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Philips strengthens collaboration with leading medical and academic institutions to work on personalized health solutions

Press releases may be edited for formatting or style | December 06, 2016

Working from space on the NYMC campus allows Philips to collaborate more closely with its innovation partners at the College and their three affiliated teaching hospitals on the Valhalla, New York campus of Westchester Medical Center Health Network (WMCHealth). WMCHealth has also launched a new precision medicine initiative for personalized cancer treatment, which will leverage Philips’ IntelliSpace Genomics solution as one of the first partners to integrate large-scale genomic analysis with extensive patient clinical data.

“In order to create technologies that can have a meaningful impact on human health and enable us to focus on building a healthy society, we need to work closely with leading healthcare institutions to co-create outcome-based solutions,” said Hans-Aloys Wischmann, Head of Philips Research Americas. “No single company will be able to create the solutions needed, it will take collaborative efforts, and we believe that working with academic institutions like New York Medical College will provide tremendous opportunities to shape a totally new approach to the delivery of healthcare.”

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About Royal Philips

Royal Philips (NYSE:PHG, AEX:PHIA) is a leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips' health technology portfolio generated 2015 sales of EUR 16.8 billion and employs approximately 70,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

About New York Medical College

Founded in 1860, NYMC is one of the oldest and largest health sciences colleges in the country with more than 1,400 students, 1,300 residents and clinical fellows, nearly 3,000 faculty members, and 16,000 living alumni. The College, which joined the Touro College and University System in 2011, is located in Westchester County, New York, and offers advanced degrees from the School of Medicine, the Graduate School of Basic Medical Sciences, and the School of Health Sciences and Practice. With a network of affiliated hospitals that includes large urban medical centers, small suburban clinics and high-tech regional tertiary care facilities, NYMC provides a wide variety of clinical training opportunities throughout the tri-state region for medical students, residents, and other health providers.

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