May 30, 2019 -- Amsterdam, the Netherlands and Chicago, Illinois – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, will showcase its end-to-end oncology solutions at the American Society of Clinical Oncology (ASCO) annual meeting, May 31 – June 4 in Chicago. Visitors to the Philips booth (#2122) at ASCO will experience Philips’ Oncology platform for integrated diagnostics and therapy selection to drive clinical, operational and financial benefits to achieve better health outcomes, improve patient and staff experience and lower cost of care.
In 2018, there were 18.1 million cases of cancer reported globally, accounting for 9.6 million deaths around the world [1], while the economic impact of cancer is significant and is increasing. The global growth in spending on oncology therapies will reach nearly US$200 billion by 2022, with an average growth of 10-13% [2]. As a leader in oncology care and informatics, Philips is uniquely positioned to deliver integrated oncology solutions to enable earlier and more precise diagnosis and better clinical decision-support through seamless multi-disciplinary assessment, to help care teams determine the most appropriate care for a patient to improve outcomes.
“While significant strides have been made in oncology over the past decade, treating cancer is more complex than ever before. As new data sources emerge providing input ranging from new drug options to genomics, clinicians continue to struggle to leverage the right information at the right time to develop and implement precision medicine programs for personalized cancer care,” said Louis Culot, General Manager of Oncology Informatics and Genomics at Philips. “At Philips, we’re focused on delivering intelligent, integrated oncology solutions to drive faster and more efficient precise therapies, earlier response assessment and care plan adjustment, to help improve outcomes across multiple disciplines and clinical settings.”

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Philips end-to-end oncology solutions
In Booth #2122 at ASCO, Philips will spotlight its vendor agnostic technology to enable data gathering and aggregation from any source, including external and internal labs, clinical data from the EHR, annotation from multiple providers, internal and external trial sources and more. Philips will also showcase its capabilities to provide access to top-tier expert content for oncology decision making from Dana-Farber Pathways, Academic Medical Center, which includes optional personalized therapies listing and recommended clinical trials matching according to genomic mutations. Philips is unique in facilitating oncology pathways, molecular tumor boards, and cancer care synopsis all on the same system.