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Philips warns of fresh hit from respirator recall

THE HAGUE (AFP) – Dutch health technology firm Philips warned yesterday that it would take a further EUR1.3-billion (USD1.26-billion) hit from a huge recall of faulty sleep respirators. Philips said it was currently negotiating with the United States (US) Department of Justice (DOJ) over a final settlement on the faulty sleep equipment that puts users
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