ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Philips celebrates 1.9m liters of helium saved as it marks 1,111 helium-free MRI operations installs, expanding care to more patients in more locations

May 30, 2024

First to provide helium-free operations in 2018, Philips marks milestone during installation in Puerto Rico

Amsterdam, the Netherlands and Bayamón, Puerto Rico Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and world leader in proven helium-free [1] MRI operations, today announced the 1,111th installation of its revolutionary BlueSeal 1.5T magnet, which took place in Puerto Rico’s Vida Imaging & Breast Center (Bayamón, Puerto Rico). Beyond its economic and sustainability benefits [2], helium-free MRI operations also increase resilience in the face of the tropical storms that hit Puerto Rico every year delivering quality care to patients who may otherwise not have access to advanced MRI scanning.

“The installation of our Philips MR 5300 scanner, with a 70cm bore and equipped with the 1,111th BlueSeal magnet at Vida Imaging & Breast Center in Puerto Rico is a testament to the global adoption of our innovative technology. Since 2018, Philips has been the first to provide helium-free MR operations worldwide, improving access to better care for more patients, and we will continue to drive innovation in this space,” said Ruud Zwerink, Business Leader of MR at Philips. “BlueSeal magnet technology has proven to be the system of choice for improved diagnostic capabilities, while providing an answer to growing concerns about helium supply chain disruptions, saving approximately 1.9 million liters of liquid helium to date.”

A BlueSeal magnet’s ability to be shut down and re-energized in a controlled way, without the loss of its liquid helium coolant, means it can be up and running precisely when it is needed to treat patients. The Vida Imaging & Breast Center, which provides a wide range of medical imaging services, is a vital community asset that helps patients on the remote island of Puerto Rico receive high-quality healthcare.

“Puerto Rico has tropical storms every year. Philips BlueSeal magnet technology allows us to de-energize our MRI system to prepare the MRI department for this situation and restore operations quickly once it is safe, all from the MRI console,” said Dr. Mayra Maldonado, Owner/CEO at the Vida Imaging & Breast Center.

In the aftermath of a hurricane or other natural disaster, transport systems are disrupted, and obtaining helium, especially when transporting to remote locations, could take weeks. A conventional MRI scanner requires up to 1700 liters of liquid helium, much of which can be lost if the magnet has to be periodically shut down. A Philips BlueSeal magnet only requires a pre-load of 7 liters during manufacturing and loses none of it, even during a so-called magnet quench – a sudden loss of superconductivity in the magnet coil which rapidly boils the liquid helium. Philips’ AI-enabled [3] EasySwitch technology always ensures orderly shutdown and re-energizing of the magnet once the danger has passed.

With a magnet that is 900kg lighter than a traditional system [4], Philips MR systems equipped with BlueSeal magnets can also be installed in places that were previously unthinkable like elevated floors or indoor sites with construction limitations. This technology is even available in mobile units [5] that have the potential to expand quality access to MRI exams for patients in a more sustainable [2] way.

[1] Systems contain 7 liters of helium, fully sealed, no helium can leave the system.
[2] Compared to the Ingenia 1.5T ZBO magnet.
[3] According to the definition of the EU High-Level Expert Group on Artificial Intelligence.
[4] Compared to Philips earlier (non-BlueSeal) Ingenia 1.5T ZBO magnet.
[5] BlueSeal MR mobile unit 1.5T is considered a work in progress. It is not CE marked and not available for sale outside of the U.S.

For further information, please contact:


Kathy O’Reilly
Philips Global External Relations
Tel.: +1 978 221 8919
E-mail: kathy.oreilly@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2023 sales of EUR 18.2 billion and employs approximately 69,100 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Attachments


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.25
+2.28 (1.00%)
AAPL  269.00
+0.19 (0.07%)
AMD  258.01
-1.66 (-0.64%)
BAC  52.87
-0.15 (-0.28%)
GOOG  268.43
-1.50 (-0.56%)
META  751.44
+0.62 (0.08%)
MSFT  542.07
+10.55 (1.98%)
NVDA  201.03
+9.54 (4.98%)
ORCL  280.83
-0.57 (-0.20%)
TSLA  460.55
+8.13 (1.80%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.