CEO: Triple Headwind Cannot Blow Philips Off Strategic Course
Customers are looking beyond sleep recall issue
Frans van Houten has promised a summer update on Royal Philips’ medium-term outlook after the company was hit from all sides in late 2021. He expects the resulting headwinds to persist into early 2022.
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Philips Trilogy Evo Ventilators, Repair Kits Recalled Because Supplier Used Nonconforming Foam
Specific Trilogy Evo ventilators and their repair kits have been recalled because a Philips supplier incorrectly used polyester-based polyurethane (PE-PUR) foam, a nonconforming material, in the manufacture of their muffler assembly. The US FDA gave the recall a high-risk designation on 26 January.
Philips Releases Toxins Testing Results For Recalled DreamStation Breathing Device
Royal Philips says a first round of testing on its first generation DreamStation has found that the level of volatile organic compounds (VOCs) put off by the recalled device “is not typically anticipated to result in long-term health consequences for patients.”
Interview: Royal Philips’ Journey From Medtech Supplier To Healthtech Partner
Health care delivery has been transformed over the past decade, and so has Royal Philips, whose CEO Frans van Houten explains why both were necessary, and the extra impetus for system-wide change following the COVID-19 pandemic.