Sleep apnea machine maker Phillips formally entered into a consent decree stemming from recalled machines Tuesday. The ...
Philips (NYSE: PHG) today announced a final agreement on a consent decree with the FDA and U.S. Dept. of Justice (DOJ).
A U.S. federal court has officially ordered Philips to restrict the production and sale of its CPAP and BiPAP ventilators for ...
Philips announced the main terms of an agreement it reached in January with the U.S. government on its new sleep apnea ...
A consent decree signed Tuesday required Philips Respironics to stop making and selling most of the sleep and respiratory ...
Under the agreement, the FDA will use rare powers to require repairs, replacements or refunds for recalled respiratory machines.
Philips said the costs of the consent decree led to a provision of 363 million euros in the fourth quarter of 2023, and were ...
Decree comes amid the FDA’s 2021 inspection of Philips’ Murrysville facility and the subsequent voluntary recall of its sleep ...
Federal Court Enters Consent Decree Against Philips Respironics Following Recall of Certain Sleep Therapy Machines ...
Subsidiaries of Philips, Philips Holding USA and Philips Respironics, agreed with the Justice Department and FDA's consent decree. The company also agreed with the recall remediation plan, which ...
Philips Respironics must hire an independent safety expert, undergo regular facility inspections for at least five years and ...
Jamie Dimon warned two years ago that storm clouds and a hurricane were brewing in the US economy. The JPMorgan Chase CEO, one of the most closely followed figures across the globe for his views on ...