Philips signs $1.1B settlement in CPAP recall injury litigation, takes $578M insurance payout

Philips signs $1.1B settlement in CPAP recall injury litigation, takes $578M insurance payout

Philips has reached an $1.1 billion agreement to settle claims from about 58,000 people stemming from its yearslong recall of sleep apnea machines.

Read the full article at: www.fiercebiotech.com

Who We Are

Omnica Corporation is a privately-held design, engineering, and medical product development firm located in Irvine, California. The 28-person company is staffed with full-time employees and has been in operation since 1984. Our speciality is custom product development for the medical industry and industrial fields.

Our expertise is developing complex medical devices.Technical personnel at Omnica includes designers, mechanical engineers, electronic and software engineers, advanced R&D specialists, regulatory staff (for FDA documentation), machinists and model makers.

Learn MoreOmnica Corporation

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