ANDOVER, Mass.--(BUSINESS WIRE)--Royal Philips (NYSE: PHG, AEX: PHIA) today announced it has signed a five-year research alliance with the Massachusetts Institute of Technology (MIT) aimed at developing innovative HealthTech solutions to address society’s most pressing challenges in healthcare, as well as digital connected lighting systems to address the need to make cities more livable and sustainable. With a total budget of USD 25 million for the five-year term, this is the largest research a
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