Philips shares surged as the company finalized an agreement with the U.S. government over its new sleep apnea machines. The deal includes launching new safeguards following criticism over tainted breathing machines and a consent decree against Philips Respironics.
Federal Court Enters Consent Decree Against Philips Respironics Following Recall of Certain Sleep Therapy Machines https://t.co/Q5p61zG3Ir
Philips shares rise on final US deal on sleep apnea machines https://t.co/PpQpF9e2A6 https://t.co/GKsytsC2xN
Philips will launch new safeguards after years of criticism over its tainted breathing machines. Last year, ProPublica & @PittsburghPG found that the company withheld thousands of complaints for more than a decade before warning customers. https://t.co/qfGt4f1WQs
Breakingviews - US deal shrinks number of Philips’ known unknowns https://t.co/MfAKCKXTp7 https://t.co/MfAKCKXTp7
Philips announced the main terms of an agreement it reached in January with the U.S. government on its new sleep apnea machines, sending shares in the Dutch health technology firm up almost 3% on Wednesday. https://t.co/aciH6Z81AG https://t.co/aciH6Z81AG
Philips shares climb after finalizing pact with U.S. over device sales https://t.co/1Lt8dc2IW9