Philips Scandal Is a Blight on Medtech's Reputation

Philips Scandal Is a Blight on Medtech's Reputation

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Medical Devices and Diagnostics Industry
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Medical device companies are not perfect, nor should anyone expect them to be. But as manufacturers of products that people depend on for their health, companies in this industry do have a responsibility to deal with adverse events head on. Yet all too often, medtech companies succumb to greed and sweep problems under the rug. In Philips' case, it must have been an awfully big rug.