intricon hearing aid disruption

Hearing Aid Maker, Intricon, Top Performing Public Company in Minnesota in 2017

ARDEN HILLS, MINNESOTA —  Minnesota-based hearing aid maker, Intricon, has beat out the likes of Target, Best Buy, 3M and others, to become the best performing publicly-traded company in the state this year. The company’s value per share has more than doubled this year to more than $14/share, reaching a market value of approximately $100…

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Oticon Appoints Thomas Behrens as Head of Audiology and Director of Audiology Research

COPEHAGEN, DENMARK — On November 1, Oticon announced the appointment of Thomas Behrens as the Head of Audiology and Director of Audiology Research at Oticon’s global headquarters in Denmark. He is currently responsible for clinical research, professional communication and definition of the audiology in new products for Oticon. Prior to this, Behrens spent 10 years…

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eargo otc hearing aids

Eargo Hearing Aid Secures $45 Million Investment for Product Innovation and Expansion

MOUNTAIN VIEW, CALIFORNIA — Silicon Valley-based hearing aid maker, Eargo, announced the closing of a $45 million Series C investment round last week. The company, which has been manufacturing and selling rechargeable, direct-to-consumer hearing devices since 2015, will use the investment for “product innovation, market expansion and branding” According to the announcement, the new investment…

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soniccloud phone call app for hearing loss

California Startup, SonicCloud, Nets $4M Investment to Make Phone Calls More Accessible for People With Hearing Loss

SAN FRANCISCO, CALIFORNIA — SonicCloud announced late last week that it will be launching with more than $4 million dollars to pursue its goal of making hearing technology accessible for people with hearing loss. The SonicCloud App, currently available on iOS (Apple) only, allows people with moderate to severe hearing loss to more clearly hear…

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flat earth hearing aid algorithm research

Montana Radar Company Receives $2 Million Innovation Grant for Hearing Aid Tech

BOZEMAN, MONTANA — Flat Earth Inc., a Montana-based radar development company, was recently awarded a $2 million Small Business Innovation Research (SBIR) grant from the U.S. Small Business Administration. According to the company, the grant will used to help further develop the open speech platform — an algorithm the company developed to improve the quality…

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starkey hearing expo 2018

Former US Presidents Among Keynote Speakers at Starkey’s 2018 Hearing Innovation Expo in Las Vegas

Starkey Hearing Technologies announced that it is hosting the fourth Hearing Innovation Expo at The Cosmopolitan of Las Vegas. This year’s event, which is being held on January 3-7, 2018, is expected to see more than 3,000 hearing professionals, scientists, industry experts and business leaders in attendance. A high profile list of keynote speakers are…

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gn resound linx 3d hearing aid

After Launch of ReSound LiNX 3D, GN Posts Strong Q2 Results; CEO Says Company to Compete in Upcoming OTC Market

BALLERUP, DENMARK — GN Store Nord A/S announced the results of the company’s half-year financial report on August 17th, noting a 15% revenue growth in the second quarter (Q2), driven by strong performance at GN Hearing and GN Audio. According to the financial report, GN Hearing’s revenues increased by 12% in Q2, with an organic…

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Hearing Restoration, PSAPs Among Hot Topics at JAMA

This year, 2017, marks the peak number of baby-boomers reaching the age of 60. So it’s no coincidence that researchers and public health officials have turned their attention to the plethora of chronic conditions, including hearing loss, that are linked to aging. The Journal of the American Medical Association, one of the most widely circulated…

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earlens hearing aid

Earlens Announces Final Close of $118M Financing for Light-Driven Hearing Aid

MENLO PARK, CALIFORNIA — The Earlens Corporation announced this week the final close of its $73 million Series C preferred stock financing, and the establishment of a structured debt facility with CRG LP for up to $45 million. According to the company’s press release, proceeds from the financing will support the expanded commercialization of the…

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susan collins otc hearing aid act

Another Prominent US Senator Co-Sponsors OTC Hearing Aid Bill

WASHINGTON, D.C. — Another prominent lawmaker has joined the ranks of bipartisan co-sponsors for the Over-the-Counter Hearing Aid Act of 2017. Senator Susan Collins (R-ME), Chairman of the Senate Aging Committee, announced her support of the bill originally introduced by Senators Elizabeth Warren (D-MA) and Chuck Grassley (R-IA) in a press release this week. The…

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