Philips will pay at least $613 million to settle economic lawsuits related to its recall of millions of CPAPs and other ...
Sleep apnea machine maker Phillips formally entered into a consent decree stemming from recalled machines Tuesday. The ...
The settlement comes nearly three years after the company acknowledged that an industrial foam fitted inside its machines ...
Federal Court Enters Consent Decree Against Philips Respironics Following Recall of Certain Sleep Therapy Machines ...
Philips announced the main terms of an agreement it reached in January with the U.S. government on its new sleep apnea ...
After a 2023 inspection, the FDA found three unreported field corrections related to CT machines and 19 other recalls of radiology devices.
Decree comes amid the FDA’s 2021 inspection of Philips’ Murrysville facility and the subsequent voluntary recall of its sleep ...
Under the agreement, the FDA will use rare powers to require repairs, replacements or refunds for recalled respiratory machines.
Philips said the costs of the consent decree led to a provision of 363 million euros in the fourth quarter of 2023, and were ...
Koninklijke Philips NV (NYSE:PHG) said it reached a final agreement with the U.S. Justice Department and FDA regarding a ...
ResMed (NYSE: RMD) shares ticked up after hours on third-quarter results that came in ahead of the consensus forecast.
Hello, and welcome to the Q3 Fiscal Year 2024 ResMed Earnings Conference Call. My name is Kevin, and I'll be your operator for today's call. (Operator Instructions) Please note that this conference ...