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Siemens Healthineers and Philips North America Receive $175.3 Million Funding for Stroke Treatment Research.

Aug 21, 2026•17 days ago

Contract Type

partnership

Description

Siemens Healthineers and Philips North America are awarded ARPA-H funds totaling up to $175.3 million over five years. The funding will support the development of technology aimed at providing faster stroke treatment to a larger population.

Company Information

Company

Siemens Healthineers

About

Siemens Healthineers is a prominent German multinational medical technology company that specializes in medical imaging, diagnostics, and advanced therapies. Established as a spin-off from Siemens in 2016, the company is headquartered in Erlangen and Forchheim, Germany. Siemens Healthineers became publicly traded in 2018 and was included in Germany’s DAX index in 2021. With a workforce of over 66,000, the company aims to drive innovation in healthcare, enabling providers to enhance value through precision medicine and improved patient experiences. The company offers a wide range of services across the healthcare continuum, including medical imaging technologies like MRI, CT, and ultrasound, as well as in-vitro diagnostics and advanced therapy solutions. Siemens Healthineers serves a diverse clientele, including hospitals, clinics, laboratories, and universities, operating in over 180 countries. Its technologies impact approximately 240,000 patients every hour, influencing a significant portion of critical clinical decisions. The company is committed to sustainable healthcare delivery and continues to innovate in areas such as artificial intelligence and digital data.

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