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op Saturday 21 May 2022
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(ABM FN-Dow Jones) The United States Food and Drug Administration reported 124 deaths between April 2021 and April this year that may be related to Philips’ sleep apnea devices. This was reported by the regulator last week.
A total of 21,000 medical incidents were reported to the FDA by doctors and patients, the FDA said.
The DreamStation devices contain a foam to muffle the noise of the machines. Small particles of it may be emitted, which can irritate the respiratory tract. The released gases can also be toxic or possibly even cause cancer.
In Q1 earnings last month, Philips reported having replaced or repaired 2.2 million ventilators.
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Bron: ABM Financial News
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From Beursplein 5, the editors of ABM Financial News keep a close eye on developments on the stock exchanges, and the Amsterdam stock exchange in particular. The information in this column is not intended as professional investment advice or as a recommendation to make certain investments.
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The foam was FDA approved. Philips can never be told that people have cleaned their device, against the instructions for use, with ozone.
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Blanco rolling wrote down 21 mei 2022 16:42:
The foam was FDA approved. Philips can never be told that people have cleaned their device, against the instructions for use, with ozone.
–You are right until your last clause: this is the US. The fact that Philips is European doesn’t help either. These are going to be thick and expensive claims. Just like the roundup case of Bayer, there is also something rattling in terms of proof.
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DaanvanO wrote down 21 mei 2022 17:57:
Oefff
–Just a really big feat
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Bye bye Philips!
There was once ……………
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hundreds of thousands of people have survived thanks to this device. Dirty claim culture…
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The big question will continue for at least ?perhaps for years to come, how many people have actually died with certainty from sleep abnea equipment use, an unimaginable number of claims have been made by parties hoping to receive confirmation that Philips will be responsible for this stated , and there exists
so far no certainty about this, with the result that the price of Philips can go in all directions for the time being
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