Reported: Philips Respironics PHG (Company)
Compiled by ScamMarketCap from public recordsHappened Jun 14, 2021United States
In June 2021 Philips Respironics recalled CPAP and BiPAP sleep apnea machines and ventilators because their sound-reducing foam could break down and particles or chemicals could be inhaled or swallowed. The FDA said 15 million devices were affected worldwide.
In September 2023 Philips agreed to settle US economic-loss claims in a deal plaintiffs' lawyers said was worth at least $479 million, and a federal court approved it in 2024. In 2024 it also agreed to pay $1.1 billion to resolve US personal injury claims and a medical monitoring class action, and paid in full in the first half of 2025. It did not admit fault or liability.
A 9 April 2024 consent decree, in a case the Justice Department brought for the FDA, barred Philips Respironics from selling new sleep and respiratory devices from several US facilities until it met the decree's requirements. Philips said in 2026 that a Justice Department criminal and civil investigation opened in 2022 was continuing.
This case file is compiled from public records and established reporting. Status as of the last update, Nov 1, 2026.
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