Philips has reached a $1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year guidance. The company made the disclosure as it reported a net loss for the ...

Philips reaches $479 million settlement over CPAP machine recall 00:23. Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle lawsuits ...

Medical device maker Philips announced a nearly $1.1 billion personal injury settlement over some of its CPAP, ventilators and BiPAP machines that were at the heart of a massive recall in 2021.

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.

Dutch medical products maker Philips says it has reached a $1.1bn (£877m) deal to settle lawsuits in the US relating to potentially faulty breathing devices. The settlement is expected to go some ...

Medical device maker Philips announced a nearly $1.1 billion personal injury settlement over some of its CPAP, ventilators and BiPAP machines that were at the heart of a massive recall in 2021.

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.

Dutch medical products maker Philips says it has reached a $1.1bn (£877m) deal to settle lawsuits in the US relating to potentially faulty breathing devices. The settlement is expected to go some ...

For the first quarter of 2024, Philips reported 4.1 billion euros in sales, or about $4.4 billion, for growth of 2.4%. The $1.1 billion settlement provision, or about 982 million euros, wiped out ...

A Philips Respironics System One unit, used to treat sleep apnea, in 2015. (Jasper Juinen/Bloomberg News) The stock rose some 29% in Amsterdam, its largest increase on record. The data goes back ...