(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 ...

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 Respironics received thousands of complaints about a dangerous defect in its breathing machines but kept them secret for years as stock prices soared. The devices, including the popular ...

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 ...

Electronics giant Philips has reached a $1.1 billion settlement deal with patients who claim the firm's sleep apnea machines caused their cancers and other diseases. The Dutch company will shell ...

Philips, a leading maker of CPAP machines, has agreed to pay $1.1 billion to settle lawsuits over faulty sleep apnea devices. The company said more than 58,000 people have already registered for ...

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Dutch electronics company Philips has agreed to a massive $1.1 billion settlement to resolve lawsuits linked to its CPAP and ventilator machines consumers… ...

Diameter Capital Partners is handing back some money to clients to stay flexible amid uncertainty in a high interest-rate environment, even as the investment firm raised $1.6 billion for its debut ...