TURIN/AMSTERDAM (Reuters) - The CEO of Exor NV, the largest shareholder in Dutch healthcare equipment maker Philips NV, on Thursday said he continues to believe the company's problems are solvable.

Philips Respironics announced last Monday that it’s stopping sales of their breathing machines within the U.S. following a mid-2021 product recall. The decision, as reported by The New York Times, was ...

Koninklijke Philips N.V. gains from AI integration, SpectraWAVE, and a 2026 MedTech revival at a peer discount. Find out why PHG stock is a buy.

Health technology company Philips is investing more than $150 million in manufacturing and research and development in the U.S. and is expanding manufacturing facilities in Pennsylvania and Minnesota.

Philips is recovering from recall and legal issues, but profitability and growth remain subdued, especially with weak demand in China and negative cash flow. AI and digital health trends offer ...

Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that have dogged the company. The company ...

Medical device company Philips reached a settlement Monday to shell out $1.1 billion to cover hundreds of personal injury lawsuits linked to its respiration and sleep apnea machines. The manufacturer ...

Medical device maker Phillips formally entered into a consent decree that stops the company from selling sleep apnea machines in the United States over health concerns that include cancer. The decree ...

Hospitals are intimidating even for adults, but they’re particularly overwhelming for pediatric patients, millions of whom are hospitalized every year. Multinational company Philips is known in ...

Philips delivered strong order book growth and profitability improvement in the third quarter, but noted continuing subdued performance in China. The company reiterated its full-year guidance. Shares ...

This morning Royal Philips announced its plans to acquire med tech Capsule Technologies for a whopping $635 million from Francisco Partners. Capsule is best known for its suite of connected medical ...

TURIN/AMSTERDAM, Nov 30 (Reuters) - The CEO of Exor NV (EXOR.AS), opens new tab, the largest shareholder in Dutch healthcare equipment maker Philips NV (PHG.AS), opens new tab, on Thursday said he ...