Philips

In the Know: Healthcare News for June 1, 2020

Philips launches clinical trial accelerator United Health Foundation Commits $2.5 Million to Children’s Wisconsin Peak Health partners with Bright Health carrier through 2021 Philips launches next generation wearable biosensor for early patient deterioration detection Industry Voices—Employer-sponsored health plans: Where do we go from here? CHF Solutions Expands Commercial Presence in the Middle East with Distribution […]

In the Know: Healthcare News for May 26, 2020

Lee Jones Selected University of Minnesota Entrepreneur of the Year Medtronic, Abbott, Thermo Fisher Are The World’s Largest Healthcare Companies In 2020 Med-tech company Tactile Medical announces new CEO Corporate America’s Most Underrated Innovation Strategy: 3M’s 15% Rule Medtronic execs see quick recovery, increased M&A NaviHealth trades hands again with Optum acquisition DeviceTalks Weekly: EP. […]

Philips receives FDA clearance for the use of its ultrasound portfolio to manage COVID-19-related lung and cardiac complications

Via Philips Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market a wide range of its ultrasound solutions for the management of COVID-19-related lung and cardiac complications. Handheld and portable ultrasound solutions in particular have […]

Philips to invest $109M as COVID-19 drives connected care order growth

Via MedTech Dive “Demand for patient monitors and hospital ventilators, devices central to the treatment of COVID-19, drove orders at Philips’connected care unit up significantly in the quarter, not to mention the order for 43,000 ventilators that the U.S. government placed after the first quarter had wrapped.” “Philips has responded to the surge in orders by planning […]

Philips Debuts Smaller Emergency Ventilator Amid Manufacturing Expansion

Via FierceBiotech “Philips is rolling out a new emergency-use ventilator to help relieve some of the burden on intensive care units as well as to provide care both inside and outside of hospitals.” “Built as a smaller alternative to the more durable, full-featured hospital ventilators currently in high demand, the Respironics E30 device can deliver […]

Philips details plans to increase its hospital ventilator production to 4,000 units/week by Q3 2020, and introduces its new Philips Respironics E30 ventilator with an immediate production of 15,000 units/week

Via Philips – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on its plans to double the production of its hospital ventilators by May 2020 and achieve a four-fold increase by the third quarter of 2020. This plan builds on Philips’ initial production increase in the first three months of the […]

Philips and the U.S. government collaborate in ventilator production ramp up to combat COVID-19 pandemic

Via Philips Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that the U.S. Government and Philips agreed to team up to increase the production of hospital ventilators in its manufacturing sites in the U.S. Philips plans to double the production by May 2020  and achieve a four-fold increase by the third quarter […]

In the Know: Healthcare News for March 30, 2020

Royal Philips prices €1b offering 2020 Best Tech Startups in Minneapolis 22 firms make Inc.’s list of fastest-growing in Midwest First Patient in SAVR Trial Successfully Implanted Minnesota Medical Association and Benovate Launch Physician Wellbeing Pilot Project ANI Pharmaceuticals Announces the Filing of a Prior Approval Supplement for Purified Cortrophin® Gel 80 U/mL DiaMedica Therapeutics […]

Philips ramps up production of critical health technology products in response to COVID-19 pandemic

Via Philips “The most needed products are patient vital signs monitors and portable ventilators and medical consumables for non-invasive and invasive ventilation to treat a broad range of respiratory conditions. Other Philips products and solutions to help address the preparedness, response and recovery needs of COVID-19 include a range of diagnostic imaging systems (CT, mobile […]

Statement of Philips CEO Frans van Houten on the COVID-19 outbreak

Via Phillips “With the epicenter of the coronavirus disease (COVID-19) outbreak shifting from China to the West, I wanted to provide an update on how Philips is responding to the constantly evolving situation. The WHO has classified the outbreak as a pandemic, but continues to reiterate that it is still controllable. While I am very […]

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