Market

Sound Pharmaceuticals raising funds for hearing loss drug

Fundraising

pharmaceutical hearing loss treatment
© Leks_Laputin/iStock

Seattle-based startup Sound Pharmaceuticals is currently working on raising USD 30 million in investment funding for the development of new hearing loss treatments.

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Asius Technologies to join forces with Empire Ears

Alliance

asius partners with empire ears

Asius Technologies, a developer of high-end electronic devices designed to enhance sound while mitigating damage to the human ear, has partnered with Empire Ears, a manufacturer of in-ear monitors for musicians, sound engineers, and audiophiles.

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Gary Rosenblum New President of Oticon Inc.

Nomination

Gary Rosenblum new President of Oticon USA
Oticon's booth at AudiologyNOW! 2016. © V.A.

Oticon, Inc. announced today that Gary Rosenblum has been named the new President of Oticon, Inc., effective October 3, 2016.

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Costco quietly launches latest Kirkland brand premium hearing aids

Retail

Sivantos Kirkland Signature at Costco

This past week, Costco quietly rolled out the latest iteration of its “Kirkland Signature” branded hearing aids in stores across the United States.

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Otometrics joins US group Natus Medical

Acquisition

Natus Medical acquires Otometrics

The company Otometrics is to join the American group Natus Medical, a major player in the medical industry and thus leaves the GN Group.

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Former Starkey Management indicted for massive fraud

Manufacturers

Starkey fraud
© iStock

On September 21, Starkey Hearing Technologies, Minneapolis, MN, USA announced that five of their former management team have been charged with fraud amounting to more than USD 20 million.

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Global intelligent hearing protection market

Forecast

© Héctor Landaeta - sxc.hu

The Market Reports Center has released a new analysis of the hearing protection sector and forecasts that the market will grow at a rate of 10.05% over the 2016-2020 period.

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Sonova completes acquisition of AudioNova

Manufacturers

Sonova completes acqisition of AudioNova
© Sonova

Sonova has announced on September 15 that it has successfully completed the acquisition of AudioNova.

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Prof. Kevin Munro joins the Hear the World Foundation Advisory Board

Non-profit

Kevin Munro joins Hear the World Foundation

Audiology Professor Kevin J. Munro from the University of Manchester has been elected to the Advisory Board of the Hear the World Foundation effective August 2016.

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iHear Medical to partner with the manufacturer Flex for advanced hearing aids

Partnership

Startup iHear has announced that it has signed an agreement with Flexwhereby the supply chain solutions company will serve as iHear Medical‘s primary manufacturer and supplier as it prepares to transition to mass production.

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