Philips may be looking to bring an end to its ongoing plight of medical device recalls through a possible settlement agreement with the Department of Justice .
Philips told investors on Monday that it is in confidential discussions with the U.S. Department of Justice regarding a possible agreement related to the company’s massive recall of sleep apnea and ventilator machines.
Philips is recalling millions ventilators and sleep apnea devices because the foam used to dampen the machines’ sound can degrade due to high heat and humidity and/or ozone-based cleaning, and emit small particles that irritate airways. Gases released by the degrading foam may also be toxic or carry cancer risks.
Philips has said the recall includes specific continuous positive airway pressure (CPAP) devices, bi-level positive airway pressure (bi-level PAP) devices, and mechanical ventilators. The recall does not include the company’s new DreamStation 2 CPAP device.
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