Philips shares rocket 46% as firm settles U.S. respiratory device case

Philips office building in Warsaw, Poland on July 29, 2021. Nurphoto | Nurphoto | Getty Images Philips shares soared to a more than two-year high Monday after the Dutch medical devices giant agreed a $1.1 billion settlement in the U.S. for personal injury cases linked to the recall of some of its sleep apnea devices. Millions … Read more

Google partners with Bayer on new AI product for radiologists

Google Cloud and the German health-care company Bayer on Tuesday announced they are building an artificial intelligence-powered platform that aims to help radiologists diagnose patients and work through cases more quickly.  The platform’s generative AI flags anomalies within images for radiologists to look at, and it can also pull up relevant information from that patient’s … Read more