Philips (China) Investment Co., Ltd., founded in 1976, was originally owned by Wellcome in the United States, acquired by Philips Group in December 2007, and is a large-scale manufacturer of sleep disorder diagnosis and treatment instruments and non-invasive ventilators in the world
Philips Wellcome, formerly known as Wellcome Inc., was founded in 1976 and headquartered in Pittsburgh, Pennsylvania, USA.In December 2007, it was acquired by Philips Group, and Wellcome is now part of the medical division of Royal Philips of the Netherlands, renamed "Philips Wellcome".Wellcome is a leading supplier of innovative solutions to the global sleep disorder and respiratory medical device markets. Its success is deeply rooted in its creativity and passion for satisfying people's needs. For Philips Wellon, a tradition of innovation combined with the ability to anticipate market needs is crucial. This makes Philips Wellcome a globally recognized leading company in the sleep disorders and respiratory medical devices market.
Philips Wellon's success can be attributed in part to its ability to anticipate the needs of the markets it serves and to provide a range of solutions to meet the challenges of the market. The company is considered an expert in the core areas of sleep and breathing, and is very active in developing promising opportunities, such as drug delivery by respiratory route, finding ways to help "problem sleep patients", and educational programs to help caregivers in neonatal intensive care centers care for preterm and neonatal patients.
Philips Wellcome can be divided into three groups in terms of organizational structure: sleep and home breathing group, hospital group, and international group. This decentralized business structure helps to ensure that the company's resources can effectively meet specific market needs. Each group has a comprehensive understanding of their market – from current healthcare business challenges to future emerging technology opportunities, as well as exploring the sleep and breathing market beyond traditional ones. Within each group, there are three separate business units, each with a specific mandate, either to expand an existing business or to develop new and emerging markets. Each business unit is empowered to innovate and solve problems, contributing to the strengthening of the company by providing a wide range of solutions to the global markets it serves.
