Medical device company Philips reached a settlement Monday to shell out $1.1 billion to cover hundreds of personal injury lawsuits linked to its respiration and sleep apnea machines. The ...

Since 2021, Philips has been battling a series of crises over its DreamStation machines for sleep apnea, a disorder in which ...

During its first-quarter earnings report this spring, Philips, the health technology company, announced it agreed to pay $1.1 billion in a settlement over respiration and sleep apnea machines.

treatment and patient management with mobile apps and devices like CPAP and bilevel positive airway pressure, or BiPAP, machines. “To realize Philips’ vision of ‘better care for more people ...