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About Koninklijke Philips N.V.

CEO
Frans van Houten
Employees
2020
Headquarters

Amstelplein 2
Amsterdam, Noord Holland 1096 BC
Phone: 31205977777
https://www.philips.com/

News

Philips hits 52-week low; stock down 50% YTD (NYSE:PHG)
Aug 18, 2022 17:39pm

Shares of Royal Philips hit a 52-week low on Thursday of $18.75.Year to date, shares are down 50%.The company has been deeply impacted by a recall related to its Respironics line of…


Source:Seeking Alpha
Philips sets date for shareholders'' meeting to appoint new CEO
Aug 18, 2022 08:54am

Royal Philips (PHG) said it will hold an extraordinary general meeting of shareholders ((EGM)) on Sept. 30 to appoint Roy Jakobs as the company''s new President and CEO, effective Oct


Source:Seeking Alpha
48K New Reports On Philips Faulty Ventilator Machines
Aug 17, 2022 19:21pm

The FDA said reports of faulty Koninklijke Philips NV''s (NYSE: PHG ) ventilators and sleep apnea machines had risen in the past quarter. The company recently announced that Roy Jakobs is proposed to succeed Frans van Houten as President & CEO, effective October 15. The FDA said that it had received 48,000 reports associated with breakdown or suspected breakdown in the foam used in Philips … Full story available on Benzinga.com


Source:Benzinga
FDA says faulty Philips device reports accelerating as CEO departs
Aug 17, 2022 15:08pm

AMSTERDAM — The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining problems facing the Dutch company, which has just announced plans to replace its CEO. Philips says it is approximately halfway through a recall of 5.5 million such devices in […]


Source:Financial Post
Philips launches its new range of gaming monitors in India, price starts at Rs 24,990
Aug 17, 2022 12:31pm

Philips has expanded its monitor lineup with the launch of Philips flagship Momentum 3000 gaming monitors - 27M1N3200ZA and 24M1N3200ZA in India.


Source:The Times of India
FDA gets over 48K new reports of defective Philips respiratory systems from May-July
Aug 17, 2022 10:01am

The U.S. Food and Drug Administration ((FDA)) said it received more than 48,000 reports of faulty Philips (PHG) ventilators and respiratory devices between May and July, which included…


Source:Seeking Alpha
Philips CEO to leave after product recall
Aug 17, 2022 09:16am

Frans van Houten (pictured) ,CEO of Philips, is to step down in October following a product recall which has halved Philips’ share price. Houten has been CEO for 12 years and was due to leave the job in April. Roy Jakobs, head of Connected Care will take over. Philips ia in the middle of a … The post Philips CEO to leave after product recall appeared first on Electronics Weekly .


Source:Electronics Weekly
Philips announces changes in company executive roles as CEO Frans van Houten steps down
Aug 17, 2022 08:35am

Philips announces on Tuesday, Aug. 16, that its chief executive officer, Frans van Houten is stepping down. It was an unexpected event but the company has already appointed a new chief who will take over in…


Source:EconoTimes
Philips Announces Imminent Departure of CEO Frans Van Houten
Aug 17, 2022 08:08am

Philips has unexpectedly announced the imminent departure of CEO Frans van Houten, in the midst of a massive product recall. Van Houten would be replaced on October 15 by Roy Jakobs. During his almost 12 years at the helm, Van Houten led the transformation of the once-sprawling conglomerate into a focused healthcare specialist.


Source:Gadgets 360
Philips CEO Frans van Houten to quit in October
Aug 17, 2022 02:44am

Philips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company''s Connected Care businesses.


Source:Business Today
FDA says 44 more deaths have been reported in Philips ventilator recall
Aug 17, 2022 00:00am

The FDA issued an update to its communication on Philips Respironics’ ventilator recall confirming the reports of 44 more deaths. Last year, Amsterdam-based Philips (NYSE:PHG) Respironics recalled millions of certain ventilators, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) machines due to potential health risks caused by polyester-based polyurethane (PE-PUR) sound abatement […]


Source:WTWH
Philips parts ways with CEO Frans van Houten in midst of massive recall
Aug 16, 2022 15:49pm

Philips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company’s Connected Care businesses


Source:The Globe and Mail
Philips parts ways with CEO Frans van Houten in midst of massive recall, Roy Jakobs to take charge
Aug 16, 2022 15:43pm

Philips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company''s Connected Care businesses, even though his third term as CEO was not due to end until April. "The supervisory board and current Philips CEO Frans van Houten have agreed that with the end of his third term in sight, the time is right for the change in leadership," Philips said in a statement.


Source:Economic Times India
Don’t Give This Company The Brush Off? Brüush Offers Mid-Priced Electric Toothbrush In An Interesting Market
Aug 16, 2022 12:56pm

While the jury’s still out on whether electric toothbrushes are more effective than manual ones, a number of companies are betting consumers will increasingly adopt them. https://profiles.smallcapsdaily.com/bruush/ The American Dental Association says both manual and electric brushes remove plaque and bacteria from teeth — so long as you’re using a proper brushing technique. More recently, the Journal of the American Dental Association published a survey that found that 13,000 out of 16,000 patients who used an electric toothbrush reported better oral health. The global electric toothbrush market size was estimated to be worth $4.3 billion in 2022 and projected to increase to just over $6 billion by 2027, according to Statista. Some are betting big with high-priced devices, while others are banking on consumers looking for value. And then there are those that fall somewhere in the middle. Koninklijke Philips N.V.’ s (NYSE: PHG) Sonicare line has a variety of options, with the least expensive starting at about $20 and the company’s most advanced electric toothbrush — which gets guidance from an app using artificial intelligence — selling for $380.


Source:The North America Newswire
Philips Names Company Insider Roy Jakobs As New CEO, Succeeding Frans van Houten
Aug 16, 2022 11:41am

Roy Jakobs is proposed to succeed Frans van Houten as Koninklijke Philips NV (NYSE: PHG ) CEO effective October 15. Houten''s third term as CEO was not due to end until April. The departure coincided with Philips''s massive product recall that has halved its market value over the past year. Also Read: Competitor Recall Continues To Show Opportunities For ResMed Jakobs headed the company''s … Full story available on Benzinga.com


Source:Benzinga
Breakingviews - New Philips CEO can take inspiration from old one
Aug 16, 2022 11:39am

Koninklijke Philips’ Chief Executive Frans van Houten turned the Dutch group from a stodgy industrial conglomerate into a medical-technology specialist. During the first 10 years of his leadership, up to April 2021, the shares returned more than 200% including dividends, according to Refinitiv Datastream. He hived off superfluous units like lighting and domestic appliances. But the final stretch of his tenure, which the company has announced will come to an end in October, was marred by component shortages and a giant product recall of potentially dangerous sleep apnoea machines. Philips is now worth 17 billion euros, compared with 46 billion euros last April.


Source:Reuters
Philips chooses new CEO from within ranks who lead respiratory device recall
Aug 16, 2022 09:35am

Royal Philips (PHG) said Roy Jakobs will succeed Frans van Houten as president and CEO, effective Oct


Source:Seeking Alpha
Van Houten stepping down as Philips CEO after 12 years
Aug 16, 2022 08:53am

Frans van Houten is stepping down as CEO of Philips. Roy Jakobs will succeed him effective October 15, the health technology company announced Tuesday.


Source:NL Times
Philips parts ways with CEO in midst of massive recall
Aug 16, 2022 08:10am

AMSTERDAM — Dutch health technology company Philips on Tuesday unexpectedly announced the imminent departure of CEO Frans van Houten, in the midst of a massive product recall that has halved its market value over the past year. Philips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company’s Connected […]


Source:Financial Post
Philips names Roy Jakobs as CEO amid ventilator, CPAP recalls
Aug 16, 2022 00:00am

Philips‘ (NYSE:PHG) today announced that Roy Jakobs is proposed to success Frans van Houten as president and CEO, effective October 15. The Amsterdam-based company’s supervisory board and CEO van Houten have agreed that it is time for a change in leadership as his third term in the corner office comes to an end. The board […]


Source:WTWH
Koninklijke Philips N.V. Shares Rise 1.2% From The Lows – But Will They Continue?
Aug 12, 2022 20:00pm

In recent trading session, Koninklijke Philips N.V. (NYSE:PHG) saw 0.94 million shares changing hands at last check today with its beta currently measuring 0.91. Company’s recent per share price level of $19.93 trading at -$0.23 or -1.12% at last check today assigns it a market valuation of $17.71B. That most recent trading price of PHG’s … Koninklijke Philips N.V. Shares Rise 1.2% From The Lows – But Will They Continue? Read More »


Source:Marketing Sentinel
ResMed expects steady growth over the next year
Aug 11, 2022 00:00am

ResMed (NYSE: RMD, ASX: RMD) today reported fourth-quarter results that beat the consensus forecast on Wall Street amid continued adoption of its next-gen AirSense 11 CPAP. CEO Mick Farrell said in a news release that ResMed launched the fully cloud-connectable AirSense 11 into several new European countries. The AirSense 11 is also selling well in […]


Source:WTWH
Big Data Analytics in Healthcare Market to See Huge Growth by 2028 : IBM, Cisco, Siemens
Aug 10, 2022 15:12pm

Big Data Analytics in Healthcare Market 2022-2028 New Jersey, NJ -- ( SBWIRE ) -- 08/10/2022 -- The Latest research study released by HTF MI "Global Big Data Analytics in Healthcare Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are Allscripts, Cerner Corporation, Cisco, Citius Tech, Cognizant, Cotiviti, Dell, Epic System Corporation, GE Healthcare, Health Catalyst, IBM, Innovalon, McKesson, MEDEANALYTICS, Microsoft, Optum, Oracle, Philips, SAS Institute, SCIO Health Analytics, Siemens, Viteros Health, Wipro & Xerox Corporation etc. Click here for free sample + related graphs of the report @: https://www.htfmarketreport.com/sample-report/3847184-2022-2030-report-on-global-big-data-analytics-in-healthcare-market Browse market information, tables and figures extent in-depth TOC on "Big Data Analytics in Healthcare Market by Application (Financial Analytics, Operational Analytics, Population Health Analytics, Clinical Data Analytics & Other), by Product Type (, Services, Software & Hardware), Business scope, Manufacturing and Outlook – Estimate to 2027". for more information or any query mail at sales@htfmarketreport.com At last, all parts of the Global Big Data Analytics in Healthcare Market are quantitatively also subjectively valued to think about the Global just as regional market equally.


Source:SBWire
Philips plans to install multimodality imaging solutions at Makati Life Medical Center
Aug 10, 2022 00:18am

Executives from Philips, Basemed Kare Inc., and Elekta, during the contract signing agreement, February 26, 2022. (From left) Basemed Kare Inc. Director Karl Zapanta; Philips Sales and Clinical Modality Head Seneriza Castro; Basemed Kare Inc. President Bernadette Zapanta, Basemed Kare Director Christian Dominic Isip; and Elekta Regional Sales Marketing Manager, Deonne Rosales. Royal has signed a Memorandum of Agreement (MOA) with Life Nurture Inc. to install a range of multimodal health technologies at the newest specialty care destination in Makati City- the Makati Life Medical Center. The solutions to be installed for diagnosis and treatment include the Philips Azurion 7 C20, the Philips Ingenia Prodiva 1.5T CS, the Philips BV Vectra mobile C-arm system, Philips Incisive CT 128 Slice, and the Philips MobileDiagnost wDR. “At Philips, we believe in breaking down boundaries and removing the complexities that stand in the way of delivering seamless access to healthcare,” said Natasha Kwan, Regional General Manager, Philips Health Systems for Singapore, Malaysia, Philippines and Growth Markets, Philips APAC. “Our integrated imaging solutions for diagnosis and treatment enable more connected care, and more confident decision-making.


Source:Manila Bulletin News
These new WiZ smart lighting options will light up your world… and floor
Aug 09, 2022 17:52pm

WiZ’s Mobile Portable Light can go with you to the bathroom. | Image: WiZ WiZ, the more budget-friendly, hubless sibling to Philips Hue (both companies are owned by Signify), beefed up its range of Wi-Fi-powered smart lighting products with new releases this week. The $89.99 WiZ Mobile Portable Light is coming in October, and the $24.99 WiZ Smart Button , which acts as a switch or remote control for all WiZ lighting, arrives in September. The company also added WiZ bar and floor lights as options for indirect lighting and wall-washing, which are available now. The current WiZ range starts at under $11 a bulb and includes the standard shapes for white and colored bulbs , light strips, and downlights. There are also smart plugs, a wired dimmer, and a motion sensor — most of the building blocks for a smart lighting setup. WiZ products work with Amazon Alexa, Google Home, Apple Siri Shortcuts, IFTTT, and SmartThings. Image: WiZ Touch controls let you dim the light and activate scenes you set up in the WiZ app.


Source:The Verge
In the Sustainable Spotlight With REI and Philips
Aug 08, 2022 19:27pm

Although in different sectors, REI and Philips are highly praised for their commitment to people and the planet -- from advancing sustainable business practices to embracing diversity, equity and inclusion. Vivienne Long, SVP and Chief Marketing Officer of REI, and Lorraine Barber-Miller, EVP and Chief Marketing and Ecommerce Officer of Philips, sat down with Adweek…


Source:Adweek
Philips sees rise of self-care and DIY trends in grooming
Aug 07, 2022 19:01pm

As a brand, we believe in the philosophy of understanding the consumer’s unmet needs, and then creating solutions, says Vidyut Kaul, Head of personal health at Philips Indian subcontinent division


Source:Livemint
Lulu Group Int''l plans to expand in India
Aug 05, 2022 11:41am

UAE-based multinational retail conglomerate Lulu Group International plans to more than double its footprint in India over the next two-three years, a top executive told ET. The company plans to open around 12 additional large format malls, hypermarkets and small-format malls across Chennai, Bangalore, Hyderabad, Ahmedabad and Uttar Pradesh to tap the organised retail segment in the country. "We are planning to have smaller malls of around 0.5 million sq ft in the major districts of Kerala and Bangalore. We are actively looking at land in Ahmedabad for a 1 million sq ft mall and we have a similar plan in mind for other cities as well," said Shibu Philips, Director, Shopping Malls, Lulu Group India.With an annual turnover worth $ 8 billion and a workforce of over 50,000 globally, the Lulu group has announced investments of over Rs 19, 000 crore in India, for malls, hypermarkets, food processing centres, and all related businesses. In India, Lulu currently operates five shopping malls—in Kochi, Trivandrum, Thrissur, and Bangalore—and the largest one has been launched in Lucknow recently.


Source:Economic Times India
Telehealth and AI are top priorities for Indian Healthcare Leaders, reveals Philips Future Health Index India 2022 Report
Aug 04, 2022 09:50am

New Delhi [India], August 4 (ANI/BusinessWire India): Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the India findings of its flagship Future Health Index (FHI) India 2022 report titled ‘Healthcare hits reset: Priorities shift as healthcare leaders navigate a changed world’. Now in its seventh year, the Future Health […]


Source:The Print India
Philips launches first-ever Sneaker cleaner in India: Price and how it works
Aug 02, 2022 11:51am

The Sneaker Cleaner GCA1000/60 is priced at Rs 2,595. It comes with two years of worldwide guarantee. The Sneaker Cleaner comes in a Black and Yellow colour combination. It is exclusively available for purchase through Philips Domestic Appliances e-store.


Source:The Times of India
Inspire Medical Systems revenue up 71% in Q2
Aug 02, 2022 00:00am

Inspire Medical Systems (NYSE: INSP) easily blew past Wall Street predictions in Q2, though the company is scaling back its gross margin projections. Minneapolis-based Inspire Medical is the maker of a minimally-invasive, implantable, pacemaker-like device that uses neurostimulation to treat obstructive sleep apnea. It announced yesterday evening that it lost $14.5 million, or 53¢ per […]


Source:WTWH
Apple‘s India revenue nearly doubled, BGMI banned, Google brings Street View back and other top tech news of the week
Jul 31, 2022 04:05am

The tech world this week saw new launches from Redmi, Philips, Sony and other companies. Apple has posted its quarterly reports and Samsung has introduced a new scheme for its Galaxy devices. Battlegrounds Mobile India has been removed from App Store and Play Store and Google Street View is back after 6 years. All this, and more in Gadgets Now’s weekly tech news wrap.


Source:Gadgets Now
Societe Generale downgrades Philips after poor Q2 show (NYSE:PHG)
Jul 25, 2022 16:40pm

Philips (PHG) stock continues to be in red following the firm''s Q2 earnings announcement and guidance cut that prompted Societe Generale to downgrade the stock to hold from buy.The…


Source:Seeking Alpha
Stocks Remain Buoyant by Noon
Jul 25, 2022 15:46pm

A rally in oil stocks helped Canada''s main stock index shake-off initial sluggishness to rise on Monday, while investors braced for a slew of earnings updates as well as another big interest rate hike from the U.S. Federal Reserve this week. The TSX climbed 76.26 points to close in on noon EDT Monday at 19,059.18. The Canadian dollar advanced 0.42 cents to 77.84 cents U.S. Rogers Communications ditched seven cents to $60.32. The company on Sunday announced plans to invest $10 billion in artificial intelligence, and more testing and oversight, just weeks after the company reported network issues that caused widespread disruptions across the country. Energy stocks ruled the roost Monday as Vermilion Energy acquired $1.50, or 5.3%, to $29.75, while Tamarack Valley picked up 21 cents, or 5.3%, to $4.20. Utilities also registered higher, as Hydro One gained 40 cents, or 1.2%, to $35.26, while Altagas took on 33 cents, or 1.2%, to $27.84. Gold stocks, however, put a hold on growth as Torex Gold faltered 33 cents, or 3.6%, to $8.74, while Seabridge Gold dropped 61 cents, or 3.8%, to $15.44.


Source:Baystreet Canada
Koninklijke Philips N.V. 2022 Q2 - Results - Earnings Call Presentation (NYSE:PHG)
Jul 25, 2022 14:48pm

The following slide deck was published by Koninklijke Philips N.V.


Source:Seeking Alpha
Philips Shares Tumble Below Nine-Year Low After Weak Q2 Performance By Investing.com
Jul 25, 2022 14:42pm

Philips Shares Tumble Below Nine-Year Low After Weak Q2 Performance


Source:Investing.com
SIGA, Tonix top healthcare gainers; Enveric, Philips lead losers'' pack
Jul 25, 2022 14:06pm

SIGA Technologies SIGA +20%. Tonix Pharmaceuticals TNXP +16%. Enveric Biosciences (ENVB) -23%. Koninklijke Philips PHG -9%.


Source:Seeking Alpha
Apple, Snap, Monkeypox Vaccine Makers, and More Monday Morning Stock Movers
Jul 25, 2022 11:53am

Shares of Newmont fell after the gold miner''s earning missed expectations, while Philips, the maker of Sonicare toothbrushes, lowered its sales forecast for the year.


Source:Barron''s
Stocks making the biggest moves premarket: Newmont, Squarespace, Philips and more
Jul 25, 2022 11:44am

These are the stocks posting the largest moves before the bell.


Source:CNBC
Philips shares hit nine year low on weak quarter and guidance cut
Jul 25, 2022 10:59am

Group chief executive Frans van Houten singled out Chinese Covid-19 lockdowns as the biggest cause of the shortfall


Source:The Irish Times
Philips stock falls 10% as Q2 sales hit by China lockdown, supply woes; better show in H2
Jul 25, 2022 10:53am

Philips (PHG) stock fell ~10% on July 25 premarket after the company said Q2 sales declined amid supply shortages and prolonged lockdowns in China.Q2 comparable sales declined -7% Y/Y…


Source:Seeking Alpha
Philips Suffers From Chinese Lockdowns
Jul 25, 2022 10:52am

Medical technology company Philips sold less in the second quarter. The company suffered a lot from the lockdowns in China and supply problems for parts and materials. Because of this headwind, Philips is also becoming more negative about this year as a whole. The company expects comparable sales to increase to 3 percent. Previously […] The post Philips Suffers From Chinese Lockdowns appeared first on Dawn News .


Source:Dawn News
Philips stock down on news of supply chain woes, consent decree talks with DOJ
Jul 25, 2022 00:00am

Philips (NYSE:PHG) shares took a hit today on second-quarter earnings that were adversely affected by supply chain headwinds. CEO Frans van Houten also broke the news during today’s earnings call that the U.S. Department of Justice, acting on behalf of FDA, provided a proposed consent decree on July 18 following inspection of the Dutch medtech […]


Source:WTWH
Shares dip as supply chain, COVID-19 issues hamper Philips in Q2
Jul 25, 2022 00:00am

Philips (NYSE:PHG) shares took a hit this morning on second-quarter earnings that were adversely affected by supply chain headwinds. Shares of PHG were down 7.6% at $20.46 per share as the market opened today. The Amsterdam-based company posted sales of $4.3 billion (Є4.2 billion), representing a 7% decline year-over-year. Philips attributed the revenue dip to […]


Source:WTWH
The biggest medtech personnel moves so far in 2022
Jul 22, 2022 00:00am

In the ever-changing world of medtech, those who are leading the companies are bound to move around a bit. At the end of last year, we compiled a list of medtech’s biggest personnel changes in 2021. Throughout just over half of 2022, we’ve already seen a slew of major moves around some of the space’s […]


Source:WTWH
Biosensors Market is projected to expand at a steady CAGR over the forecast by 2031 | Medtronic, Abbott Laboratories, Ercon, DuPont, Johnson & Johnson, Koninklijke Philips
Jul 19, 2022 12:50pm

New York, 2022-Jul-15 — /EPR Network/ — According to a new market research report published by Global Insight Services “Biosensors Market is expected to reach US$ XX bn by [read full press release…]


Source:Express Press Release Distribution
Philips can pursue import ban in Thales wireless patent dispute, court says
Jul 13, 2022 18:16pm

French defense company Thales SA lost a bid Wednesday to block Koninklijke Philips NV from pursuing a U.S. import ban on its products in their licensing dispute over Philips'' wireless standard-essential patents.


Source:Reuters
Royal Philips: Philips highlights AI-powered precision diagnosis portfolio at ECR 2022
Jul 13, 2022 08:05am

July 13, 2022 Philips demonstrates portfolio of smart connected imaging systems and integrated radiology workflow solutions designed to improve diagnostic confidence and clinical outcomesAmsterdam,…


Source:Finanz Nachrichten
Philips gets FDA nod for AI-based MRI software
Jul 12, 2022 09:15am

Royal Philips (PHG) said the U.S. Food and Drug Administration ((FDA)) granted 510(k) clearance to its SmartSpeed artificial intelligence ((AI))-based Magnetic Resonance ((MR))…


Source:Seeking Alpha
The best Amazon Prime Day 2022 air fryer deals, including 30% off a 9-in-1 Ninja Foodi Multicooker
Jul 11, 2022 22:53pm

Popular air fryers are on sale for Amazon Prime Day 2022. You can save more than $50 on air fryers, including Instant Pot, Philips, and PowerXL.


Source:Business Insider
Philips Monitors presents the newest Momentum for gaming
Jul 08, 2022 04:43am

Partnering with Xbox, the Philips Momentum 279M1RV and 329M1RV are validated to deliver the best Xbox Series X/S visual performance with Xbox Game Mode , providing the ultimate high-performance Xbox gaming experience that is fully optimized for everything Xbox has to offer. Both the Philips Momentum 279M1RV and 329M1RV feature HDMI 2.1 , the latest HDMI cable connection that has up to triple the bandwidth of HDMI 2.0, allowing for even higher resolutions and frame rate. Beyond providing brilliant visuals, these monitors leverage HDMI 2.1’s ability by featuring UltraClear 4K UHD resolution at 120Hz for Xbox gaming , meaning these monitors’ high-speed refresh rates will display enemy movements on-screen with the smoothness and clarity, allowing you to target and identify enemies with ease. Further enhancing these visuals are VESA-certified DisplayHDR™ , IPS Nano Color technology , and Variable Refresh Rate , optimizing your Xbox gaming experience by creating a more smooth, vivid, and detailed gaming scene alongside accurate, and lush colors.


Source:Manila Bulletin News
These Philips Hue deals on outdoor lighting might brighten your day
Jul 07, 2022 16:43pm

Philips is discounting bundles of its outdoor lighting tech until July 17th. | Image: Philips Even with Amazon Prime Day 2022 right around the corner, kicking off on Tuesday, July 12th, there are lots of early Prime Day deals to check out, in and out of Amazon. One of the standouts is on Philips Hue smart lights. There’s a promotion that’ll knock 15 percent off your total when you buy two or more outdoor lights . This includes outdoor lighting strips, accent lighting, as well as other Hue essentials you may want, like the Hue outdoor sensor and Hue Bridge, the latter of which lets you easily control and coordinate your smart lights through an app. This promotion will go lights out after July 17th. If you’ve been itching to invest in a new wearable to get fit and keep closer track of your notifications, Wellbots is offering Verge… Continue reading…


Source:The Verge
Philips signs onto HHS initiative to reduce greenhouse gas emissions
Jul 07, 2022 00:00am

Philips recently announced that it had joined an initiative created by the Department of Health and Human Services to address climate change by reducing greenhouse gas emissions. In partnership with the White House, Philips and other health sector organizations and administration leaders participated in a roundtable discussion about work that is being done to combat…


Source:WTWH
Best bikini trimmer from Philips, Veet and more
Jul 06, 2022 08:30am

Ditch the wax and shape your bikini line the way you want it


Source:Evening Standard
FDA can’t explain drop in device recalls, but experts point to COVID disruptions
Jul 06, 2022 00:00am

The FDA acknowledged interruptions with notifications from recalling firms during the pandemic, while regulatory experts point to fewer inspections and fewer procedures. FDA medical device product recalls dropped last year to their lowest level since 2013, according to a Medical Design & Outsourcing analysis of recall data from the regulatory agency. Medtech regulatory experts said the COVID-19…


Source:WTWH
Port Replicator Market Trends, Size & Share Analysis, Industry Growth Opportunities, Demand and Forecast 2022-2028
Jul 05, 2022 20:45pm

Port Replicator Market Dynamics 2022-2028, Regional Analysis, Segmentation, Competitive Landscape, COVID-19 Impact, Recent Developments and SWOT Analysis of Key Players like – ACCO, Anker, Lenovo, TOSHIBA, SAMSUNG, UGREEN, Dell, HP Development, Satechi, Microsoft, Hyper, VAVA, Philips, LENTION Electronic Technology, QGeeM, Sabrent, Unitek International Group, TRIPP LITE, IOGEAR London, UK -- ( SBWIRE ) -- 07/05/2022 -- Global Port Replicator Market 2022-2028: As the world economy continues to grow, so does the need for efficient, reliable data. This is why we are releasing our Global Port Replicator Market 2022-2028 report, which will give you a comprehensive overview of this industry. In this report, you''ll find historical and future cost, revenue, demand, supply and import/export data for your distributor''s value chain. You''ll also get an in-depth analysis of your distributor''s value chain. You''ll learn about: the market size and growth rate of your distributor''s value chain for each region for the forecast period (from 2022 to 2028), business opportunities that can be explored in this industry and key players in this market In our Port Replicator Market Report, we discussed the policies, plans and strategies for development of a particular country or region.


Source:SBWire
Best Amazon Prime Day beauty deals in the UK from JLo Beauty to Fenty Beauty and more
Jul 01, 2022 20:45pm

Get the likes of Oral-B, Philips and Cloud Nine for a fraction of the cost


Source:Evening Standard
Royal Philips: Philips Signs Health Care Sector Pledge to Reduce Emissions as part of Department of Health and Human Services, White House Initiative
Jul 01, 2022 14:10pm

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 pa…


Source:Finanz Nachrichten
Philips Signs Health Care Sector Pledge to Reduce Emissions as part of Department of Health and Human Services, White House Initiative
Jul 01, 2022 14:05pm

CAMBRIDGE, Mass.--(BUSINESS WIRE)--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 greenhouse gas emissions. Earlier this week at the White House, Philips along with other health sector organizations and administration leaders, participated in a roundtable discussion


Source:Business Wire
Philips launches new range of SpeedPro cordless vacuum cleaners in India, price starts at Rs 29,995
Jul 01, 2022 10:03am

Philips has added a new product to its domestic appliances range with the launch of new cordless vacuum cleaners in India. The company has introduced a new range of SpeedPro cordless vacuum cleaners in the country. The company claims that it has designed the product keeping in mind the needs of an Indian household. The new range of cordless vacuum cleaners come with both wet and dry functions.


Source:The Times of India
Philips, Biodesix team up to advance early lung cancer diagnosis
Jun 30, 2022 13:33pm

Royal Philips (PHG) said it is incorporating the results of Biodesix''s (BDSX) Nodify Lung blood-based lung nodule risk assessment testing into its patient management system Lung…


Source:Seeking Alpha
Royal Philips: Philips incorporates Biodesix blood-based proteomic nodule risk assessment testing into Lung Cancer Orchestrator to advance early lung cancer diagnosis
Jun 30, 2022 13:05pm

June 30, 2022Solution 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 diagno…


Source:Finanz Nachrichten
Philips incorporates Biodesix blood-based proteomic nodule risk assessment testing into Lung Cancer Orchestrator to advance early lung cancer diagnosis
Jun 30, 2022 13:00pm

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 (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced it has teamed up with Biodesix , Inc. (Colorado, U.S.) (Nasdaq: BDSX), a leading data-driven diagnostic solutions company, to incorporate the results of Biodesix’s Nodify Lung ® blood-based lung nodule risk assessment testing into Philips Lung Cancer Orchestrator lung cancer patient management system. The incorporation of proteomics data – along with the radiologic and patient history data currently used to determine treatment decisions – can help create diagnostic efficiency for cancer care centers in the management of a growing number of lung nodule cases, via the contextual launch of Biodesix Nodify Lung application within Lung Cancer Orchestrator. Philips Lung Cancer Orchestrator solution is designed to enable health systems to operationalize lung cancer screening and lung nodule management programs at scale.


Source:GlobeNewswire
TEXEM, UK unveil opportunity for data-driven decision-making
Jun 29, 2022 01:47am

A United Kingdom firm TEXEM has urged Nigerian organisations to use available opportunities to embrace data-driven decision-making. The company asserted that such a strategy would give room for better performance and sustainable success. A statement by Caroline Lucas, TEXEM’s Director, Special Projects, on its website expressed the need for the organisations to understand the importance of utilising data after the COVID-19 era. It said such a strategy would bring about the effective and efficient achievement of organisational goals. “Executives should develop strategies to drive effective and efficient achievement of goals using big data and machine learning,” the statement announced. It said any opportunity to acquire the knowledge to achieve this goal should be grabbed by strategic executives who want to make headway, especially in these challenging and disruptive times. The statement announced that towards this end, TEXEM would organise a programme in the country from July 20 to July 21. “This programme aims to help executives develop strategies to drive effective and efficient achievement of goals using big data and the internet of things,” it said.


Source:The National Nigeria
Philips: Issues with sleep apnea machines less harmful than thought
Jun 28, 2022 19:20pm

The problems with Philips sleep apnea devices are less dangerous for users than the Dutch healthcare technology company previously thought.


Source:NL Times
Phillips says unauthorized cleaning products linked to faulty ventilators (NYSE:PHG)
Jun 28, 2022 18:13pm

Citing independent tests, Philips (PHG) (RYLPF) said Tuesday that unauthorized cleaning products were almost exclusively to blame for issues that prompted the Dutch medical device maker…


Source:Seeking Alpha
Recalled Sleep-Apnea Machines Pass Key Safety Tests, Philips Says
Jun 28, 2022 12:01pm

Healthcare conglomerate still plans to replace devices amid concerns that degraded foam could be harmful if it enters the body


Source:The Wall Street Journal
Philips says tests on recalled ventilators ‘very encouraging’
Jun 28, 2022 08:20am

AMSTERDAM — Independent tests on ventilators that Dutch health technology company Philips recalled last year because of possible health risks showed the problems were almost exclusively caused by unauthorized cleaning products, the company said on Tuesday. The Amsterdam-based company shocked investors last year by recalling 5.5 million ventilators used for the treatment of sleep apnea […]


Source:Financial Post
Philips sees ‘very encouraging’ results from tests on recalled ventilators
Jun 28, 2022 06:56am

AMSTERDAM — Dutch health technology company Philips said on Tuesday that it had seen “very encouraging” results from independent tests on the ventilators it recalled last year due to concerns over potential health risks from a type of foam used in the devices. The tests showed foam degradation almost exclusively in machines that were cleaned […]


Source:Financial Post
Philips provides update on Philips Respironics'' PE-PUR sound abatement foam test and research program
Jun 28, 2022 05:55am

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)) subsidiary Philips Respironics, initiated a voluntary recall notification/field safety notice * to address potential health risks related to the polyester-based polyurethane (PE-PUR) sound abatement foam in specific CPAP, BiPAP and mechanical ventilator devices. At the time the recall notification/field safety notice* was issued, Philips Respironics relied on an initial, limited data set and toxicological risk assessment, and assumed a worst-case scenario for the possible health risks out of an abundance of caution. Since then, together with five certified, independent testing laboratories in the US and Europe, as well as other qualified third-party experts, Philips Respironics has been conducting a comprehensive test and research program on the PE-PUR foam to better assess and scope the potential patient health risks related to possible emission of particulates from degraded foam and volatile organic compounds (VOCs).


Source:Benzinga
ResMed names Lucile Blaise as new Sleep & Respiratory Care leader
Jun 28, 2022 00:00am

Lucile Blaise will be the new president of ResMed’s Sleep & Respiratory Care business starting July 1, ResMed (NYSE: RMD) said today. She replaces Jim Hollingshead, who became president and CEO of Insulet (Nasdaq:PODD) on June 1. ResMed President and COO Rob Douglas is serving as interim president of the Sleep & Respiratory Care during…


Source:WTWH
Philips updates on testing results for recalled ventilators
Jun 28, 2022 00:00am

Royal Philips (NYSE:PHG) today provided an update on the test and research program implemented after its major ventilator recall. In June 2021, Philips Respironics recalled millions of certain ventilators, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) machines due to potential health risks caused by polyester-based polyurethane (PE-PUR) sound abatement foam breaking down. […]


Source:WTWH
ResMed names Lucile Blaise as new Sleep & Respiratory Care leader
Jun 28, 2022 00:00am

Lucile Blaise will be the new president of ResMed’s Sleep & Respiratory Care business starting July 1, ResMed (NYSE: RMD) said today. She replaces Jim Hollingshead, who became president and CEO of Insulet (Nasdaq:PODD) on June 1. ResMed President and COO Rob Douglas is serving as interim president of the Sleep & Respiratory Care during…


Source:WTWH
Philips updates on testing results for recalled ventilators
Jun 28, 2022 00:00am

Royal Philips (NYSE:PHG) today provided an update on the test and research program implemented after its major ventilator recall. In June 2021, Philips Respironics recalled millions of certain ventilators, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) machines due to potential health risks caused by polyester-based polyurethane (PE-PUR) sound abatement foam breaking down.…


Source:WTWH
Connecticut Trial Firm, LLC, Files New Allegations Against Philips/Signify North America Corporation for Fraud, Evidence Destruction, and Violation of Connecticut Unfair Trade Practices Act (CUTPA)
Jun 23, 2022 18:08pm

HARTFORD, Conn. , June 23, 2022 /PRNewswire/ -- Andrew Garza , a partner at the Glastonbury law firm, Connecticut Trial Firm, LLC, has filed a proposed amended pleading on behalf of Juan Cruz and Emily Lopez Cruz against Signify North America Corporation, formerly Philips Lighting North America Corporation. According to the current, operative complaint in the lawsuit, on September 19, 2017 , Mr. Cruz was working in a warehouse in Hartford when 1,300-pounds of lighting product fell on him, causing paralysis and other serious injuries. According to the motion to amend the plaintiffs'' complaint, filed on June 20, 2022 , Philips/Signify intentionally destroyed evidence to defraud a paralyzed man and the court, and the fraud and evidence destruction were part of a systematic and coordinated commercial conspiracy extending to the highest … Full story available on Benzinga.com


Source:Benzinga