Philips’ sales declined by 7.6 percent in the third quarter of this year compared to a year earlier. In total, the company achieved a turnover of 4.2 billion euros. Philips expects annual sales and profits to be lower than initially expected. A major reason for this is the extensive recall of sleep apnea devices that may be unsafe, Philips announced on Monday. in a statement. In September, the Eindhoven company started replacing thousands of apnea machines, because particles of plastic foam may end up in the lungs of the users.
Also read: The uncertainty about the risks of Philips apnea devices will remain for users for a while
The company has been selling the sleep apnea machines for more than a decade. A recall has now been launched worldwide, for which half a billion euros has been set aside. Some 3 to 4 million machines have been sold in more than 130 countries in the past year. There are about 50,000 users of the device in the Netherlands. In sleep apnea, the airways close during sleep, which can cause breathing to falter. The Philips device blows air into the user’s mouth and nose through a mask, reducing pauses during sleep.
In August, the US regulator FDA placed the product in the highest risk category. In addition to the crumbling foam, potentially carcinogenic gases could be released. Philips had millions of machines recalled, of which 250,000 have now been repaired or replaced, according to the company. The entire recall is expected to take a year. In the United States, the company is conducting tests to show how the foam particles enter the body; the first results will be published next month.
Philips’ sales declined by 7.6 percent in the third quarter of this year compared to a year earlier. In total, the company achieved a turnover of 4.2 billion euros. Philips expects annual sales and profits to be lower than initially expected. A major reason for this is the extensive recall of sleep apnea devices that may be unsafe, Philips announced on Monday. in a statement. In September, the Eindhoven company started replacing thousands of apnea machines, because particles of plastic foam may end up in the lungs of the users.
Also read: The uncertainty about the risks of Philips apnea devices will remain for users for a while
The company has been selling the sleep apnea machines for more than a decade. A recall has now been launched worldwide, for which half a billion euros has been set aside. Some 3 to 4 million machines have been sold in more than 130 countries in the past year. There are about 50,000 users of the device in the Netherlands. In sleep apnea, the airways close during sleep, which can cause breathing to falter. The Philips device blows air into the user’s mouth and nose through a mask, reducing pauses during sleep.
In August, the US regulator FDA placed the product in the highest risk category. In addition to the crumbling foam, potentially carcinogenic gases could be released. Philips had millions of machines recalled, of which 250,000 have now been repaired or replaced, according to the company. The entire recall is expected to take a year. In the United States, the company is conducting tests to show how the foam particles enter the body; the first results will be published next month.
Philips’ sales declined by 7.6 percent in the third quarter of this year compared to a year earlier. In total, the company achieved a turnover of 4.2 billion euros. Philips expects annual sales and profits to be lower than initially expected. A major reason for this is the extensive recall of sleep apnea devices that may be unsafe, Philips announced on Monday. in a statement. In September, the Eindhoven company started replacing thousands of apnea machines, because particles of plastic foam may end up in the lungs of the users.
Also read: The uncertainty about the risks of Philips apnea devices will remain for users for a while
The company has been selling the sleep apnea machines for more than a decade. A recall has now been launched worldwide, for which half a billion euros has been set aside. Some 3 to 4 million machines have been sold in more than 130 countries in the past year. There are about 50,000 users of the device in the Netherlands. In sleep apnea, the airways close during sleep, which can cause breathing to falter. The Philips device blows air into the user’s mouth and nose through a mask, reducing pauses during sleep.
In August, the US regulator FDA placed the product in the highest risk category. In addition to the crumbling foam, potentially carcinogenic gases could be released. Philips had millions of machines recalled, of which 250,000 have now been repaired or replaced, according to the company. The entire recall is expected to take a year. In the United States, the company is conducting tests to show how the foam particles enter the body; the first results will be published next month.
Philips’ sales declined by 7.6 percent in the third quarter of this year compared to a year earlier. In total, the company achieved a turnover of 4.2 billion euros. Philips expects annual sales and profits to be lower than initially expected. A major reason for this is the extensive recall of sleep apnea devices that may be unsafe, Philips announced on Monday. in a statement. In September, the Eindhoven company started replacing thousands of apnea machines, because particles of plastic foam may end up in the lungs of the users.
Also read: The uncertainty about the risks of Philips apnea devices will remain for users for a while
The company has been selling the sleep apnea machines for more than a decade. A recall has now been launched worldwide, for which half a billion euros has been set aside. Some 3 to 4 million machines have been sold in more than 130 countries in the past year. There are about 50,000 users of the device in the Netherlands. In sleep apnea, the airways close during sleep, which can cause breathing to falter. The Philips device blows air into the user’s mouth and nose through a mask, reducing pauses during sleep.
In August, the US regulator FDA placed the product in the highest risk category. In addition to the crumbling foam, potentially carcinogenic gases could be released. Philips had millions of machines recalled, of which 250,000 have now been repaired or replaced, according to the company. The entire recall is expected to take a year. In the United States, the company is conducting tests to show how the foam particles enter the body; the first results will be published next month.