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Philips hit with consent decree over CPAP foam materials

The U.S. FDA and Department of Justice have announced a consent decree entered into district court that enjoins Philips Respironics LLC North America from manufacturing and distributing respiratory devices from three company facilities in the state of Pennsylvania.

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Philips consent decree with FDA will halt sales of sleep apnea devices

Royal Philips NV agreed with the U.S. FDA to the terms of a consent decree focused on its Respironics business, following the recall of millions of its devices over the last few years. Although the details of the decree are being finalized, Philips said it will halt the sales of new continuous positive airway pressure (CPAP) and bilevel positive airway pressure (BiPAP) sleep therapy machines as well as other respiratory care devices in the U.S. until the conditions of the decree are met.

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Philips plans to cut 6,000 more jobs amid cost-cutting push, costly recall of devices

Royal Philips NV is cutting another 6,000 jobs, or around 8 percent of the total, as the maker of medical equipment embarks on a cost-cutting push while

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