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 ...

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 ...

(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 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 ...

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 ...

DUTCH medical devices maker Philips said on Monday (Apr 29) it had agreed to pay US$1.1 billion in a settlement of personal injury cases in the United States related to the global recall of ...

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.