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 ...

Dutch electronics company Philips has agreed to a massive $1.1 billion settlement to resolve lawsuits linked to its CPAP and ventilator machines consumers were using for sleep apnea. Consumers who ...

(Adds Q1 results in paragraphs 9-13, CEO quote in 6th paragraph) By Bart H. Meijer AMSTERDAM, April 29 (Reuters) - Dutch medical devices maker Philips said on Monday it had agreed to pay $1.1 billion ...

Royal Philips said that 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 ...

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 ...

Philips has stated that it does not admit any fault or liability. Philips disclosed the final details of a consent decree with U.S. authorities that was finalized in January. Philips beat analyst ...

Medical device company Philips reached a settlement Monday to shell out $1.1 billion to cover hundreds of personal injury lawsuits linked to its respiration and sleep apnea machines. The ...

Medical device company Philips reached a settlement Monday to shell out $1.1 billion to cover hundreds of personal injury lawsuits linked to its respiration and sleep apnea machines. The manufacturer ...

Millions of CPAP sleep apnea machines made by the medical device maker Philips and a subsidiary were found to have a dangerous problem, triggering consumer lawsuits and a massive recall in 2021.