FROM SHADYSIDE TONIGHT. PHILIPS REIS RUN ROAD RECALLED MILLIONS OF CPAPS BIPAPS AND VENTILATORS AFTER THE FDA SAID FOAM INSULATION INSIDE THOSE MACHINES WAS A HEALTH RISK. BUT IN A LAWSUIT, PHILIPS ...

Three years after one of the largest medical device recalls in history, the fallout – health-wise and financial – continues to impact many patients with sleep apnea. Now a critical deadline is ...

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Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims stemming from a recall in 2021 of millions of its breathing machines like CPAPs ...

“Philips RS has spent hundreds of millions of dollars toward this recall and would have pursued a different and more focused recall had PSN not made its serious mistakes and greatly overestimated the ...

Technology company Philips plans to cut an estimated 5% of its workforce, about 4,000 positions, due to losses caused by the recall of a sleep apnea product as well as supply chain issues, according ...

Philips has transformed into a healthcare technology company but faces challenges from a massive respirator recall impacting reputation, sales, and stock valuation. Despite past struggles, Philips is ...