Philips has reached a $1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year ...

Dutch electronics company Philips has agreed to a massive $1.1 billion settlement to resolve lawsuits linked to its CPAP and ventilator machines consumers ...

The settlement comes after a yearslong legal battle concerning 15 million recalled DreamStation CPAP and other respiration ...

Medical device company Philips reached a settlement Monday to shell out $1.1 billion to cover hundreds of personal injury lawsuits linked to its respiration and sleep apnea machines. The ...

Under a related deal, users who return devices by Aug. 9 can get an extra $100. As part of the recall, the company is ...

Philips has stated that it does not admit any fault or liability. Philips disclosed the final details of a consent decree with U.S. authorities that was finalized in January. Philips beat analyst ...

Royal Philips said it has reached a $1.1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year guidance. The Dutch health-technology group said Monday that ...

Copyright 2024 The Associated Press. All Rights Reserved. FILE - The Philips Center is seen, Jan. 27, 2015, in Amsterdam, ...

Dutch medical devices maker Philips said on Monday it had agreed to pay $1.1 billion in a settlement of personal injury cases in the United States related to the global recall of ventilators used to ...

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Millions of CPAP sleep apnea machines made by the medical device maker Philips and a subsidiary were found to have a dangerous problem, triggering consumer lawsuits and a massive recall in 2021.