PHG - Koninklijke Philips Electronics ADR

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Koninklijke Philips N.V. operates globally as a prominent health technology company, serving markets across North America and beyond. The company organizes its operations into three key segments: Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses. Under these segments, Philips delivers a diverse array of innovative healthcare solutions. This includes advanced diagnostic imaging technologies such as magnetic resonance imaging (MRI), computed tomography (CT) systems, X-ray systems, and detector-based spectral CT solutions. Additionally, Philips offers molecular and hybrid imaging solutions for nuclear medicine, integrated interventional systems, and echography solutions tailored for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications.

Philips is also a leader in healthcare informatics, providing proprietary software that supports diagnostics and interventions, along with enterprise diagnostic informatics products and services. Beyond imaging, the company provides comprehensive acute patient management solutions, emergency care solutions, and sleep and respiratory care solutions. It also offers electronic medical record and care management solutions, enhancing operational efficiencies and patient outcomes across healthcare settings.

In the realm of consumer health, Philips is recognized for its wide range of personal health products. These include power toothbrushes, brush heads, interdental cleaning and teeth whitening products, infant feeding solutions, digital parental care products, as well as male grooming and beauty solutions. The company remains committed to innovation, evident through strategic collaborations such as its partnership with Ibex Medical Analytics Ltd. to advance digital pathology and AI solutions globally. Additionally, Philips has formed a strategic partnership with NICO.LAB to enhance stroke care through AI-powered diagnostic solutions.

Founded in 1891 and headquartered in Amsterdam, the Netherlands, Koninklijke Philips N.V. has evolved significantly from its origins as Koninklijke Philips Electronics N.V. The company's enduring commitment to technological advancement and healthcare excellence underscores its position as a trusted partner in improving health outcomes worldwide.

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