By Toby Sterling, Pablo Mayo Cerqueiro and Andres Gonzalez AMSTERDAM (Reuters) – Investment company Exor was able to build a 15% stake in Dutch healthcare group Philips without triggering the…
(Reuters) – The U.S. Food and Drug Administration (FDA) on Monday classified the recall of Philips’ respiratory machines as its most serious type, as their use could cause serious injuries…
AMSTERDAM (Reuters) – Philips, which has been struggling with a major recall of ventilators, is recalling some machines it has previously replaced, according to an FDA statement. A Philips spokesperson…
PARIS (Reuters) – A department of the Paris prosecution office has opened a preliminary criminal investigation linked to faulty Philips ventilators in June, the office said on Thursday, confirming a…
WASHINGTON – Philips RS North America LLC, formerly known as Respironics Inc., a manufacturer of durable medical equipment (DME) based in Pittsburgh, Pennsylvania, has agreed to pay over $24 million…
BOSTON – Philips North America LLC (Philips) has agreed to pay approximately $4.2 million to resolve allegations that it substituted key components of a mobile patient monitoring device called an…
AMSTERDAM – Philips shareholders voted against the company’s executive compensation plan at the annual shareholders’ meeting on Tuesday, ANP reported, in a protest over the company’s recent poor results and…
– The U.S. Food and Drug Administration (FDA) asked Dutch medical equipment maker Philips Respironics on Thursday to notify patients about the company’s recall of certain ventilators and other breathing…