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

    www.aol.com/cpap-maker-philips-agrees-pay...

    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 ...

  3. 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 ...

  4. Recall: Popular Sleep Apnea Machines Linked to Over 500 Deaths

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    Last week, the U.S. Food and Drug Administration (FDA) announced that previously recalled sleep apnea machines have now been tied to the deaths of over 550 people. In June 2021, the FDA first ...

  5. Respironics - Wikipedia

    en.wikipedia.org/wiki/Respironics

    Months after the recall, Philips said that tests showed the chemicals released by the foam were within safe levels. [2] The company announced a new CPAP machine in April 2021, and soon after admitted that the foam it had used previously had been breaking down in an earnings call.

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

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    Philips said it had agreed to pay $1.1 billion to settle all personal injury claims filed in the U.S., ending uncertainty that had slashed its market value over the past three years.

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  9. These machines to help people breathe were recalled a year ...

    www.aol.com/news/machines-help-people-breathe...

    Matthew Stone, 61, was using a Philips CPAP machine for sleep apnea, but fell back on an older device from another manufacturer due to the recall. (Allen J. Schaben / Los Angeles Times)