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Investment Thesis Covid-19 has fueled ventilator demand for ResMed Inc. ( RMD ), enabling the company to achieve a peak in revenue growth and margins. As the new therapeutics improve patient management, the sales bump will tail off. Though sleep clinics are reopening, the operations will f...
FinancialBuzz.com News Commentary New York, NY (8/10/2020) – The patient monitoring device market is a large and diverse segment of the medical device industry. Traditionally, patient monitoring devices were used in hospitals to monitor patient’s vital signs. Nowadays, with the a...
July 31, 2020 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has received the report from the U.S. House of Representatives Subcommittee on Economic and Consumer Policy and is providing an initi...
July 29, 2020 Philips receives 510(k) clearance from the FDA for its professional defibrillator (Tempus LS- Manual), now offering its remote monitor and defibrillator solution (Tempus ALS) to EMS customers in the U.S. Solution delivers real-time bidirectional data transfer for remote pa...
When I wrote about Philips ( PHG ) after first quarter earnings , I wrote that I saw upside to $50 or above if management could execute on the significant opportunity in front of the company in critical medical equipment like ventilators and patient monitoring. So far so good, and managemen...
July 23, 2020 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the publication of a peer-reviewed, retrospective outcomes study demonstrating that, in the first year of use, high frequency chest wall osci...
Healthcare equipment industry heavyweight Koninklijke Philips N.V. ( PHG ) recently presented its much-awaited second-quarter results that had been expected to be bolstered by higher sales of ventilators and patient monitors in the wake of the pandemic but also impacted by declined demand fo...
FinancialBuzz.com News Commentary New York, NY (7/20/2020) – Wearable technologies can be innovative solutions for healthcare problems. According to a literature review of wearable technology applications by Healthcare Information and Management Systems Society, Inc. (HIMSS), wearable a...
Koninklijke Philips N.V. (PHG) Q2 2020 Results Earnings Conference Call July 20, 2020, 04:00 AM ET Company Participants Leandro Mazzoni - Head of Investor Relations Frans van Houten - CEO Abhijit Bhattacharya - CFO Conference Call Participants Michael Jungling - Morgan Stan...
Philips ( PHG +5.2% ) hits a 52-week high after Q2 net earnings exceed expectations, which the company continues to expect to return to sales growth and improved profitability during H2 . More news on: Koninklijke Philips N.V., Earnings news and commentary, Stocks on the move, Rea...
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Collaboration with leading material scientists focuses on the use of high-temperature superconductors to make MR imaging more affordable, accessible and sustainable in the future Operating at higher temperatures and eliminating the use of liquid helium during both production and operation...
November 28, 2022 Philips introduces next-generation Advanced Visualization Workspace, including new cardiac MR Suite with new workflow and user interface, new AI powered CT ASPECT Scoring, and enhanced CT Liver Analysis applications [1] New integrated diagnostic approach co...
November 28, 2022 New Ultrasound Compact System 5000 Series delivers premium image quality needed to aid in a confident diagnosis in a portable unit Compatibility with Philips ultrasound systems Affiniti and EPIQ transducers, user interface, workflow, and automation tools al...