Philips Healthcare has reported a single-digit increase in sales for the fourth quarter of 2011 over the comparable 2010 fourth quarter, and the 2011 fiscal year over 2010.
Royal Philips Electronics and the VU University Medical Center Amsterdam have signed an agreement to install one of Philips’ Ingenuity Time-of-Flight (TF) PET/MR scanners at the center.
Royal Philips Electronics has received 510(k) clearance from the FDA for its whole-body PET/MR imaging system, the Ingenuity TF PET/MR. The system was on display at the 97th Scientific Assembly and Annual Meeting of the Radiological Society of North America (RSNA), Nov. 27 to Dec. 2.
Sectra has completed its mammography-modality deal with Royal Philips Electronics.
While Royal Philips Electronics reported a net loss of EUR1.35 billion ($1.91 billion)—a decline of EUR1.61 billion ($2.27 billion) compared with the 2010 second quarter—the healthcare sector experienced a sales increase of 8 percent on a comparable basis, driven by high single-digit growth in all businesses.
IBA Group, which develops cancer diagnosis and therapy technologies, and Royal Philips Electronics have entered into an agreement to create patient-centric proton therapy centers.
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