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PHG - Philips recalls more than 66K ventilators over power issue
Koninklijke Philips N.V. NY Registry Shares
Philips (NYSE:PHG) is recalling more than 56K V60 and V60 Plus ventilators in the U.S. due to an internal power issue that may cause the machine to shut down unexpectedly, with or without a warning. As of April 14, there have been reports of one death and four injuries related to the devices. The ventilators were distributed between May 1, 2009 and December 22, 2021. The U.S. FDA considers the recall a Class I, the most serious type. In April, Philips (PHG) issued a voluntary recall notification/field safety notice over the issue.