Philips Subsidiary to Pay Over $24 Million for Alleged False Claims for Medical Equipment

Dutch technology company Philips logo is seen at company headquarters in Amsterdam, Netherlands, on Jan. 29, 2019. Eva Plevier/Reuters

WASHINGTON—A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resolve alleged false claims over respiratory-related medical equipment, the U.S. Justice Department said on Thursday.