Health technology company Royal Philips, launched Philips Avent Premium Connected Baby Monitor, which comes with the company's proprietary SenseIQ sleep, breathing-tracking and cry-detection and translation technologies.
A baby unit camera, parent unit and the Philips Avent Baby Monitor+ mobile app allows parents to view the baby, while SenseIQ tracking technology evaluates millions of pixels...
Qure.ai nets $65M for foundational AI
Qure.ai has raised $65 million in a Series D funding round led by Lightspeed and 360 ONE Asset.
The company said it will use its fresh funds to invest more in foundational AI models, as well as acquire complementary startups in medical technology. It will also be used to accelerate its expansion in the United States and other markets.
Early this year, the...
Philips received a warning letter from the FDA in February, which the Agency posted on Tuesday, stating that an inspection of the tech giant's manufacturing facility in Suzhou, China, that makes CT and ultrasonography systems revealed it was not in compliance with the Quality System Regulation's good manufacturing requirements.
The FDA said an inspection of the facility in October showed the...
Philips announced the launch of a new radiation-free imaging technology dubbed LumiGuide, which uses light reflections to provide 3D images of devices within the body.
LumiGuide is a device guidance tool powered by fiber optic technology that allows surgeons to visualize a device within the body without being exposed to radiation.
The tool gives surgeons access to real-time 3D device-guidance in...
Royal Philips made several announcements at RSNA23 in Chicago yesterday, including the release of its next-generation AI-enabled advanced visualization workspace, its AI Manager and the BlueSeal MR Mobile Unit.
The company's visualization workspace for health systems is an AI-powered offering aimed at improving workflows using a single platform for multiple modalities. The company said it helps...
Editor's note: This story has been updated with a comment from Philips.
Royal Philips received an additional $44.6 million from the Bill and Melinda Gates Foundation, bringing its total received to $60 million, to support the global deployment of the tech giant's AI-enabled, FDA-cleared Lumify Ultrasound System.
In 2021, Philips received an initial grant of $15.4 million from the Gates...
Philips will cut another 6,000 jobs worldwide as part of a turnaround plan after a recall of its respiratory devices and supply chain woes cut into the health tech giant's financials.
Philips said the workforce reductions will take place by 2025, with half of the cuts coming this year. The company had previously announced it would lay off 4,000 employees in October, shortly after its new CEO Roy...
Medtech companies Philips and Masimo are expanding their patient monitoring partnership to include the latter's new W1 wearable.
The collaboration allows vital sign data from the W1 watch to be sent to Philips' patient monitoring ecosystem, so clinicians can keep an eye on patients after they've been discharged from the hospital.
Masimo launched the W1 for consumer use in August. At the time,...
Dozee coming up with AI-powered ECG patch for remote cardiac monitoring
Indian medical device maker Dozee is introducing a new ECG patch device to its portfolio of remote monitoring solutions.
According to a press release, the ECG patch monitors the heart's electrical activity continuously over multiple days. It will help detect arrhythmias and other early signs of cardiac deterioration,...
Med tech giant Royal Philips is partnering with Nuvo Group to support remote pregnancy monitoring in rural areas.
The collaboration will start with a pilot program in rural Colorado using Nuvo's INVU remote monitoring system, which was cleared by the FDA last year. The companies say the program could improve access to maternity care in rural communities, where a lack of options contributes to...
