Philips is a leader in large unpenetrated markets such as sleep obstructive apnea and electric toothbrushes, where there are significant growth opportunities. Divestments are reducing the conglomerate ...

In its Q4 earnings release on Monday, Koninklijke Philips NV (NYSE:PHG) agreed on a settlement with the FDA, primarily focusing on Philips Respironics’ business operations in the U.S. Philips ...

The U.S. Food and Drug Administration (FDA) has issued an update to a recall affecting millions of Philips sleep apnea machines, saying that they may be linked to at least 561 reported deaths. In a ...

Philips said Monday it will stop selling its sleep apnea machines in the US, more than two years after the Dutch manufacturer began recalling the breathing devices for potential health risks. The move ...

Philips Respironics issued another recall on some of its respiratory machines due to a plastic component that could potentially be contaminated with a non-compatible material. The U.S. Food and Drug ...

Philips announced on Tuesday that it won’t sell sleep apnea machines in the US after a global recall over concerns that its devices could cause cancer risks and other health problems for hapless ...

In a classic “two steps forward, one step back” situation, just as Philips is aiming to wrap up the repair-and-replace program for the 5.5 million respiratory devices it began recalling two years ago, ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today announced an update in connection with the June 14, 2021 recall notification* for specific Philips sleep and respiratory care ...

A recall of Philips’ ventilators for at-home and clinical use was given the FDA’s most serious classification after the devices were found to put users at risk of inhaling or swallowing dangerous ...

Philips has recalled sleep apnea and ventilator machines over potential health risks. PETER DEJONG AP A year after a massive recall affecting millions of Philips sleep apnea machines, people are still ...

Philips Respironics issued a warning that some of its sleep therapy masks used with its respiratory machines could pose a "risk of serious injury" to patients. Certain CPAP or Bi-Level PAP therapy ...