Philips and the Governments of Ethiopia and the Netherlands Sign Seven-Year Agreement to Build Ethiopia's First Specialized Cardiac Care Center

Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and the governments of Ethiopia and the Netherlands, today signed a seven-year agreement to build Ethiopia's first specialized Cardiac Care Center to address the critical shortage of cardiology services in Ethiopia. Under the terms of the agreement, valued at approximately 40 million euro, Philips will be responsible for the full turnkey design, construction, equipping and commissioning of the hospital location, as well as staff education and equipment maintenance for five years after completion.
Source: eHealth News EU - Category: Information Technology Tags: Featured Philips Business and Industry Source Type: news