AMSTERDAM – Royal Philips has launched of its first global startup collaboration program involving Philips’ innovation hubs in the U.S., the Netherlands, India and China to focus on the application of artificial intelligence in health care. The company has selected 19 early stage startups for the incubator program, which will center on radiology, ultrasound and oncology. “We are already working closely with clinical partners to develop AI-enabled solutions that are grounded in scientific research and validated in clinical practice,” said Alberto Prado, head of Philips Healthworks, in a statement. “This new collaboration program recognizes the role that startup companies play in bringing breakthrough health care innovations to the market.” During the 12-week program, Philips will engage with the startups, aiming to validate their propositions; help to build, test and scale their ideas; and explore possible collaborations.
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