A $1 billion CPAP recall devastated Philips. The CEO’s turnaround plan involves overhauling company culture and adding a key role to the C-suite
Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims ...
Philips agrees to pay $1.1 billion settlement after wide-ranging CPAP machine recall
Medical device company Philips reached a settlement Monday to shell out $1.1 billion to cover hundreds of personal injury ...
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Philips CPAP Settlement: What to Know
During its first-quarter earnings report this spring, Philips ... and sleep apnea machines. This is the latest action over the machines, which were recalled in 2021. The 2021 recall was mostly ...