Category: Philips Healthcare
Philips Healthcare posts a nearly double-digit profit increase despite a 4% sales decline.
Philips Healthcare (NYSE:PHG) grew its pre-tax profits by nearly 10% despite seeing its 1st-quarter sales slide 4%.
The Dutch medical device company's parent's overall profits slipped more than 11% on a slight sales decrease compared with the same period last year.
Healthcare technology giant Philips agrees to pay $4.5 million to the U.S. Securities & Exchange Commission to settle a Polish bribery spat.
Technology giant Philips (NYSE:PHG) agreed to pay a $4.5 million settlement to the U.S. Securities & Exchange Commission to settle an investigation into potential bribery at the company's Polish medical equipment sales division.
If you read nothing else this weekend, make sure you're still in the know with MassDevice +7.
Say hello to MassDevice +7, a bite-sized view of the top seven med-tech stories of the week. This latest feature of MassDevice.com's coverage highlights our seven biggest and most influential stories from the week's news to make sure you're up to date on the headlines that continue to shape the medical device industry.
Novadaq says its deal with wound care giant Kinetic Concepts Inc. for the Luna wound imaging device the companies co-developed has come to an amicable end.
Novadaq Technologies (TSE:NDQ) said it and wound care giant Kinetic Concepts agreed to an amicable end to the co-development deal they inked in 2011 for the Luna wound imaging device.
The software flaw that allowed a duo of cybersecurity researchers to bring down a Philips XPER hospital management system with 6 lines of code is still a problem in current XPER machines, Philips tells MassDevice.com.
Using fairly rudimentary hacking techniques, researchers have exposed vulnerabilities in a variety of medical devices, most recently in a Philips (NYSE:PHG) Xper hospital management system that buckled under the force of a mere 6 lines of code.
Global technology company Philips touts FDA clearance for its MicroDose SI mammography platform.
Technology giant Philips (NYSE:PHG) won FDA clearance for its MicroDose SI full-field mammography system, which the company hopes to leverage as a platform new mammogram imaging applications.
Royal Philips Electronics swung from loss to profit last year on strong demand for its largest business, Philips Healthcare.
Philips (NYSE:PHG) posted 2012 profits on a strong contribution from its healthcare business, its largest segment, sending share prices for the Dutch parent company up 1.7% today on Wall Street.