Philips demonstrates innovation power, topping European Patent Office Medtech filings in 2024
Koninklijke Philips N.V. NY Registry Shares (PHG)
US:NYSE Investor Relations:
philips.com/a-w/about/investor.html
Company Research
Source: GlobeNewswire
March 25, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that in 2024 it was the leading applicant in the field of medical technology at the European Patent Office (EPO), filing 594 Medtech patent applications. This achievement underscores the company's ongoing dedication to transforming healthcare delivery by integrating informatics and AI to improve workflows, enhance the quality of care, and lower costs of care per patient.The innovations by Philips, which can boast 134 years of innovation history with its research and development programs around the globe, improved the health and well-being of nearly 2 billion people in 2024, keeping it on track towards its target of 2.5 billion lives improved in 2030.Roy Jakobs, CEO of Royal Philips said: "For more than 130 years, Philips has been at the forefront of innovations improving people’s lives. The 2024 European patent rankings show how we continue to innova
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News
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PHG
Earnings
- 11/4/25 - Miss
PHG
Sec Filings
- 11/4/25 - Form 6-K
- PHG's page on the SEC website