Press Releases

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Philips unveils two major innovations designed to help radiologists improve patient care
Today, at the 94th annual meeting of the Radiological Society of North America (RSNA) in Chicago, Philips unveiled two innovative solutions to help radiologists save time and improve patient diagnosis.
Philips appoints Chief Medical Officer to strengthen company's patient and care provider focus
Philips named Eric Silfen, M.D., M.S.H.A., M.A., senior vice president and chief medical officer for Philips Healthcare. Dr. Silfen joins the Philips Healthcare executive team and reports to Healthcare CEO Steve Rusckowski. Dr. Silfen will work closely with a global network of medical thought leaders to ensure that clinical insights and a people-focused approach are at the core of Philips product development and go-to-market strategies.
Philips further expands Healthcare business in emerging markets by acquiring India-based Meditronics
Philips today announced it has reached an agreement to acquire India-based Meditronics, a leading manufacturer of General X-Ray systems targeting the economy segment in India.
Philips completes cancellation of 38.4 million shares
Philips announced today that it has completed the cancellation of in total 38,496,058 of its own shares which were acquired for cancellation during the period August 25, 2008 up to and including November 14, 2008. The average repurchase price was EUR 18.19 per share.
Philips breakthrough Magnotech technology set to transform global point-of-care testing
Already a world leader in near-patient settings, Philips has now developed a unique biosensor technology which has the potential to offer lab-quality immunoassay results at the point of care.
NeuroNexis Technologies and Philips partner to research next-generation deep brain stimulation devices for the treatment of central nervous system disorders
Eindhoven, the Netherlands – NeuroNexus Technologies and Philips Research today announced that they have signed a joint research agreement to develop next-generation deep brain stimulation devices with the ambition to improve the treatment of neurological diseases and psychiatric disorders.
Philips restores iconic Boston tower with energy-efficient LED lighting
Boston’s first official skyscraper, the Marriott Custom House Tower, has undergone a long-awaited lighting makeover to reclaim its skyline prominence in a smart and sustainable way. Formerly lit by incandescent-based fixtures that had fallen into disrepair, the Tower has been restored to its fully-illuminated state using LED fixtures that consume just one third the energy of the previous sources.
Philips’ intelligent pill targets drug development and treatment for digestive tract diseases
At this week's opening of the American Association of Pharmaceutical Scientists (AAPS) Annual Meeting and Exposition (Atlanta, USA, November 16-20, 2008) Philips Research will announce its new intelligent pill technology “iPill”, targeted at assisting drug development and enabling new therapies for debilitating and life-threatening digestive tract disorders such as Crohn's disease, colitis and colon cancer.
Philips introduces new, advanced light therapy device to offer quick relief from winter blues
Philips today introduced the goLITE BLU, a natural, convenient way to offer quick relief from seasonal mood-related problems. With the end of Daylight Saving time many Americans are affected by the increased darkness and experience what is known as the winter blues. Symptoms of the winter blues may include lethargy, lowered mood, problems sleeping, carbohydrate cravings and weight gain.
International city.people.light award 2008 – first prize goes to the city of Seoul, South Korea
Philips Lighting and Lighting Urban Community International Association (LUCI) have announced that this year’s international city.people.light award has been won by the city of Seoul, South Korea. At the award ceremony, which was held in San Lui Potosi in Mexico on 29 October 2008, representatives from the city were presented with the city.people.light trophy as well as prize money of 5,000 euros.