Since 2021, Philips has been battling a series of crises over its DreamStation machines for sleep apnea, a disorder in which breathing stops and starts during sleep. Earlier this year, the company ...

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.

Medscape Medical News, April 10, 2024 Philips Shares Rise on Final US Deal on Sleep Apnea Machines Philips announced the main terms of an agreement it reached in January with the U.S. government ...