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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. Philips shares surge on US recall settlement news - AOL

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    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 ...

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

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    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 ...

  7. 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 ...

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  9. US FDA says 561 deaths related to Philips machines ... - AOL

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    Earlier this week, Philips said it would not sell new devices to treat sleep apnea in the U.S. in the coming years as it works to comply with a settlement with the FDA.Philips said it had reached ...