One of the world’s largest medical device company’s has been making moves to become a major player in mobile health.
Time will tell whether Royal Philips’ strategy will turn its business around. Over the first nine months of 2015, the company’s stock was one of the worst performing among large medical device companies. Focus could potentially improve after a planned separation of the company’s healthcare and lighting businesses.
Here are five recent reasons to think that Philips best days are ahead of it when it comes to healthcare:
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