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Philips agrees to pay $1.1 billion settlement after wide-ranging CPAP machine recall
Philips announced a recall for millions of their Bi-Level Positive Airway Pressure (Bi-Level PAP), Continuous Positive Airway Pressure (CPAP), and mechanical ventilator devices in 2021.
Kiplinger9mon
Philips CPAP Settlement: What to Know
During its first-quarter earnings report this spring, Philips, the health technology ... which were recalled in 2021. The 2021 recall was mostly around DreamStation CPAP machines due to problems ...
A $1 billion CPAP recall devastated Philips. The CEO’s turnaround plan involves overhauling company culture and adding a key role to the C-suite
Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims ...
Modern Healthcare24d
Philips recalls remote cardiac monitoring software after 2 deaths
This is not the only recall the company is dealing with. Philips’ Respironics business has been facing issues with some of its sleep apnea products since June 2021 when it issued a recall of 15 ...