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  2. A $1 billion CPAP recall devastated Philips. The CEO ... - AOL

    www.aol.com/finance/1-billion-cpap-recall...

    Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims stemming from a recall in 2021 of millions of its breathing machines like ...

  3. Philips issues voluntary recall for CPAP machines, ventilators

    www.aol.com/news/philips-issues-voluntary-recall...

    Jun. 15—Medical equipment company Philips has issued a recall on some products to address possible health risks associated with a foam component meant to help reduce noise. The polyester-based ...

  4. EXPLAINER-What is the impact of Philips' recall of sleep ...

    www.aol.com/news/explainer-impact-philips-recall...

    A massive recall of Philips breathing devices in 2021 due to a risk of potential injury has left physicians scrambling to find alternatives for the growing number of people who use them. Philips ...

  5. Product recall - Wikipedia

    en.wikipedia.org/wiki/Product_recall

    Product recalls are one of a number of corrective actions that can be taken for products that are deemed to be unsafe. The recall is an effort to limit ruination of the corporate image and limit liability for corporate negligence, which can cause significant legal costs. It can be difficult, if not impossible, to determine how costly can be ...

  6. Philips (PHG) Recalls CPAP, Ventilators Used for Sleep Apnea

    www.aol.com/news/philips-phg-recalls-cpap...

    Philips (PHG) is recalling some Bi-Level PAP, CPAP, and mechanical ventilator devices in the United States due to health risks. Philips (PHG) Recalls CPAP, Ventilators Used for Sleep Apnea Skip to ...

  7. FDA recall policies - Wikipedia

    en.wikipedia.org/wiki/FDA_recall_policies

    FDA's role under the guidelines is to monitor company recalls and assess the adequacy of a firm's action. After a recall is completed, FDA makes sure that the product is destroyed or suitably reconditioned and investigates why the product was defective. Generally, FDA accepts reports and other necessary recall information submitted by e-mail.