Since 2021, Philips has been battling a series of crises over its DreamStation machines for ... of the devices made by subsidiary Philips Respironics. Philips said in a statement Monday that ...
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 ...
Philips and Philips Respironics will pay $1.1 billion to settle personal injury litigation in the United States in connection to the issues over its sleep therapy devices. The settlement ...
Shares of medical giant Philips surged Monday after the company announced that it paid over a billion dollars to settle personal injury claims tied to its recalled sleep apnea devices. Philips ...
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.
Royal Philips said it has reached a $1.1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year guidance. The Dutch health-technology group said Monday that ...
The 2021 recall was mostly around DreamStation CPAP machines due ... The company says: "Philips and Philips Respironics do not admit any fault or liability, or that any injuries were caused ...