Philips Inks Partnerships To Reduce Mortality Rates In Congo

 | Jan 20, 2020 05:03AM ET

Philips (NYSE:PHG) recently entered into a partnership with the United Nations Population Fund (UNFPA) and the Republic of the Congo’s Ministry of Health to address the country’s high maternal and newborn mortality rates over the next five years.

A large-scale ‘Emergency obstetric and newborn care’ (EmONC) program that will reach more than 500,000 women and 70,000 newborns is being developed by the three parties to improve access to high-quality and affordable healthcare.

The main objective of the program is to manage high-risk pregnancies and complications in healthcare facilities by training midwives, and enabling timely prevention of and intervention during complications related to pregnancy and childbirth.

Health facilities in remote parts of Congo will be fitted with solar power systems and ultra-portable ultrasound and monitoring devices as part of the program.

Moreover, community health workers will be equipped with backpack outreach kits, containing key equipment to assist in childbirth and a mobile phone to get remote technical support.

Koninklijke Philips N.V. Price and Consensus

Koninklijke Philips N.V. Quote

Partnership to Aid Philips Expand Global Footprint

The partnership will allow Philips to penetrate the highly underserved healthcare market in Sub-Saharan Africa, which Zacks Investment Research

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes