Dutch conglomerate Philips has reached a $1.1 billion deal to resolve claims in the United States tied to more than 1 million recalled breathing machines. The devices were pulled back in 2021 amid ...

During its first-quarter earnings report this spring, Philips, the health technology ... The 2021 recall was mostly around DreamStation CPAP machines due to problems with "sound abatement foam ...

Amsterdam-based Philips in recent years has sold off subsidiaries to focus on medical care technology. Since 2021, the company has been battling a series of crises over its DreamStation machines ...