Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty ...
Philips said the settlement payments are expected to take place in 2025 and will be funded through cash flow generation.
Dutch manufacturer Philips has agreed to pay $1.1 billion to settle lawsuits regarding some models of its devices to treat ...
During its first-quarter earnings report this week, Philips, the health technology company, announced it agreed to pay $1.1 ...
Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle lawsuits ...
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 ...
Philips’ market valuation still remains 35% lower than before the start of the issues, which have seen the company swap out its chief executive officer and cut 10,000 positions to save costs.
After a 2023 inspection, the FDA found three unreported field corrections related to CT machines and 19 other recalls of radiology devices.
(MENAFN- ForPressRelease) New Delhi, May 3, 2024: Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology and ...
The best value bundle and a great buy if you want to dip your toe into the world of smart lights is this Philips Hue Bulbs (2 ...