WASHINGTON (AP) — Medical device maker Philips said Monday it will pay $1.1 billion to settle hundreds of personal injury lawsuits in the U.S. over its defective sleep apnea machines, which have been subject to a massive global recall.
The Dutch manufacturer did not admit any fault and said it reached the agreement to resolve any uncertainty over the cases. The payout also includes medical monitoring claims from patients who used the company’s devices and could be exposed to future risks.
Philips has recalled more than 5 million of breathing machines since 2021 because their internal foam can break down over time, leading users to inhale tiny particles and fumes while they sleep. Efforts to repair or replace the machines have been plagued by delays that have frustrated regulators and patients in the U.S. and other countries.
Monday’s announcement is another step toward resolving one of the biggest medical device recalls in the industry’s history, which has dragged on for nearly three years.
Related articles:
Related suggestion:
China hosts 135th Canton Fair in GuangzhouMore Southeast Asians trust Chinese firmsConsumer expo to display more new itemsTighter U.S. chip curbs prompting concernsChina thrives as center of global brand exportsPeople in traditional costumes celebrate traditional Flower Festival in FujianAI crucial to NEV supremacy, agree auto execsChina's driverless vehicles taking fast lane to successHindu devotees celebrate Durga Puja festival in DhakaEgyptian builds China's Temple of Heaven with 22,000 matchsticks
2.0704s , 6575.1015625 kb
Copyright © 2024 Powered by Philips will pay $1.1 billion to resolve US lawsuits over breathing machines that expel debris ,Global Gazetteer news portal