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Why Sanofi Leads the way on Healthcare Sustainability

How French multinational Sanofi is ensuring delivery of essential medical supplies while being ESG-compliant ....

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Philips CEO: China business, supply chain undergoing major changes -October 19, 2023 at 08:27 am EDT

Making more products for
China locally and buying chips from several suppliers are just
two of the supply chain changes Dutch healthcare technology firm
Philips is making due to rising trade tensions,. ....

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Philips CEO: China business, supply chain undergoing major changes

Making more products for China locally and buying chips from several suppliers are just two of the supply chain changes Dutch healthcare technology firm Philips is making due to rising trade tensions, its CEO Roy Jakobs told Reuters. The company intends to ensure that 90% of products for the Chinese market are sourced and assembled in China by 2024 - up from 75% at present and 48% in 2022. "Before we were all seeking the optimal global supply chain efficiency," he said. ....

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Philips to cut 4,000 jobs amid net loss related to recalls, declining sales

MedTech industry news ....

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Stocks Making the Biggest Moves Midday: Moderna, Pepsi, Lyft and More

These are the stocks posting the largest moves midday. ....

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