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:
IAEA chief calls for "maximum restraint" over Zaporizhzhia attacksQuake death toll surpasses 15,000 in Türkiye, SyriaFoundation stone laid for SinoXinhua HeadlinesChina: Political settlement only viable way out of Ukraine crisisUN responds to devastating ferry tragedy in MozambiqueWorld Insights: Strong Mideast rapprochement signals changing regional orderAsian economy expected to increase 4.5 percent in 2024: reportHungarian parliament approves Finland's accession to NATOConvention on the Law of the Sea more relevant than ever: UN chief
1.9775s , 6574.9296875 kb
Copyright © 2024 Powered by Philips will pay $1.1 billion to resolve US lawsuits over breathing machines that expel debris ,Worldly Window news portal