Philips Intensifies Commitment Towards Providing Affordable Sleep and Respiratory Care in India

(Eds: Disclaimer: The following press release comes to you under an arrangement with Business Wire India. PTI takes no editorial responsibility for the same.) Announces 'No-cost EMI' scheme on Sleep & Respiratory care products New Delhi, India Business Wire India Reiterating its commitment to Sleep Health, Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology today announced a 'No-cost EMI' [1]offer on its products under the Respironics range of sleep and respiratory solutions. These solutions will assist patients suffering from Chronic Obstructive Pulmonary Disease (COPD), a lung disease with long-term breathing problems and Obstructive Sleep Apnea (OSA), a chronic condition where the patient experiences interrupted breathing during sleep. For COPD, the range of products includes Oxygen Concentrators and Non-invasive Ventilators while products for OSA include Continuous Positive Airways Pressure (CPAP) devices. Patients suffering from an overlap of both COPD and OSA will also find that the CPAP devices will help alleviate symptoms of both the diseases. Patients in India can avail this No-cost EMI offer on products for COPD and OSA by visiting outlets operated by Philips authorized partners or by calling on the toll-free number 1800 258 7678. Patients can also SMS Sleep to 58888 to benefit from this offer. Products available on No-cost EMI offerOSA CareCOPD CareSleep Therapy (CPAP)Oxygen Concentrators (OC)Non Invasive ventilatorDreamstation CPAPEverflo: Stationary Oxygen ConcentratorBIPAP AVAPSRemStar CPAPSimplyGo: Portable Oxygen ConcentratorDorma CPAPSimplyGoMini: Portable Oxygen Concentrator Commenting on the announcement, Harish R, Head of Sleep & Respiratory Care at Philips India said, Philips Respironics, a global leader in sleep and respiratory care is passionate about providing value-based solutions that lead to healthier patients and greater productivity in day to day life. While there are multiple approaches to solutions, we believe a key aspect will be to ensure that people have access to more affordable solutions for sleep apnea and COPD. Not only will this enhance quality of life, it will have a positive effect on the economy. According to Philips latest annual global survey on Better Sleep, Better Health, more than 100 million people suffer from sleep apnea globally. Above 80 percent of these people remain undiagnosed and 30 percent find it difficult to initiate and maintain sleep. Studies have established that about 7-9% Indian adult population suffer from Sleep Apnea.[2 In line with its commitment to create awareness about sleep disorders in India, Philips continue to educate people about extreme symptoms such as loud snoring, unwarranted daytime sleepiness, poor concentration and its impact on health as well as overall quality of life. [3] Studies have shown the relationship between sleep apnea and cardiovascular diseases, with people having severe sleep apnea being more likely to develop congestive heart failure.[4] As one of the leading causes of death worldwide, chronic obstructive pulmonary disease (COPD) affects more than 251 million people. While millions of people across the globe have been diagnosed with COPD, there are millions of others who remain undiagnosed, or have been labeled incorrectly with a different lung condition.[5] Philips Respironics is committed to providing one unified approach to COPD care coordinated, consistent, uninterrupted and centered around the patient. Our goal is to help reduce hospitalizations, improve patient care, maximize clinician resources and support patients in living more-active, fulfilling lives.[6] Philips sleep and respiratory solutions enable patients to rediscover their confidence and freedom to live a fulfilling life by restoring their ability to sleep and breathe better while simultaneously enabling more efficient care. The 'No-cost EMI' scheme on Sleep & Respiratory care products further demonstrates Philips efforts to ensure affordable and accessible care to patients in India. [1]*EMI stands for Easy Monthly installment*Terms & conditions apply for EMI scheme[2] Prevalence of sleep-disordered breathing and sleep apnea research in middle-aged urban Indian men by Dr Udwadia ZF, Dr AV Doshi, Dr SG Lonkar, Dr CI Singh[3] Philips marks World Sleep Day with awareness initiatives in major Indian cities[4] Philips marks World Sleep Day with awareness initiatives in major Indian cities[5] COPD is on the rise; diagnosis and management challenges remain[6] Philips showcases latest patient-driven sleep and respiratory solutions About Royal Philips Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips' health technology portfolio generated 2018 sales of EUR 18.1 billion and employs approximately 77,000 employees with sales and services in more than 100 countries. News about Philips can be found at PWRPWR