Philips, Gibraltar Health ink pact to advance heart care, build cardiac lab

Mar. 14, 2023 5:23 AM ETKoninklijke Philips N.V. (PHG)By: Ravikash, SA News Editor

Royal Philips (NYSE:PHG) said it entered a 16-year strategic partnership with Gibraltar Health Authority to advance radiology and cardiology patient care.
Under the agreement, building of an interventional cardiac suite (cath lab) will start later this year at the St Bernard's Hospital.
The construction and installation of the specialist equipment will take about 9 to 12 months and will also have a service agreement for ongoing maintenance of the equipment, the company added.
Philips added that the new interventional suite will bring the hospital's services up to full operating capacity, allowing more patients to receive a range of cardiology therapies and not having to travel abroad.
"For the first time, clinical staff will be able to manage acute cardiac diseases, such as heart attacks, in a purpose-built suite, whilst Philips imaging systems and informatics will enable faster scanning time and enhanced collaboration," said Mark Leftwich, Managing Director for Philips U.K. and Ireland.