Philips today announced the launch of its new Zenition 30 image-guided therapy mobile C-arm system 3000. Zenition 30 marks the latest addition to the company’s versatile Zenition mobile C-arm series. The Amsterdam-based company unveiled its Zenition 10 version earlier this year. The mobile-C arm X-ray systems provide live image guidance during a range of clinical […]
Royal Philips
Philips reaches settlement in class-action lawsuit over sleep apnea machine recall
Philips announced today that it reached a class-action settlement on economic loss claims related to its ongoing Respironics recall. The agreement resolves all economic loss claims in the U.S. multidistrict litigation (MDL) related to the voluntary recall. Philips expects to submit the settlement to the U.S. District Court for the Western District of Pennsylvania later […]
Philips inks in-house virtual care collaboration with CoxHealth
Philips announced today that it entered into a virtual care collaboration with CoxHealth. CoxHealth, a U.S. not-for-profit healthcare provider, sought out Philips to implement virtual care through its hospital network. The company wanted a solution staffed entirely by its own employees that expanded beyond the intensive care unit. It also hoped for something that allowed […]
Philips enrolls first patients in stroke diagnosis, treatment trial in France, U.S.
Philips announced today that its WE-TRUST clinical trial enrolled its first patients in France and the U.S. The trial aims to evaluate whether a direct-to-angio suite (DTAS) workflow can improve outcomes for early time-window stroke patients. It compares this method to the conventional approach that uses a diagnostic MR/CT scan before transfer to the angio […]
Philips to repurchase up to 7.1M shares in effort to cover long-term incentives
Philips announced that it plans to repurchase up to 7.1 million shares. The Amsterdam-based medtech giant initiated this repurchase effort to cover certain obligations arising from long-term incentive plans. At the current share price, 7.1 million shares equals approximately $148.3 million (€132 million). Philips said in its announcement last month that it plans to execute […]
Philips, Biotronik partner to expand care for out-of-hospital cardiology labs
Philips today announced a new partnership with Biotronik. The companies teamed up to expand the range of cardiovascular devices available for Philips SymphonySuite customers. Biotronik develops products and services for treating cardiovascular and endovascular diseases. Philips designed its SymphonySuite for opening and expanding cardiovascular office-based labs OBLs and ambulatory surgery centers (ASCs). The Amsterdam-based medtech […]
Philips warns on potential breakage issue with certain Allura, Azurion systems
Philips issued an urgent field safety notice regarding some of its Allura and Azurion image-guided therapy systems. Affected systems only include Allura and Azurion products with the FlexMove system installed. The notice warns of an issue that may occur due to forces applied during the movement of the C-Arc for Allura and Azurion. Philips’ image-guided […]
Study backs Philips’ direct-to-angio stroke pathway
Philips announced today that a published analysis supports its stroke care pathway. Amsterdam-based Philips had results of the health economic analysis published in the Journal of NeuroInterventional Surgery (JNIS). Data demonstrated that the company’s approach to stroke care reduced costs by an average of $3,120 per patient. Philips’ retrospective analysis looked at data from the […]
Philips launches AI-powered CT imaging system
Philips (NYSE:PHG) announced that it launched the Philips CT 3500, a new high-throughput CT system powered by artificial intelligence (AI). Amsterdam-based Philips designed the new CT system to target the needs of routine radiology and high-volume screening programs. It features a range of image-reconstruction and workflow-enhancing features to deliver consistency, speed and first-time-right image quality. […]
Philips shareholders vote against relieving management of liability
Royal Philips shareholders voiced their displeasure with management’s handling of the company’s massive respiratory device recall at the annual meeting this week. Shareholders voted down a proposal to relieve the board of management of liability, keeping the potential for investor lawsuits related to the Philips Respironics recall on the table. “This follows the voting guidance […]
Philips launches new image-guided therapy system
Philips (NYSE:PHG) announced today that it launched its image-guided therapy mobile C-arm system 1000, called Zenition 10. The latest edition to the Zenition mobile C-arm series helps to expand patient access to routine surgical care and minimally invasive procedures. Now commercially available, the Zenition 10 utilizes Philips’ state-of-the-art flat panel detector technology for cost-effective, high-quality […]