financetom
Business
financetom
/
Business
/
Royal Philips Enrolls First Patient in Trial for New Peripheral Artery Disease Catheter
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Royal Philips Enrolls First Patient in Trial for New Peripheral Artery Disease Catheter
Nov 4, 2024 11:09 AM

11:43 AM EST, 11/04/2024 (MT Newswires) -- Royal Philips (PHG) said Monday it enrolled the first patient in a clinical trial, studying a new catheter that combines laser atherectomy and intravascular lithotripsy for treating peripheral artery disease.

The Cardiovascular Institute of the South in Louisiana successfully treated a 78-year-old man with peripheral vascular disease using the new Philips laser catheter, the company said.

The trial aims to enroll up to 155 patients at 30 US sites.

The study's primary endpoints are freedom from major adverse events within 30 days and achieving 50% or less residual stenosis after the procedure, with a 12-month patient follow-up, the company said.

Shares of Royal Philips were up 2.6% in recent trading.

Price: 27.19, Change: +0.70, Percent Change: +2.62

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Wellington-led funding boosts Vanta's valuation by 69% in a year
Wellington-led funding boosts Vanta's valuation by 69% in a year
Jul 23, 2025
(Reuters) -Online security and compliance management platform Vanta was valued at $4.15 billion in its latest fundraising round, up from $2.45 billion just a year ago, as investor appeal of risk-mitigating software rises in tandem with cyber attacks. The $150 million Series-D round, led by new investor Wellington Management, brings Vanta's total external funding to $504 million, Vanta said on...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Freeport-McMoRan Q2 Adjusted Net Income, Revenue Rise
Freeport-McMoRan Q2 Adjusted Net Income, Revenue Rise
Jul 23, 2025
08:15 AM EDT, 07/23/2025 (MT Newswires) -- Freeport-McMoRan ( FCX ) reported Q2 adjusted net income Wednesday of $0.54 per share, up from $0.46 a year earlier. Analysts polled by FactSet expected $0.45. Revenue for the quarter ended June 30 was $7.58 billion, up from $6.62 billion a year earlier. Analysts surveyed by FactSet expected $7.19 billion. ...
Apple, Google Told to Improve Competition in Britain
Apple, Google Told to Improve Competition in Britain
Jul 23, 2025
08:15 AM EDT, 07/23/2025 (MT Newswires) -- Apple ( AAPL ) and Google ( GOOG ) have been proposed to be designated with 'Strategic Market Status' by Britain's Competition and Markets Authority in each of their mobile platforms and has published separate roadmaps of potential actions to improve competition. A statement by the Competition body said this move follows findings...
Copyright 2023-2026 - www.financetom.com All Rights Reserved