Philips

In the Know: Healthcare News for September 28, 2020

Bright Health Inc. Announces $500 Million Series E Funding Including Significant Investments by Tiger Global Management, T. Rowe Price Associates, Blackstone, NEA and Bessemer Venture Partners Bind Launches Into the Fully-insured Market Spineology Gets FDA De Novo Grant of Minimally Invasive OptiMesh Expandable Interbody Fusion System Medtronic gains breakthrough nod for VAD driveline Fast Company […]

In the Know: Healthcare News for August 31, 2020

Abbott’s Fast, $5, 15-Minute, Easy-to-Use COVID-19 Antigen Test Receives FDA Emergency Use Authorization; Mobile App Displays Test Results to Help Our Return to Daily Life; Ramping Production to 50 Million Tests a Month Allina Health and Blue Cross and Blue Shield of Minnesota Commit to Landmark Value-Based Contract in Minnesota Cancer Genetics and StemoniX Sign […]

In the Know: Healthcare News for August 3, 2020

Non-COVID vaccines offer some COVID protection, Mayo Clinic reports Blue Cross of Minnesota CEO Craig Samitt, M.D., on Achieving Healthcare Transformation Through a Social Justice Lens Mayo Clinic CEO: The Pandemic Has Unleashed an Uninvited, but Necessary Chance for Health Care to Change 3M advances social justice initiatives with new leadership appointment U Of M […]

In the Know: Healthcare News from Medical Alley for July 6, 2020

Envoy Medical Receives FDA Breakthrough Device Designation for its Fully Implanted Acclaim® Cochlear Implant Study design for CVRx device can serve as heart failure model: JACC editorial Philips ranked as world’s most innovative medtech company in Boston Consulting Group’s Annual Report Takeda Receives U.S. FDA Approval to Manufacture ENTYVIO® (vedolizumab) Drug Substance at Manufacturing Facility […]

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 […]

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