WASHINGTON (NEWSnet/AP) — Medical device manufacturer Philips said Monday it will pay $1.1 billion to settle hundreds of personal injury lawsuits in connection with its defective sleep apnea machines.
The devices have been part of a global recall.
The Netherlands manufacturer did not admit fault and said it reached the agreement to resolve 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 risk.
Philips has recalled more than 5 million of breathing machines since 2021, because their internal foam can erode, leading users to inhale tiny particles and fumes while they sleep. Efforts to repair or replace the machines have been plagued by delays.
Earlier this month, the company reached a settlement with the U.S. government that requires an overhaul of manufacturing approach to sleep apnea devices.
The agreement also requires the company to replace or reimburse patients for recalled machines.
Follow NEWSnet on Facebook and X platform to get our headlines in your social feeds.
Copyright 2024 NEWSnet and The Associated Press. All rights reserved.
Leave a Comment