Category: Press Releases

May 22, 2023

Amsterdam, the Netherlands and Nashville, TN, USA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Vanderbilt University Medical Center (VUMC), home to the top-ranked adult and pediatric hospitals in the Southeastern U.S., today announced a collaboration that aims to reduce the health system’s carbon footprint while determining a blueprint to guide industry efforts. The project is with the radiology department, where efforts will focus on measuring and addressing energy consumption of VUMC’s diagnostic imaging devices including MR, CT, ultrasound and X-ray. The two organizations plan to publish their findings with the aim of promoting knowledge exchange and enabling others in the industry to enhance their environmental strategies.

The healthcare industry is responsible for an estimated 7.6% of U.S. and 4.4% of global emissions [1]; with its heavy energy, equipment, and supply usage, radiology is a significant contributor to the CO₂ emissions responsible for climate change [2]. Philips will work with VUMC to collect a range of equipment lifecycle data, including radiology data and measurements of the equipment energy consumption, analyze operational workflow efficiency and interview VUMC staff and faculty to build computational models on which to run simulations. The teams will then summarize piloted interventions to test the reduction of the department’s carbon footprint.

“We consider climate care as healthcare. Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity, it’s also a responsibility. The future of radiology requires us to be cognizant, aware and proactive about addressing this issue which directly affects the communities we live in and the patients we treat,” said Reed Omary, MD, MS, Carol D. and Henry P. Pendergrass Professor and Chair of Radiology at Vanderbilt University Medical Center. “We have a collective responsibility to help mitigate climate change, which is why we’ve entered into this collaboration. Working together will allow us to leverage Philips’ general healthcare and specific radiology expertise – as well as their own success in achieving CO₂ net-zero operations – to make important reductions in our carbon footprint.”

In addition to financial costs for a given diagnosis, VUMC’s Department of Radiology and Radiological Sciences understands that there is also an additional carbon cost to make that diagnosis. Philips brings knowledge and a longstanding commitment to sustainability to the collaboration. Recently, Philips became the first health technology company to have its entire value-chain CO₂ emissions reduction targets approved by the Science Based Targets initiative (SBTi) with strategic action plans in place. The company has reported solid progress in reducing CO₂ emissions across its innovations and supply chain, and has operated globally carbon neutral since 2020. Philips builds on decades of experience reducing energy consumption, waste, and materials and substances usage by embedding its EcoDesign criteria and circular business models across product innovation and ways of working. Through digitalization and collaboration, the company actively seeks to expand access to care, while working closely with customers and partners to improve the environmental impact of in-use diagnostic imaging technology.

“Philips and VUMC share a common vision – that systemically addressing climate change is going to take commitment and collaboration across the industry. Philips’ 2023 Future Health Index found that nearly half of U.S. healthcare leaders are planning to overcome challenges to implementing sustainability initiatives by sharing best practices and learnings from peers,” said Jeff DiLullo, chief region leader, Philips North America. “We are optimistic that results from this partnership will not only assist Vanderbilt in its effort to understand and address carbon emissions in its own radiology department, but serve as a model for others seeking to decarbonize their operations.”

[1] https://noharm-global.org/sites/default/files/documents-files/5961/HealthCaresClimateFootprint_092319.pdf
[2] https://www.researchgate.net/publication/366649243_Climate_Change_Carbon_Dioxide_Emissions_and_Medical_Imaging_Contribution

For further information, please contact:

Avi Dines

Philips North America
Tel: + 1 781 690 3814
Email: avi.dines@philips.com

Mark Groves
Philips Global Press Office
Tel: +31 631 639 916
Email: mark.groves@philips.com

Vanderbilt Radiology Communications (please contact both):
Derek Scancarelli
Senior Communications Specialist
derek.scancarelli@vumc.org

Jackson Hicks
Associate Communications Specialist
Jackson.hicks@vumc.org

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 2022 sales of EUR 17.8 billion and employs approximately 74,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

About Vanderbilt University Medical Center
Vanderbilt University Medical Center (VUMC) is the largest comprehensive research, teaching and patient care health system in the Mid-South region, with the highest ranked adult and children’s hospitals in the Southeast by U.S. News & World Report. Based in Nashville, Tennessee, VUMC sees over 3 million patient visits per year in over 200 ambulatory locations, performs 88,000 surgical operations and discharges 80,000 inpatients from its main-campus adult, children’s, psychiatric and rehabilitation hospitals and three regional community hospitals. The Medical Center is the largest non-governmental employer of Middle Tennesseans, with nearly 40,000 staff, including more than 3,000 physicians, advanced practice nurses and scientists appointed to the Vanderbilt University faculty. For more information and the latest news follow VUMC on Facebook, LinkedIn, Twitter and in the VUMC Reporter.

Attachment

• Vanderbilt Medical Center

• Novel JEL Technology for Periocular Administration

COSTA MESA, Calif., May 22, 2023 (GLOBE NEWSWIRE) — AiViva Biopharma Inc., a clinical-stage biotechnology company, announced that it has begun a Phase 1 trial and completed dosing the first cohort of patients diagnosed with wet age-related macular degeneration (wAMD), and/or diabetic macular edema (DME).

“We are very excited to have initiated this U.S. trial,” said Diane Tang-Liu, PhD, CEO, President & Co-Founder of AiViva Biopharma. “AIV007 is a broad spectrum tyrosine kinase inhibitor, targeting the convergence of fibrosis, angiogenesis, and inflammation. We believe AIV007 coupled with our proprietary JEL technology and administered periocularly, will address the root causes of many ocular diseases.”

This Phase 1 trial is a multicenter, open-label, dose-escalation safety clinical trial. Up to 24 subjects will receive a single periocular injection and will undergo monthly evaluation for up to 6 months to assess safety, tolerability, and efficacy measured by best corrected visual acuity (BCVA).

About Age-Related Macular Degeneration and Diabetic Macular Edema
AMD is a progressive retinal disease that is the leading cause of blindness in adults over the age of 60, affecting up to 15 million U.S. people. AMD affects the macular, center portion of the retina, that is responsible for central vision and color perception. In patients with wet AMD vision loss is caused by abnormal blood vessels leaking fluid and blood into and beneath the retina.

Diabetic macular edema is manifested as retinal thickening and swelling caused by accumulation of intraretinal fluid usually due to blood sugar levels being consistently high. If untreated, chronic macular edema can lead to irreversible damage of the macula and permanent vision loss.

About AiViva Biopharma, Inc.
AiViva is a clinical stage biotech company led by a team of seasoned industry experts with proven track record in drug development and commercialization. AiViva has developed innovative approaches to address high unmet medical needs through focal therapies that target diseases of neovascularization, abnormal cell proliferation, and fibrosis. Core competencies include development of novel drugs using proprietary technologies, including JEL, in specialty therapeutic areas of ophthalmology, dermatology, urology and oncology. Please visit www.aiviva.com to learn more.

Contact:
AiViva Biopharma
office@aiviva.com

GlobeNewswire Distribution ID 8843293

• The Challenger 3500 business jet, which will be on display at the European airshow, offers customers in the region a preview of Bombardier’s eco-design vision
• The Challenger 3500 aircraft boasts the first eco app* solution available in business aviation, optimizing flight plans for a reduced environmental footprint
• Passengers benefit from the ultimate cabin experience, with striking interior design, the widest cabin in its class, the renowned Nuage seat and the highly reliable Iridium Certus connectivity

GENEVA, May 22, 2023 (GLOBE NEWSWIRE) — Bombardier will debut the award-winning Challenger 3500 business jet to the European market, as all gather at the 2023 European Business Aviation Convention and Exhibition (EBACE) in Geneva, Switzerland. The Challenger 3500 aircraft, which entered service in September 2022, is showcased in grand style alongside the industry’s flagship, the Global 7500 aircraft, and a stunning Certified Pre-Owned Challenger 605 aircraft also making its debut.

The latest evolution in the Challenger lineage is a tangible gateway to Bombardier’s eco-design vision. In the cabin, the Challenger 3500 aircraft boasts a high-end product design by proposing a selection of innovative, sustainable materials that minimize the impact on the environment. The Challenger 3500 also joins the Global 5500, Global 6500 and Global 7500 aircraft in standing alone as the only business jets in the industry to carry an Environmental Product Declaration (EPD), offering trustworthy, thorough and transparent views of their environmental footprint.

“European customers will be able to feel for themselves the high quality that is standard for our aircraft – such as in experiencing Bombardier’s illustrious Nuage seat – all while finding unique design options that are genuinely more sustainable,’’ said Jean-Christopher Gallagher, Executive Vice President, Aircraft Sales & Bombardier Defense, Bombardier. “We are very proud to open the door of the Challenger 3500 aircraft to our European customers for the very first time. This top-of-the-line aircraft demonstrates that exceptional comfort, ultimate performance and lower environmental footprint can go hand in hand.’’

The stunning aircraft interior offers a host of new technologies, including the recently announced Iridium Certus connectivity, the industry’s first voice-controlled cabin, wireless chargers throughout the cabin, and the only 24-inch, 4K displays in its class. Thanks to its perfectly crafted cabin experience, the Challenger 3500 aircraft has received multiple accolades, including the Best of the Best honor at the prestigious Red Dot Awards for Product Design in 2022.

In the flight deck, the Challenger 3500 aircraft has more baseline features than any of its competitors, with a standard auto-throttle system to further enhance the experience for Challenger pilots. The introduction of the first eco app* solution in business aviation also enables optimized flight plans, which help operators save fuel and reduces the aircraft’s environmental footprint.

Beyond its exceptional features, reliability remains the Challenger family’s landmark. With over 890 business jets of the Challenger 300 series in service worldwide, totaling more than 3.6 million flight hours and more than 2.1 million landings, this iconic aircraft family is known for its proven reliability and excellent safety record.

About Bombardier

Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Challenger, Challenger 300, Challenger 3500, Challenger 605, Global, Global 5500, Global 6500, Global 7500 and Nuage are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

* Subject to availability. Subscription fees may apply. eWAS Pilot with OptiFlight® is a solution from SITA.

Visuals related to Bombardier’s announcements at EBACE are available here.

For Information

Marie-Andrée Charron
Bombardier
+1 514-441-2598
marie-andree.charron@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b266ad7d-f3d2-4796-a4da-658366a9c609

GlobeNewswire Distribution ID 8843597

• Bombardier successfully completes initial flight testing phase on the EcoJet research project, using a model of a blended-wing-body aircraft.
• The subsequent phase of testing, focusing on flying a larger scaled model, is well underway.
• The EcoJet research project aims to develop and mature technologies to support a sustainable future for business aviation.

GENEVA, May 22, 2023 (GLOBE NEWSWIRE) — Bombardier presented the progress made on its EcoJet research project, a research platform that aims to develop technologies with the goal of reducing aircraft emissions through a combination of advanced aerodynamics and propulsion enhancements. After several years of research, the organization successfully completed its first phase of testing with a small-scale model of a blended-wing-body aircraft, representing approximately 7% of a large business jet. Bombardier is now building on the significant knowledge acquired to engage in a second phase of testing with a model twice as large, and which completed its first flight last year to pave the way for this next test campaign.

“Bombardier has taken a leadership position in the industry’s efforts to reduce its environmental footprint, and the EcoJet research project is paramount to developing the technologies that will bring us toward the goal of net zero emissions by 2050,” said Stephen McCullough, Senior Vice President of Engineering and Product Development. “We are very pleased to see the highly engaging results yielded so far and to continue our trailblazing work as we kick off the next phase of this game-changing research project. The EcoJet research project has garnered a high level of interest across the industry, and we are looking forward to mobilizing partners as we continue to define the future of business aviation.”

Bombardier’s team noted highly positive results during the design optimization loops and initial flight test campaign. Those include the deployment of a next-generation Product Lifecycle Management (PLM) platform, the confirmation of a sixth-generation transonic wing modeling capability, and the demonstration of a new aircraft control architecture.

This research and technology project aims to reduce aircraft emissions by up to 50% through a combination of aerodynamic and propulsion enhancements. Renowned for its leading expertise and ingenuity, Bombardier created the EcoJet research project to develop and mature powerful technologies to leverage in future projects, as part of its firm commitment to a sustainable future for business aviation.

On top of its comprehensive EcoJet research project, Bombardier has taken several actions as part of its roadmap toward sustainable aviation. In the last three years, Bombardier published Environmental Product Declarations (EPD) for its Challenger 3500, Global 5500, Global 6500 and Global 7500 aircraft. These extensive declarations are the result of years of scientific efforts and are meant to act as tools for the aviation industry to drive sustainable innovations across its activities spectrum. Bombardier is also using Sustainable Aviation Fuel (SAF), at a 30% blend, to cover the totality of its flight operations, utilizing the Book-and-Claim system. The initiative will create a significant gain by reducing the annual greenhouse gas emissions associated with fuel used in Bombardier’s flight operations by approximately 25%.

About Bombardier

Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Learjet, Challenger 3500, Global 5500, Global 6500 and Global 7500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

Visuals related to Bombardier’s announcements at EBACE are available here.

For Information

Christina Lemyre McCraw
Manager, Public Relations and Communications
Bombardier
+1 514 497 4928
christina.lemyremccraw@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/55113615-49ee-4b0b-9513-b2cc1e82c97c

GlobeNewswire Distribution ID 8843576

• Bombardier’s CPO program has established a dynamic premium category for customers in the pre-owned business jet market
• Customer interest has been overwhelmingly positive with several aircraft in service worldwide
• CPO aircraft carry an exclusive one-year OEM warranty* and are selected by the team, inspected and updated with refurbished interiors, latest avionics and connectivity enhancements, and freshly completed maintenance

GENEVA, May 22, 2023 (GLOBE NEWSWIRE) — Bombardier today presented for the first time its turn-key Certified Pre-Owned aircraft program (CPO) by showcasing a pristine Challenger 605 aircraft at the European Business Aviation Convention & Exhibition (EBACE). Launched in mid-2021, Bombardier is the first OEM to introduce a refurbishment and upgrade offering for business jets – a premium class of pre-owned Learjet, Challenger and Global aircraft, that are selected, inspected and updated featuring refurbished interiors, fresh paint, upgraded avionics and connectivity systems, all specifically adhering to Bombardier’s highest quality and safety standards.

The stunning Challenger 605 jet featured at EBACE aptly illustrates the attributes of the CPO program, with its immaculate new interior and paint; brand-new Collins Pro Line 21 advanced avionics in the cockpit; industry-defining cost-per-flight-hour Smart Parts Preferred and Smart Link Plus connected aircraft programs enrolled ready; and Ka-Band cabin connectivity. Customer interest in Bombardier’s CPO program is gaining momentum – and with an annual average of 460 used Bombardier aircraft transacting over the past five years, there’s a healthy pool of aircraft to bring into the program.

“Bombardier customers wanted a certified option beyond the traditional pre-owned aircraft offering and our new CPO program certainly delivers on this premise,” said Paul Sislian, Executive Vice President, Bombardier Aftermarket Services and Strategy. “As the OEM, we are uniquely positioned to provide them with a best-in-class, turn-key certified aircraft solution – a new and exciting category in the industry.”

Bombardier’s Certified Pre-Owned aircraft are fully mission-capable upon delivery: they have airframe, engine and APU program coverage, an exclusive one-year OEM warranty*, and all applicable maintenance completed. All CPO products come with a Level 3 pre-buy inspection and are completed at Bombardier facilities around the world. And under Bombardier’s Smart Services coverage programs, customers receive turnkey solutions consistent with the program available for new aircraft buyers. Smart Services coverage programs are offered for Learjet, Challenger and Global aircraft.**

To ensure interested CPO customers have the latest pre-owned information at their fingertips, Bombardier has also created a dedicated pre-owned inventory web page with well-documented spec sheets describing in detail all the modifications, upgrades and maintenance completed on its CPO aircraft. It also produces a comprehensive Bombardier Pre-owned Market Report, highlighting the latest transaction trends, pre-owned inventory saturation levels and market commentaries for all pre-owned Bombardier aircraft.

Confirming Bombardier’s Certified Pre-Owned aircraft program is gaining traction, it is now fully recognized by appraisal authorities such as Aircraft Bluebook, Vref, and AircraftPost, who now report CPO aircraft in a distinct category from other pre-owned aircraft.

*One-year warranty on the airframe. Certain conditions apply.
** May not apply to all aircraft; certain conditions apply.

About Bombardier

Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Certified Pre-Owned, Smart Parts Preferred, Smart Link Plus, Smart Services, Learjet, Challenger, Challenger 605 and Global are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.  Pro Line 21 is a trademark of Collins Aerospace.

Visuals related to Bombardier’s announcement at EBACE are available here.

For information

Matthew Nicholls
Sr. Public Affairs and Communications Advisor
Bombardier
+1 514-243-8214
Matthew.Nicholls@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/271da6d5-cbe3-405c-ac72-1f0f7aec38d6

GlobeNewswire Distribution ID 8843585