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Philips CEO Jakobs Says More Insight Needed Into Litigation

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January 29, 2024

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Philips Chief Executive Officer Roy Jakobs says they are working at getting more insight into litigation and the investigation by the US Department of Justice would not become clear before 2025. Speaking with Bloomberg's Tom Mackenzie, he added that the timing of consent decree with the FDA normally spans between five to seven years in totality.

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Philips CEO Jakobs Says More Insight Needed Into Litigation · Bloomberg Television · Sentinel