Royal Philips Electronics NV, the world’s biggest lightbulb maker, said the chief of its health care unit resigned, the latest departure in a management reshuffle led by Chief Executive Officer Frans van Houten.
Royal Philips Electronics NV won U.S. approval to sell a combination scanner that performs both PET and magnetic resonance imaging, in a competition to capture a share of the world’s biggest health-care market from incumbent General Electric Co.
Haitian Prime Minister Laurent Lamothe, Donna Karan and Sean Penn were at the Inter-American Development Bank’s Cultural Center last night for the opening of “Discover Haiti,” an exhibition of products and artwork from the beleaguered island.
Royal Philips Electronics NV aims to prove remote health-monitoring can be efficient and save cash as it competes against companies including General Electric Co. and Intel Corp. in a market that may exceed $8 billion by 2012.
Royal Philips Electronics NV , the world’s largest maker of patient-monitoring systems, said healthcare markets are returning to pre-crisis levels and growth in the U.S. is expected to be in the “low single-digits” this year.