Philips says it did not profiteer on ventilators amid coronavirus
"I would like to make clear that at no occasion, Philips has raised prices to benefit from the crisis situation"
FILE PHOTO: Philips Healthcare headquarters is seen in Best, Netherlands August 30, 2018. REUTERS/Piroschka van de Wouw/File Photo
Dutch healthcare equipment company Philips said on Friday it had not sought to profit by raising the price of the ventilators it manufactures during the coronavirus crisis.
In a statement, Chief Executive Officer Frans van Houten said the company was responding to a report issued by the US Congress's House Subcommitte on Economic and Consumer policy.
"I would like to make clear that at no occasion, Philips has raised prices to benefit from the crisis situation," he said.
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