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

    www.aol.com/finance/1-billion-cpap-recall...

    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 issues voluntary recall for CPAP machines, ventilators

    www.aol.com/news/philips-issues-voluntary-recall...

    Jun. 15—Medical equipment company Philips has issued a recall on some products to address possible health risks associated with a foam component meant to help reduce noise. The polyester-based ...

  4. Philips (PHG) Recalls CPAP, Ventilators Used for Sleep Apnea

    www.aol.com/news/philips-phg-recalls-cpap...

    Philips (PHG) is recalling some Bi-Level PAP, CPAP, and mechanical ventilator devices in the United States due to health risks. Philips (PHG) Recalls CPAP, Ventilators Used for Sleep Apnea Skip to ...

  5. Respironics - Wikipedia

    en.wikipedia.org/wiki/Respironics

    During the pandemic, Philips conducted a series of studies on the foam, showing the deteriorating foam and chemicals released by it, which could cause "serious injury, life-threatening or permanent impairment". [2] The company said patients' health is its top priority, and regretted the "distress and concern" that the recall caused.

  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 ...

  7. Philips settles one category of U.S. claims over respirator ...

    www.aol.com/news/dutch-company-philips-reaches-u...

    AMSTERDAM (Reuters) -Philips said on Thursday it has reached a settlement to resolve one category of legal claims against it following a major recall of the Dutch medical equipment maker's sleep ...

  8. US FDA identifies recall of Philips' respiratory devices as ...

    www.aol.com/news/us-fda-identifies-recall...

    The Dutch medical devices maker started the process on March 29 and has recalled 73,000 devices in the United Sates. Philips was recalling the ventilators after detecting contaminants such as dust ...

  9. EXPLAINER-What is the impact of Philips' recall of sleep ...

    www.aol.com/news/explainer-impact-philips-recall...

    A massive recall of Philips breathing devices in 2021 due to a risk of potential injury has left physicians scrambling to find alternatives for the growing number of people who use them. Philips ...