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PHG Koninklijke Philips NV

26.71
-0.11 (-0.41%)
Last Updated: 15:34:16
Delayed by 15 minutes
Share Name Share Symbol Market Type
Koninklijke Philips NV NYSE:PHG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.11 -0.41% 26.71 26.88 26.63 26.88 350,717 15:34:16

FDA Clears Philips Wearable Light Therapy Device for Psoriasis Treatment

13/07/2017 3:02pm

Dow Jones News


Koninklijke Philips NV (NYSE:PHG)
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By Razak Musah Baba

 

LONDON--Royal Philips NV (PHIA.AE) has received U.S. Food and Drug Administration clearance to market its Philips BlueControl, a wearable light therapy device to treat mild psoriasis at home.

The Dutch health-technology company obtained Europe's CE marking for the device in 2015 and has been selling it in European countries such as Germany and the U.K.

Following the FDA clearance, Philips said it would start talking with dermatologists and patient support groups in the U.S. and prepare for the commercial launch of BlueControl there in early 2018.

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

July 13, 2017 09:47 ET (13:47 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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