Philip II himself briefly ruled parts of Syria in the 60s BC, as a client king under Pompey.
No coins of Philip II are known, which is unusual for Seleucid rulers (the ephemeral Seleucus V Philometor is the only other king for whom this is the case).
Philip may have survived his deposition: a Seleucid prince Philip is mentioned as a prospective bridegroom to queen Berenice IV of Egypt, sister of Cleopatra VII in 56 BC.
The union was, however, blocked by the Roman governor of Syria Aulus Gabinius who forbade Philip II to accept the offer and probably had him killed soon after that; Berenice eventually married Philip's cousin Seleucus VII Philometor, only to later have him killed for his lack of manners.
Philip himself was indeed an insignificant pawn, but with him ended eleven generations of Seleucid kings, arguably some of the most influential rulers of the Hellenistic world.