Philips Respironics receives warning letter from FDA Philips Respironics received a warning letter from the FDA regarding an adulterated device at the company's Murrysville, Pennsylvania plant. Reference Link
News For PHG From The Last 14 Days
Check below for free stories on PHG the last two weeks.
Wi-LAN enters into license agreement with Philips Wi-LAN (WILN) announced that the company's subsidiary, Open Network Solutions, has entered into a license agreement with Philips (PHG) and Philips Electronics North America Corporation. The licensed patents relate to networking capabilities of non-standard devices. The remaining terms of the license agreement are confidential.
Philips reports Q2 net income EUR 0.26 vs. EUR 0.35 last year Reports Q2 revenue EUR 5.29B vs. EUR 5.63B last year. Healthcare comparable sales decreased 4%. Consumer Lifestyle comparable sales increased by 7%. Lighting comparable sales increased 1% year-on-year.