Koninklijke Philips
PHG

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Judge rejects investor claim against Philips over Apnea devices

A federal judge has dismissed an investor's lawsuit against Philips regarding its recalled CPAP (Continuous Positive Airway Pressure) devices used to treat sleep apnea. The claim alleged financial losses due to the company's recall of certain CPAP machines, which were found to contain materials…

AInvest Wire · 5d ago

FDA: Aware that Philips ultrasound has a letter to customers recommending all Lumify diagnostic ultrasound systems have updated use instructions

The U.S. Food and Drug Administration (FDA) has acknowledged receipt of a communication from Philips regarding its Lumify diagnostic ultrasound systems. In the letter, Philips recommends that users of the Lumify ultrasound app update the use instructions for the device. The FDA has confirmed…

AInvest Wire · 5d ago

SA's competition commission: Alleges GE, Siemens, Philips restricted access to spare parts & technical data for medical imaging equipment repairs

The Competition Commission of South Africa has alleged that global medical imaging equipment manufacturers General Electric (GE), Siemens, and Philips have restricted access to spare parts and technical data necessary for the repair of their medical imaging equipment. These allegations form part of…

AInvest Wire · 7d ago

Senzime AB (PUBL) - Announces new non-dilutive credit facility of SEK 35 mln

Senzime AB (PUBL) has announced the establishment of a new non-dilutive credit facility of SEK 35 million, providing the company with additional financial flexibility without issuing new shares. This move follows a series of strategic financial and operational developments, including a significant…

AInvest Wire · Sep 28, 2026

Philips-led projects win ITEA awards for advancing AI-enabled healthcare innovation

On September 18, 2025, the Philips-led IWISH (Intelligent Workflow optimization and Intuitive System interaction in Healthcare) project was awarded the prestigious “ITEA Award of Excellence for Business Impact” for its contributions to improving hospital operating room efficiency through AI-enabled…

AInvest Wire · Sep 16, 2026

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