People who have bought, leased or rented certain Philips Respironics sleep apnea machines can now file a claim for restitution. The Dutch medical equipment maker recently agreed to pay at least $479 ...

Koninklijke Philips’ PHG fourth-quarter and 2021 results have suffered from supply-chain constraints and adverse impact of the Respironics recall. The company now expects fourth-quarter sales to be €4 ...

A company that makes breathing masks for people with sleep apnea has agreed to pay $34.8 million to settle claims it paid kickbacks to suppliers that sold its products.Philips Respironics Inc. of ...

One of the nation's largest makers of machines for sleep apnea sufferers has agreed to pay at least $479 million to compensate customers who bought the devices. Philips Respironics and Koninklijke ...

Shares of medical giant Philips surged Monday after the company announced that it paid over a billion dollars to settle personal injury claims tied to its recalled sleep apnea devices. Philips ...

Philips has reached a $1.1 billion agreement to settle claims from about 58,000 people stemming from its yearslong recall of home CPAP ventilators and sleep apnea machines. It’s a major milestone in ...

(RTTNews) - Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) reported that its first quarter net loss attributable to shareholders widened to 999 million euros or 1.10 euros per ...

The manufacturer, Philips Respironics, said it would compensate users of CPAP machines and other flawed devices that were recalled after they blew bits of foam into consumers’ mouths and lungs. By ...

Millions of Americans’ bedtime routine includes wearing a mask attached to a respiratory machine that pushes air into their lungs, supporting their breathing during sleep. These airway pressure ...

The FDA posted an alert April 13 over Philips Respironics’ website’s claim of shipping 2.46 million “new replacement devices and repair kits” after a summer 2021 recall involving millions of ...