Yahoo Finance

Philips Respironics agrees to $479 million CPAP settlement

One of the nation's largest makers of machines for sleep apnea sufferers has agreed to pay $479 million to compensate customers who bought the devices and suffered injuries due to foam spewing into ...
CNN

CPAP maker Philips agrees to pay at least $479 million to users over recalled devices

CPAP sleep apnea machine maker Philips Respironics agreed to pay at least $479 million in a settlement over alleged health risks from toxic sound reducing foam, lawyers for the plaintiff announced ...
Reuters

SoClean sues Philips for disparaging ozone CPAP cleaners

(Reuters) - Dutch medical equipment company Philips has been hit with a $200 million lawsuit accusing it of deceiving the public and the healthcare industry by falsely linking the problems with its ...
STAT

‘A constant information lag’: The troubled recall of Philips CPAP machines underscores flaws in device oversight

The ongoing recall of millions of breathing devices made by Philips has been botched and belabored at nearly every turn: It took more than a decade after users first reported the soundproofing foam in ...
Reuters

Philips seeks to escape economic loss claims over recalled sleep apnea machines

Plaintiffs cannot seek damages because they have no injury, company says CPAP machines and mechanical ventilators recalled over issues with foam (Reuters) - Dutch conglomerate Koninklijke Philips NV ...
NPR

As a CPAP recall drags on, sleep apnea sufferers are getting angry

WASHINGTON — A massive recall of millions of sleep apnea machines has stoked anger and frustration among patients, and U.S. officials are weighing unprecedented legal action to speed a replacement ...
CNN

Philips reaches $1.1 billion settlement for CPAP machine lawsuits, admits no fault or liability

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. The ...
STAT

The Philips CPAP nightmare exposes shortcomings in medical device regulation

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 ...
CNN

Some Philips CPAP, BiPAP machines may not work as intended, FDA says in recall

The US Food and Drug Administration issued a Class I recall Friday, the most serious type of recall, for certain Philips Respironics DreamStation1 CPAP machines. A Class I recall means the FDA has ...
FierceBiotech

Philips says recalled CPAP, BiPAP machines show low risk of harm in completed safety tests

Philips released the latest set of safety test results on Tuesday, covering all CPAP and BiPAP sleep therapy machines included in the recall—which together make up about 95% of all of the recalled ...

ResMed downgraded at Morgan Stanley on Philips re-entry and GLP-1 headwinds

ResMed (RMD) shares fell in the premarket on Wednesday after Morgan Stanley downgraded the respiratory device maker, citing headwinds from the GLP-1 class of weight-loss drugs and a potential re-entry ...