(10-17-2021, 05:02 PM)Robotazky Wrote: Just be glad Philips has the money to fix the machines and move on.

• how much foam have we individually ingested?
  
• how much foam have others ingested? (SoClean users, non-SoClean users, DS1 users, System One users, BiPAP vs. CPAP, etc.)
  
• how have some users, including those with compromised health conditions, had their health impacted by their choice of a Philips xPAP vs. others?
  
• when did Philips internally first know about the disintegrating foam?  
  
• why didn't Philips postulate that the foam would eventually break down?
  
• why did Philips choose/accept the chemicals used in its foam, and not choose similar foam designs in other competitor's PAP systems?
  
• why is it taking Philips 12+ months (more like 16+ months since first learning of the issues) to fully replace faulty systems?
  
• etc.
  

Quote:Philips 3rd Quarter Financial Report:

As disclosed in its Q2 2021 report, Philips is a defendant in a number of consumer class action lawsuits from users of the affected devices and a number of individual personal injury claims. Given the uncertain nature and timing of the relevant events and potential associated liabilities, if any, the company is unable to reliably estimate the financial effect of these matters. 

Frans van Houten, CEO:
“I am pleased with the strong double-digit comparable order intake growth in the third quarter, driven by both the Diagnosis & Treatment businesses and Connected Care businesses. Our strategy and portfolio are highly relevant to our customers, as we help them transform the delivery of care along the health continuum. Building on this strength, we have signed an additional 19 long-term strategic partnerships with hospitals across the world, including a 10-year partnership with Baptist Health in the US to provide patient monitoring solutions and standardize care across the network.

We recorded EUR 4.2 billion sales in the quarter (est. US$5 billion), with a 7.6% comparable sales decline on the back of 10% comparable sales growth last year. This quarter’s sales were impacted unfavorably by intensified global supply chain issues, such as the shortage of electronic components, and the anticipated revenue consequences of the sleep recall, as we are prioritizing the remediation of affected devices in use by patients. The Adjusted EBITA margin was 12.3%.

[Note: Philips has allocated approximately 10% from its gross sales from merely ONE QUARTER to deal with the recall.]

The repair and replacement program related to the sleep recall notification is under way in the US and several other markets. I am conscious of the impact this is having on patients and care givers, and we are doing everything we can to deliver a solution as fast as possible.

We successfully completed the sale of the Domestic Appliances business, resulting in a gain of EUR 2.5 billion. With this, we concluded our major divestments, allowing us to focus fully on extending our leadership in health technology and continuing our transformation into a solutions compan

https://www.results.philips.com/

(10-18-2021, 02:39 PM)WakeUpTime Wrote: If that were the case, this thread would only need to be one page, and one post.

There are more than a few people who are not satisfied with merely waiting 6-18 months for a replacement to their disintegrating carcinogenic off-gassing foam in their faulty designed Philips medical device.  

Quote:[*]when did Philips internally first know about the disintegrating foam?

Quote:[*]why didn't Philips postulate that the foam would eventually break down?

Quote:[*]why did Philips choose/accept the chemicals used in its foam, and not choose similar foam designs in other competitor's PAP systems?

(10-18-2021, 05:24 PM)ST Dog Wrote: I'm not convinced they didn't. We don't know what was used by Philips and we don't know what was used by others at the same time. So no way to tell how similar they are.

(10-18-2021, 02:39 PM)WakeUpTime Wrote: There are more than a few people who are not satisfied with merely waiting 6-18 months for a replacement to their disintegrating carcinogenic off-gassing foam in their faulty designed Philips medical device.  

Also, there's much more at stake than merely replacing the foam:

• why is it taking Philips 12+ months (more like 16+ months since first learning of the issues) to fully replace faulty systems?
  
• etc.
  

(10-18-2021, 05:42 PM)btreger Wrote: Maybe you should take some time and read what Philips actually said. You might learn something, or maybe not!

(10-18-2021, 05:55 PM)ST Dog Wrote: Philips came clean and is working to fix.

Those old foams were all approved by the FDA as were the machines.

(10-18-2021, 06:26 PM)btreger Wrote: You keep bringing up ResMed. None of their products have been recalled, and there are no lawsuits against them. 

The FDA never approved any foams in any machines. Philips applied for deferred approval and was granted it.