected imaging systems and integrated radiology workflow solutions designed to improve diagnostic confidence and clinical outcomes Amsterdam, the Netherlands and Vienna, Austria – Royal Philips (NYSE...

PHG - Philips gets FDA nod for AI-based MRI software

Royal Philips ( NYSE: PHG ) said the U.S. Food and Drug Administration (FDA) granted 510(k) clearance to its SmartSpeed artificial intelligence (AI)-based Magnetic Resonance (MR) imaging software. SmartSpeed increases resolution up to 65% and achieves up to 3...

PHG - Philips spotlights latest AI-powered, software-defined MR smart systems at ECR 2022

July 12, 2022 Philips SmartSpeed AI-based software receives FDA 510(k) clearance, delivering breakthrough high-speed, high-resolution MR imaging Unique broad compatibility (97% of clinical protocols) allows faster and high-quality scans for virtually all patients with variou...

PHG - Philips completes cancellation of 8.8 million shares

July 4, 2022 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 8,758,455 of its shares. The cancelled shares were acquired as part of the EUR 1.5 billion share repurchase program for capital red...

PHG - Philips Signs Health Care Sector Pledge to Reduce Emissions as part of Department of Health and Human Services, White House Initiative

Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the company has joined an initiative created by the Department of Health and Human Services (HHS), in partnership with the White House, to address climate action through the reduction of gree...

PHG - Philips, Biodesix team up to advance early lung cancer diagnosis

Royal Philips ( NYSE: PHG ) said it is incorporating the results of Biodesix's ( NASDAQ: BDSX ) blood-based lung nodule risk assessment testing Nodify Lung into its patient management system Lung Cancer Orchestrator. Amsterdam-based Philips said...

PHG - Philips incorporates Biodesix blood-based proteomic nodule risk assessment testing into Lung Cancer Orchestrator to advance early lung cancer diagnosis

June 30, 2022 Solution adds proteomic analysis of blood-based biomarkers to Philips Lung Cancer Orchestrator to better assess the risk of lung nodule malignancy, enhancing decision-making for diagnosis and treatment Amsterdam, the Netherlands – Royal Philips (...

PHG - Phillips says unauthorized cleaning products linked to faulty ventilators

Citing independent tests, Philips (NYSE:PHG) (OTCPK:RYLPF) said Tuesday that unauthorized cleaning products were almost exclusively to blame for issues that prompted the Dutch medical device maker to recall certain ventilator products last year. ADRs of Philips (PHG) sold off when the company...

PHG - Philips provides update on Philips Respironics' PE-PUR sound abatement foam test and research program

June 28, 2022 Testing in accordance with ISO 18562 and ISO 10993 standards conducted by five certified, independent testing laboratories in the US and Europe Amsterdam, the Netherlands – On June 14, 2021, Royal Philips ’ (NYSE: PHG; AEX: PHIA) subsi...

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