Nov 05, 2018

Philips partners with Japanese startup Allm to expand its offering in emergency care solutions with mobile health applications

Tokyo, Japan – Royal Philips (NYSE: PHG, AEX: PHIA) a global leader in health technology, today announced a collaboration with Japanese healthcare informatics company, Allm Inc. to jointly develop innovative connected healthcare solutions for acute care, mobile diagnostic solutions and home care. The collaboration will focus on developing and integrating Allm’s mobile communications solutions with Philips’ emergency care and resuscitation products. As part of the agreement, Philips has acquired a minority interest in Allm.

As a global leader in emergency care and resuscitation, Philips supports professional caregivers and lay responders in quickly and effectively responding to emergencies wherever they occur. The company offers a wide range of innovative emergency care and resuscitation solutions, including automated external defibrillators (AEDs), advanced life support monitors, and data management solutions.

Allm will complement and extend this offering with next-generation technologies and medical communications platforms for acute care, mobile diagnostic solutions & home care. Allm’s offering includes the smartphone application Fast-ED, which is designed to assist ambulance and emergency responders in the field to evaluate the stroke patient condition during emergency. Allm also offers MySOS, an app for first-aid support and personal health record. MySOS helps emergency medical services achieve higher survival rates, provides a community self-help platform, and reduces the cost of medical treatment.

Together, we will be able to accelerate the digitization of Phillips' emergency care and resuscitation solutions, and to take patient-centered health management to the next level with mobile communication apps.

Hiroyuki Tsutsumi

President & CEO, Philips Japan

“This collaboration will enable us to build a close relationships with Allm, a leading pioneer in mobile health, and to speed up the development of “in-Japan-for-Japan” solutions via collaborations with local companies”, said Hiroyuki Tsutsumi, President & CEO, Philips Japan. “Together, we will be able to accelerate the digitization of Phillips' emergency care and resuscitation solutions, and to take patient-centered health management to the next level with mobile communication apps.”

“We are very pleased to partner with Philips and accelerate our mission to benefit society by launching next-generation technologies and medical communications platforms for the healthcare industry”, said Teppei Sakano, CEO of Allm Inc. “Together, we can speed up the implementation and adoption of mobile medical solutions to streamline time-critical care delivery for better clinical outcome, workflow efficiency improvement, and tangible benefits to all stakeholders.”

With more than EUR 1 billion in sales in 2017, Japan is Philips’ third largest market. Last year, Philips’ product and solutions that support people’s health, improved the lives of 38 million Japanese people.

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 generated 2017 sales of EUR 17.8 billion and employs approximately 77,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

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