Royal Philips (NYSE: PHG; AEX: PHIA) and Masimo Corporation (NASDAQ: MASI) today announced a wide-ranging, multi-year business partnership involving both companies' innovations in patient monitoring and therapy solutions. The partnership includes joint marketing and sales programs in North America and certain markets in Asia and Europe for Masimo's non-invasive sensor technologies, such as its rainbow® and SET® platforms, in conjunction with Philips' patient monitoring and select therapy solutions.
At a meeting with investors and financial analysts today in London, Royal Philips (NYSE: PHG, AEX: PHIA) will provide the financial markets with an update on the company's transformation into a global HealthTech leader and the performance roadmap.
Technology used by retail giants ranging from Tesco to Argos could now save the NHS millions of pounds, as a result of a new partnership between NHS Shared Business Services (NHS SBS) and British technology company Virtualstock. NHS SBS, a Department of Health joint venture with Sopra Steria, has already saved the NHS hundreds of millions of pounds since it was set up in 2005.
In December 2015 at the 4th Conference of Partners of the European Innovation Partnership on Active and Healthy Ageing (EIP on AHA), European Commissioner Günther Oettinger (Digital Economy and Society) outlined how digital innovation, enabled by a functioning Digital Single Market, can help transform demographic change into an opportunity for Europe's economy and society.
Commissioner Oettinger invited all stakeholders to work together with the European Commission in the development of a blueprint; a "shared vision" mobilizing the major public/private sector activities and committing investments towards a large scale showcase on how innovation enabled by a