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  2. A $1 billion CPAP recall devastated Philips. The CEO’s ...

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    Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims stemming from a recall in 2021 of millions of its breathing machines like ...

  3. Philips will pay $1.1 billion to resolve US lawsuits over ...

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    Medical device maker Philips said Monday it will pay $1.1 billion to settle hundreds of personal injury lawsuits in the U.S. over its defective sleep apnea machines, which have been subject to a ...

  4. CPAP maker Philips agrees to pay at least $479 million to ...

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    CPAP sleep apnea machine maker Philips Respironics agreed to pay at least $479 million in a settlement over alleged health risks from toxic sound reducing foam, lawyers for the plaintiff announced ...

  5. 561 deaths linked to recalled Philips sleep apnea machines ...

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    A 2021 recall of Philips breathing devices is related to 561 deaths, the U.S. Food and Drug Administration said Wednesday. 561 deaths linked to recalled Philips sleep apnea machines, FDA says Skip ...

  6. Philips shares surge on US recall settlement news - AOL

    www.aol.com/news/philips-pays-1-1-billion...

    AMSTERDAM (Reuters) -Philips shares surged 35% early on Monday as the medical devices maker announced a smaller-than-expected settlement to resolve claims over recalled breathing devices in the ...

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  8. Maker of recalled sleep apnea machines agrees to halt ... - AOL

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    The company behind a global recall of sleep apnea machines said Monday it will stop selling the devices in the U.S., under a tentative agreement with regulators that could cost the manufacturer ...

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