Philips settles suits over its sleep apnea machines for $1.1 billion
Since 2021, Philips has been battling a series of crises over its DreamStation machines for sleep apnea, a disorder in which ...
Kiplinger6 个月
Philips CPAP Settlement: What to Know
During its first-quarter earnings report this spring, Philips, the health technology company, announced it agreed to pay $1.1 billion in a settlement over respiration and sleep apnea machines.
Business Insider5 年
My dad can manage his sleep apnea better now with this $335 automatic mask cleaning system
According to the American Sleep Apnea Association ... because it came with an adapter that works for both the Respironics and Philips System One, which he personally uses, but there are also ...
Morningstar9 个月
Consent Decree Curtails Philips' Sleep and Respiratory Growth for Several Years
In connected care, Philips had a significant product recall on its sleep apnea installed base in 2021, which we believe will result in a permanent loss of market share against ResMed. We see a ...
MassDevice11 天
Inspire Medical sales grow more than 30% in Street-beating Q3, full-year guidance raised
Inspire Medical Systems shares are up today on third-quarter results that came in ahead of the consensus forecast.
Investing23 天
ResMed's SWOT analysis: sleep apnea giant faces GLP-1 drug challenge
ResMed's market position is also facing pressure from increased competition. The return of Philips to the sleep apnea market is expected to limit ResMed's revenue growth potential. While ResMed ...
DutchNews.NL2 年
Roy Jakobs to take over the helm at Philips as Frans van Houten steps down
In May, 80% of shareholders voted against awarding a €1.8 million bonus to Van Houten because they were unhappy about delivery problems and issues with the company’s widely used sleep apnea machines.