Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that have dogged the company. The company ...

MURRYSVILLE, Pa. Respironics on Friday announced a definitive merger agreement with Royal Philips Electronics, which will commence a tender offer to acquire all of the outstanding shares of ...

PITTSBURGH (KDKA) -- Workers at Phillips Respironics, which has employees at multiple locations all throughout the Pittsburgh region, received some bad news this week. The company officially announced ...

Philips appears to have completed its Christmas shopping with a planned $5.1 billion purchase of home medical equipment supplier Respironics. The acquisition - the fourth in recent weeks for the Dutch ...

Shares of medical giant Philips surged Monday after the company announced that it paid over a billion dollars to settle personal injury claims tied to its recalled sleep apnea devices. Philips ...

A company that makes breathing masks for people with sleep apnea has agreed to pay $34.8 million to settle claims it paid kickbacks to suppliers that sold its products.Philips Respironics Inc. of ...

Please provide your email address to receive an email when new articles are posted on . In June 2021, Philips Respironics recalled 15 million ventilators, bilevel positive airway pressure machines and ...

Amsterdam, the Netherlands - Following the FDA’s inspection of Philips Respironics’ facility in Murrysville in 2021 and the subsequent inspectional observations, the US Department of Justice (DOJ), ...

Millions of Americans’ bedtime routine includes wearing a mask attached to a respiratory machine that pushes air into their lungs, supporting their breathing during sleep. These airway pressure ...

Thanks to Gerald McGinnis, millions of people across the world can breathe easier. The international businessman and founder of Respironics, which created the first machine to treat sleep apnea, died ...

March 23 (Reuters) - Respironics Inc has agreed to pay $34.8 million to settle U.S. Department of Justice claims that it provided kickbacks in the form of free call center services to suppliers, to ...