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PHG Koninklijke Philips NV

26.81
0.25 (0.94%)
04 May 2024 - Closed
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
  0.25 0.94% 26.81 27.05 26.7125 27.03 1,661,672 01:00:00

Philips Gets FDA Approval for Ultrasonic Products in Covid-19 Related Cases

13/05/2020 2:42pm

Dow Jones News


Koninklijke Philips NV (NYSE:PHG)
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By Sabela Ojea

 

Koninklijke Philips N.V. said Wednesday that it has received clearance from the U.S. Food and Drug Administration to sell a range of ultrasonic solutions aimed at the control of Covid-19 related lung and cardiac complications.

The Dutch technology company said ultrasound solutions have proved their utility in imaging peripheral lung tissue affected by pneumonia, one of the potential side effects of Covid-19.

"With this regulatory clearance we can offer clear guidance to ensure safe and effective use of ultrasound... At the same time, we are investing significantly to ramp up production globally, including at our ultrasound manufacturing plants in the U.S.," said Bich Le, senior vice president and general manager of Ultrasound at Philips.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

May 13, 2020 09:27 ET (13:27 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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