Amsterdam, the Netherlands - Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it was named a 2017 Clarivate Analytics Top 100 Global Innovator. Clarivate Analytics’ (formerly known as the Thomson Reuters Intellectual Property & Science business) annual report highlights the world’s most successful organizations in terms of their active innovation through research and development, protection of intellectual property (IP), and the achievement of commercial success. Philips has been on this prestigious list for the last five years.
"We are pleased and honored to once again be recognized as a Top 100 Global Innovator by Clarivate Analytics, as it underlines our commitment to innovation," said Frans van Houten, CEO Royal Philips. "Our EUR 1.7 billion global R&D program and strong intellectual property portfolio fuel our ability to deliver integrated solutions that improve people's health and drive profitable growth for the company."