Philips settles suits over its DreamStation sleep apnea machines for $1.1 billion
Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty ...
Philips agrees to pay $1.1 billion settlement after wide-ranging CPAP machine recall
The settlement comes after a yearslong legal battle concerning 15 million recalled DreamStation CPAP and other respiration ...
Philips Settles US Sleep Machine Cases For $1.1 Billion
Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that has rocked the company.
ProPublica25d
After CPAP Recall, Philips Must Institute New Safeguards in Agreement With U.S. Justice Department
Philips Respironics received thousands of complaints ... The devices, including the popular DreamStation for sleep apnea, went to children, the elderly and veterans before the global giant ...
The Indianapolis Star4d
Philips agrees to pay $1.1 billion settlement after wide-ranging CPAP machine recall
The issues have largely surrounded the brand's popular DreamStation CPAP ... injury settlement comes after several other hits to Philips Respironics' pockets in recent years.
IndustryWeek4d
Philips Settles US Sleep Machine Lawsuits for $1.1 Billion
Philips said the settlement payments are expected to take place in 2025 and will be funded through cash flow generation.