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 ...

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 ...

Orders accelerated, margins expanded, and cash flow held up despite tariffs and the long shadow of Respironics.

The U.S. Food and Drug Administration (FDA) has ordered a software recall for a type of ventilator, for fear of "serious injuries or death." The ventilators—the Philips Respironics, Inc. Trilogy EVO, ...

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 ...

Based in Tampa, Florida, Virginia Pelley is a former women's magazine editor who has written health and fitness content for Men's Journal, Cosmopolitan magazine, the Chicago Tribune, ...

Koninklijke Philips N.V. stock was upgraded from sell to hold in April 2023, jumping 28% due to a settlement regarding apnea devices. Despite a €982 million settlement provision for Respironics, ...

Philips Respironics, a medical manufacturer that produces ventilators and related breathing equipment, is increasing production and hiring assemblers at its Murrysville and Upper Burrell plants to ...

Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. Philips on Friday said it would buy Respironics, the US medical equipment maker specialising in sleep therapy, ...