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” Philips - 2 Philips - 2 “ - 2 ” - 2 Roy Jakobs - 1 Philips Respironics - 1 They’ll - 1 Claims - 1
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2 mentions found


☆ Maker of Millions of Recalled Sleep Apnea Machines Agrees to Halt Sales in US
  + stars: | 2024-01-29 | by ( Associated Press | Jan. | At P.M. | ) www.usnews.com   time to read: +3 min
WASHINGTON (AP) — The company behind a global recall of sleep apnea machines said Monday it will stop selling the devices in the U.S., under a tentative agreement with regulators that could cost the company nearly $400 million. Philips executives disclosed the tentative agreement during a quarterly earnings update. Under terms of the agreement, Philips would continue servicing recalled machines in the U.S., but would not be able to sell new ones until meeting several corrective actions laid out by the FDA. In November, the agency issued a new warning that the machines can overheat, in rare cases causing fires. Untreated sleep apnea can cause people to stop breathing hundreds of times per night, leading to dangerous drowsiness and increased heart attack risk.
Persons: ” Philips, Roy Jakobs, Philips, “, ” Organizations: WASHINGTON, Manufacturing, Philips, Food and Drug Administration, Department of Justice, FDA . Company, FDA, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S, Pennsylvania, Canada, Australia, Israel, Chile
☆ CPAP maker Philips agrees to pay at least $479 million to users over recalled devices
  + stars: | 2023-09-08 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +2 min
New York CNN —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 Thursday. The settlement will go toward users who bought or rented the recalled devices and those who incurred out-of-pocket costs or had to reimburse users for those costs, the lawyers said. In 2021, Philips recalled about 10.8 million devices, saying the silicone-based foam they used to reduce sound and vibration can break down and can be breathed in by the user. Philips will pay awards to users for each recalled device, which range from $55.63 to $1,552.25. Philips set aside 575 million euros, or about $615 million, in the first quarter of 2023 to cover the estimated costs, the company said.
Persons: Philips Respironics, “, ”, Philips, ” Philips, They’ll, Claims, Joy Flowers Conti Organizations: New, New York CNN, Philips, Philips Respironics, CNN, FDA, ”, United States, Court, Western, Western District of Locations: New York, Western District, Western District of Pennsylvania
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