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Philips Respironics In Agreement On Consent Decree With US Govt Related To Certain Recalls In 2021

Philips Respironics In Agreement On Consent Decree With US Govt Related To Certain Recalls In 2021
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Why Is Philips Stock Trading Higher Today? - Koninklijke Philips (NYSE:PHG)

Philips has finalized an agreement with US authorities and the FDA regarding the recall of Respironics ventilators. Consent decree mandates remediation prioritization and operational focus in the US. Business outlook and financial guidance remain stable.

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CPAP MDL Judge Seeks Detailed Objections to Economic Loss Settlement

CPAP MDL Judge Seeks Detailed Objections to Economic Loss Settlement
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Philips Perspective on Its Consent Decree with the DOJ

Philips confirms that its subsidiaries have now reached final agreement on the consent decree with the DOJ and FDA.

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FDA Announces Federal Court Enters Consent Decree Against Philips Respironics Following Recall of Certain Sleep Therapy Machines

/PRNewswire/ Today, the U.S. District Court for the Western District of Pennsylvania entered a consent decree of permanent injunction against Philips RS.

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