Eargo Announces $71 Million Series E Financing
SAN JOSE, CALIFORNIA — Eargo today announced the closing of a $71 million equity financing, led by new co-investors Gilde Healthcare and Longitude Capital, with existing investors New Enterprise Associates (NEA), the Charles and Helen Schwab Foundation, and Nan Fung Life Sciences, also participating in the round. Geoff Pardo of Gilde Healthcare and Juliet Tammenoms Bakker of Longitude Capital…
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Sonova Offers Business Update and Guidance for First Half of FY 2020/21
STAFA, SWITZERLAND – Sonova Holdings recently provided an interim business update and guidance for the first half of the Fiscal Year 2020/21. The partial recovery of the global hearing care market from the COVID-19 pandemic impacts “has been faster than anticipated in recent weeks”. Sonova reports that its business activities have picked up from the…
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New UK Study Finds Twenty Percent of People with Hearing Aids Don’t Use Them
MANCHESTER, UNITED KINGDOM — A study led by NIHR Manchester BRC researchers has revealed that around 20% of people who have been issued with hearing aids do not use them. The analysis was carried out on annual National Survey for Wales data – the largest sample on hearing aid use in the UK – and…
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Hearing Aid Repair Survey Results
Recently, Hearing Health & Technology Matters (HHTM) conducted a survey of hearing professionals regarding their experience with hearing aid maintenance and repair over the past year (2019), prior to the COVID-19 pandemic. The survey, sponsored by Redux, found several interesting trends. Including: Hearing aid cleaning/troubleshooting are the leading reasons for clinic visits. 73% of offices…
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Starkey Livio Edge AI Now Available Through VA and DoD
EDEN PRAIRIE, MINNESOTA – Starkey has announced that its latest hearing technology, the Livio Edge AI, is now available through the U.S. Veterans Administration (VA), Department of Defense (DoD) and other federal agencies. “As the only American-owned hearing aid manufacturer, Starkey is pleased to continue supporting our veterans and active duty military personnel on their…
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Hearing Industry Financial Reports Offer Glimpse of Coronavirus Impact
The hearing industry received further evidence this week that the economic impact of the Covid-19 pandemic has been unprecedented. Recent publication of the first quarter (Q1) financial reports from Amplifon and GN Store Nord offer a glimpse of how much impact the pandemic has had on the industry. Additionally, the Interim Management Statement issued by…
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New Telehealth Technology from Phonak Enables Fully-Remote Hearing Aid Fittings
STAFA, SWITZERLAND – Phonak is responding to the immediate need for those with hearing loss to receive essential care amid the COVID-19 pandemic with technology that will allow hearing care professionals (HCPs) to deliver remote audiological care. This new telehealth technology is comprised of a suite of Phonak eSolutions featuring online hearing testing as well…
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Using Research to Fill in Clinical Gaps: A Summary of Recently Published Hearing Research
by Brian Taylor, Editor-at-Large Gamblers, paramours and clinicians all deal in uncertainty. No matter which of those groups you belong, you make better decisions when relevant and timely information, based on sound scientific principles, is available. Sometimes you might even find a kernel of truth that changes your outlook or behavior. Here are five recently…
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Unitron Wins Prestigious Red Dot Design Award for its Moxi Jump R Hearing Aids
KITCHENER, ONTARIO – Unitron announced this week that it has won the “Red Dot: Product Design 2020” award for its Moxi Jump R hearing aids. An industry “leader in sound performance, the Moxi Jump R provides hearing aid wearers with easy-to-use technology that automatically adapts to a user’s listening environment”. The Red Dot Award, which…
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Oticon, Inc. Launches RemoteCare Telehealth Solution to All US Hearing Care Professionals
SOMERSET, NEW JERSEY – Following a successful US roll-out and a strong launch in countries around the world, Oticon, Inc. launches Oticon RemoteCare to all US hearing care professionals. The new telehealth solution expands the potential for hearing care professionals to assist more patients remotely, even when a face-to-face appointment would normally be the most…
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