Signal: Philips knew about ventilator defects for years before recall
Multinational Philips is alleged to have illegally hidden reports of catastrophic device failure in their respirators for over a decade.
Insights
Signal: Eli Lilly’s $176.5m Teva patent infringement loss overturned in US
Signal: AbbVie ends multi-million dollar cancer drug deal with I-Mab
Signal: CMR Surgical Raises $165m to continue development of surgical robot
Signal: Illumina leads $15m investment in Broken String Biosciences
Signal: Danaher’s $5.7bn acquisition of Abcam faces stand-off with founder
Signal: Kroger to pay up to $1.4bn to settle opioid crisis lawsuits
Signal: Pharma giant Novartis to spin-off generics brand
