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Philips demonstrates innovation power, topping European Patent Office Medtech filings in 2024
In 2024, Philips led Medtech patent applications at the European Patent Office with 594 filings. The company's innovations improved the health and well-being of nearly 2 billion people in 2024, and Philips invested approximately EUR 1.7 billion in research and development. Philips also contributed 1,231 European patent applications across various domains, the most of any Dutch company, and was included in the Clarivate Top 100 Global Innovators 2025.
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