Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty ...
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P hilips has reached a settlement in the US covering lawsuits relating to its faulty sleep apnoea devices, ending a ...
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.
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Philips said the settlement payments are expected to take place in 2025 and will be funded through cash flow generation.