Sleep Apnea Scare: Philips Reaches $1.1 Billion Deal to Settle Lawsuits
The Netherlands-based medical device manufacturer, Philips, recently announced a $1.1 billion settlement in the United States to address lawsuits related to faulty sleep machines. The settlement comes after a series of issues with the company’s DreamStation machines, which are used to treat sleep apnea, a condition characterized by interrupted breathing during sleep. In response to the crisis, Philips halted new sales of the machines in the US earlier this year following recalls of devices made …