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Koninklijke Philips N.V. (PHG)

20.72

-0.25

(-1.19%)

At close: April 25 at 4:00 PM EDT

Judge approves settlement of more than $500M from Philips recall

Philips could be on the hook for more costs if eligible claims for recalled or returned respiratory devices exceed the amount agreed to in the settlement.

MedTech Dive 17 hours ago

PHG
-1.19%
Philips failed to report corrections of CT machines, FDA says in warning letter

After a 2023 inspection, the FDA found three unreported field corrections related to CT machines and 19 other recalls of radiology devices.

MedTech Dive 21 hours ago

PHG
-1.19%
Philips' (PHG) Zenition 30 to Boost Image-Guided Surgeries

Philips (PHG) announces the FDA clearance for its Zenition 30 mobile C-arm, which is intended to aid in image-guided procedures at a relatively affordable cost.

Zacks 2 days ago

PHG
-1.19%
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Koninklijke Philips (AMS:PHIA) investors are sitting on a loss of 57% if they invested three years ago

The truth is that if you invest for long enough, you're going to end up with some losing stocks. But the long term...

Simply Wall St. 3 days ago

PHG
-1.19%
RYLPF
‘An incredible undertaking’: 5 takeaways from Philips consent decree

Under the agreement, the FDA will use rare powers to require repairs, replacements or refunds for recalled respiratory machines.

MedTech Dive 8 days ago

PHG
-1.19%
Philips (PHG) Agrees to a Consent Decree With DOJ and FDA

Philips (PHG) announces a consent decree with the U.S. government and FDA over Respironics' business recalls.

Zacks 9 days ago

PHG
-1.19%
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Philips Respironics reaches agreement with US government on a consent decree creating a clear path forward

April 10, 2024 Philips confirms that further to communicating the main terms of the Philips Respironics consent decree on January 29, 2024, Philips’ subsidiaries Philips Holding USA and Philips Respironics have now reached final agreement on the consent decree with the DOJ and FDA. As previously stated: The consent decree primarily focuses on Philips Respironics’ business operations in the US.It provides clarity and a roadmap to demonstrate compliance with regulatory requirements and to restore

GlobeNewswire 16 days ago

PHG
-1.19%
RYLPF
US federal court orders Philips to restrict production of sleep apnea devices

(Reuters) -A U.S. federal court issued a decree to restrict the production and sale of Philips' new sleep apnea machines at several facilities in the country, the Food and Drug Administration said on Tuesday. The U.S. District Court for the Western District of Pennsylvania has entered into what is known as a consent decree against the company's subsidiary Philips Respironics to curb the sale and production until certain requirements are met. In January, the Dutch health technology company had said that it will not sell new devices to treat sleep apnea in the United States in the coming years as it works to comply with a settlement with the FDA.

Reuters 16 days ago

PHG
-1.19%
UPDATE 3-US federal court orders Philips to restrict production of sleep apnea devices

A U.S. federal court issued a decree to restrict the production and sale of Philips' new sleep apnea machines at several facilities in the country, the Food and Drug Administration said on Tuesday. The U.S. District Court for the Western District of Pennsylvania has entered into what is known as a consent decree against the company's subsidiary Philips Respironics to curb the sale and production until certain requirements are met. In January, the Dutch health technology company had said that it will not sell new devices to treat sleep apnea in the United States in the coming years as it works to comply with a settlement with the FDA.

Reuters 16 days ago

PHG
-1.19%
Company that made millions of defective sleep apnea machines ordered to overhaul manufacturing

The company responsible for a global recall of sleep apnea machines will be barred from resuming production at U.S. facilities until it meets a number of safety requirements, under a long-awaited settlement announced Tuesday by federal officials. Philips will be required to overhaul its manufacturing and quality control systems and hire independent experts to vet the changes, according to a court order announced by the U.S. Department of Justice. The action is a major step toward resolving one of the biggest medical device recalls in history, which has dragged on for nearly three years.

Associated Press Finance 16 days ago

PHG
-1.19%
Philips restricted from selling respiratory machines in DOJ consent decree

The agreement, filed Tuesday, also has export restrictions to ensure U.S. patients receive remediated devices in a timely manner.

MedTech Dive 16 days ago

PHG
-1.19%
Philips (PHG) Boosts Patient Monitoring With smartQare Deal

Philips (PHG) partners with smartQare to integrate the latter's viQtor solution, boosting its patient monitoring solutions portfolio.

Zacks 17 days ago

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-1.19%
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‘We lost £105,000 after putting our life savings in a trust – our disabled son will suffer’

When Kathleen Birtley wandered into her local building society branch 10 years ago to renew her passbook, she wasn’t expecting to walk out with a noose around her life savings.

The Telegraph 18 days ago

PHG
-1.19%
Stocks to Watch Friday: Trump Media, Philips, Shockwave Medical

↘️ **Trump Media & Technology (DJT)**: Shares of the Truth Social parent company fell nearly 8% in midday trading, having closed Thursday at a new low. **↗️** **Shockwave Medical (SWAV)**: Johnson & Johnson (JNJ) struck a $13.

The Wall Street Journal 20 days ago

SWAV

PHG
-1.19%
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Philips Foundation and March of Dimes partner to improve prenatal care access in underserved communities, helping address US maternal and infant health challenges

Mom & Baby Mobile Health Center® April 4, 2024 Mom & Baby Mobile Health Centers offering ultrasound screenings to expectant moms in Phoenix, Tucson, and Washington, DC Amsterdam, the Netherlands, and Arlington, VA – Philips Foundation, with its mission to provide access to quality healthcare for 100 million people a year in underserved communities by 2030, is facilitating access to prenatal care through March of Dimes Mom & Baby Mobile Health Centers® in Phoenix, Tucson and Washington, DC. Throu

GlobeNewswire 21 days ago

PHG
-1.19%
RYLPF
Philips Norelco Taps Actor Adam Scott for New Campaign

Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced a partnership with acclaimed actor and facial hair enthusiast Adam Scott. Scott stars in a new campaign for shave and groom brand Philips Norelco that empowers audiences everywhere to reflect on their personal growth, starting with how they shape their facial hair. The brand debuted a video featuring Scott getting ready for his next big role, in which he says he can achieve any facial hair style he wants

PR Newswire 23 days ago

PHG
-1.19%
RYLPF

AEXFF
Philips convenes the Annual General Meeting of Shareholders 2024

March 22, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced it has convened the Annual General Meeting of Shareholders (AGM) 2024 and published the agenda with explanatory notes. As previously announced, the agenda includes: Proposals to re-appoint Chairman Feike Sijbesma (Dutch, 1959) and Peter Löscher (Austrian, 1957) as members of the Supervisory Board, with effect from May 7, 2024.Proposal to appoint Charlotte Hanneman (Dutch, 1978) as member of the Boar

GlobeNewswire last month

PHG
-1.19%
RYLPF
Leading in health technology innovation: Philips one of the top patent applicants at European Patent Office

Philips Azurion neuro biplane system Philips CT 5300 system Philips HealthSuite Imaging Philips EPIQ Elite ultrasound system March 19, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it is one of the leading patent applicants at the European Patent Office (EPO). Building on more than 130 years of innovation, Philips’ extensive global R&D programs and collaborations position the company at the forefront of health t

GlobeNewswire last month

PHG
-1.19%
RYLPF
Philips (PHG) Expands Sonicare Portfolio With Latest Launch

Philips (PHG) adds Philips One for Kids toothbrush into its Sonicare family, boosting its Personal Health business.

Zacks last month

PHG
-1.19%
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Philips (PHG), AWS Unite to Scale Digital Pathology Solutions

Philips (PHG) collaborates with Amazon Web Services to boost cloud-based pathology solutions. It will enable pathology laboratories to use digital processes to improve analytical capabilities.

Zacks last month

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-1.19%
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Performance Overview

Return	PHG	AEX-Index
YTD	-11.19%	+11.63%
1-Year	-1.19%	+16.27%
3-Year	-64.05%	+22.71%

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Koninklijke Philips N.V. (PHG)

Judge approves settlement of more than $500M from Philips recall

Philips failed to report corrections of CT machines, FDA says in warning letter

Philips' (PHG) Zenition 30 to Boost Image-Guided Surgeries

Koninklijke Philips (AMS:PHIA) investors are sitting on a loss of 57% if they invested three years ago

‘An incredible undertaking’: 5 takeaways from Philips consent decree

Philips (PHG) Agrees to a Consent Decree With DOJ and FDA

Philips Respironics reaches agreement with US government on a consent decree creating a clear path forward

US federal court orders Philips to restrict production of sleep apnea devices

UPDATE 3-US federal court orders Philips to restrict production of sleep apnea devices

Company that made millions of defective sleep apnea machines ordered to overhaul manufacturing

Philips restricted from selling respiratory machines in DOJ consent decree

Philips (PHG) Boosts Patient Monitoring With smartQare Deal

‘We lost £105,000 after putting our life savings in a trust – our disabled son will suffer’

Stocks to Watch Friday: Trump Media, Philips, Shockwave Medical

Philips Foundation and March of Dimes partner to improve prenatal care access in underserved communities, helping address US maternal and infant health challenges

Philips Norelco Taps Actor Adam Scott for New Campaign

Philips convenes the Annual General Meeting of Shareholders 2024

Leading in health technology innovation: Philips one of the top patent applicants at European Patent Office

Philips (PHG) Expands Sonicare Portfolio With Latest Launch

Philips (PHG), AWS Unite to Scale Digital Pathology Solutions

Performance Overview