Philips today announced the global launch of its Flash Ultrasound System 5100 point-of-care technology. Flash 5100 POC addresses the fast-moving needs of anesthesia, critical care, emergency medicine, and musculoskeletal imaging. Philips built it on its established foundation of cardiology and general imaging ultrasound technology. The system is now available globally. “The Philips Flash 5100 POC […]
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Philips reports first cases for VeriSight Pro 3D ICE catheter in Europe
Philips today announced the first procedures in Europe with its recently launched VeriSight Pro 3D ICE catheter. Doctors at the German University Medical Center Mainz and Robert Bosch Hospital in Stuttgart completed the first procedures in Europe after the intracardiac echocardiography (ICE) catheter following its launch across the continent last month. Amsterdam-based Philips designed the […]
Philips to repurchase up to 6M shares
Philips announced today that it plans to repurchase up to 6 million shares of stock as part of long-term incentive plans. The company said the repurchase covers certain obligations arising from its incentive plans. At the current share price, the shares represent an amount of up to approximately $142.2 million (€125 million). This repurchase marks […]
Philips wins CE mark for 3D stroke care imaging tech
Philips announced today that it received CE mark for its latest SmartCT image reconstruction solution. The company designed SmartCT to support faster, more informed decision-making in the treatment of stroke and other neurovascular conditions. Amsterdam-based Philips plans to showcase the solution — already available in Japan and Canada — at LINNC Paris 2025. According to […]
Philips launches real-world study of low-dose X-ray in coronary procedures
Philips announced today that it launched the RADIQAL (radiation dose and image quality) trial. The multicenter, randomized study sponsored by Philips aims to enroll 824 coronary artery disease patients. It takes place across six hospitals in Europe and the U.S. Investigators enrolled the first patient in the study at Aarhus University Hospital in Denmark. According […]
Philips launches real-time 3D intracardiac imaging catheter in Europe
Philips announced today that it launched its VeriSight Pro 3D intracardiac echocardiography (ICE) catheter in Europe. The Dutch medtech giant designed VeriSight Pro 3D to deliver real-time 3D imaging directly inside the heart. It helps physicians perform procedures with greater clarity and without the need for general anesthesia. VeriSight goes through a patient’s blood vessels […]
Philips prices $1.1B offering to pay off debt, finance green projects
Philips announced today that it priced offerings of fixed-rate notes worth $1.1 billion (€1 billion) in proceeds. The company priced an offering of €500 million fixed-rate notes due 2030 and €500 million fixed-rate notes due 2035. They fall under its European Medium Term Note EMTN Program. Philips plans to use proceeds for general corporate purposes […]
Philips, Nvidia partner on AI for MRI
Philips announced that it entered into a new collaboration with Nvidia to harness cutting-edge AI advances for MRI technology. The companies aim to build a foundational model for MRI, powered by Nvidia’s advanced AI computing platform. They expect the foundational model to lay the groundwork for a new generation of applications to enhance MR image […]
Philips discontinues Tack endovascular system sales after serious recall
The FDA has deemed a recall of the Philips Tack endovascular system Class I, the most serious kind. This recall involves removing devices from use and sale. According to the FDA notice, the device may cause serious injury of death if customers continue to use it. As a result of the recall, Philips plans to […]
Philips integrates advanced AI into MRI tech
Philips today announced the launch of SmartSpeed Precise, an MRI solution powered by dual-AI engines. The next-generation offering builds upon the Dutch medtech giant’s compressed Sense and SmartSpeed technologies. Amsterdam-based Philips designed it to deliver faster scans with higher image quality. SmartSpeed Precise improves scan speed and diagnostic image quality to extend AI-driven efficiency across […]
Philips warns on some IntelliSpace Cardiovascular devices in Europe
Philips issued an urgent field safety notice to warn of a potential safety issue with its IntelliSpace Cardiovascular (ISCV) 7.0 system. The letter, dated Jan. 10, 2025, was published by the German Federal Institute for Drugs and Medical Devices on Feb. 21. It outlines a potential issue with the ISCV software version 7.0. When the […]
