Market

EQT VI Acquires Siemens Audiology Solutions

market

© G.B.

EQT VI has entered into an agreement to acquire Siemens Audiology Solutions from Siemens AG together with Santo Holding, the investment vehicle of the German Strüngmann family, as minority co-investor.

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William Demant looking to implants for future growth

market

© Advanced Bionics

William Demant Holding Group, the world’s second-largest hearing aid manufacturer after Switzerland’s Sonova, is increasing investment in cochlear implants (CIs) to boost future growth.

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The end of mercury-containing batteries for fall 2015

regulation

© Widex

The use of mercury as a stabilizer in batteries is programmed to come to an end by October 2, 2015, as the result of an amendment to the EU Battery Directive.

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COSTCO: US giant to arrive in France by 2015

market

© Art Allianz - Fotolia

Costco Wholesale Corporation, the third largest worldwide retailer and fourth largest in the US, is to open in the Paris region in the autumn of 2015 at Villebon-sur-Yvette, in the department of Essonne.

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Drop in US hearing aid sales in August

market

© Zsuzsanna Kilian - Sxc

Year-on-year figures show a drop in US hearing aid sales in August, according to data from the Hearing Industries Association reported by Reuters.

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Siemens: 2 billion Euro potential benefit from hearing aids divestment

market

© G.B.

The German industrial group Siemens is renewing efforts to divest its hearing aids business and could earn up to 2 billion Euros (USD 2.7 billion) from the deal.

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Passing: Randy Dickins, Vice-President of Marketing at MedRx

obituary

Randolf (Randy) Dickins, Vice-President of Marketing at MedRx, Largo (Florida, USA) passed away on August 22 following a boating accident.

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Earnings for Australia’s Cochlear Ltd. down sharply

Market

Australia’s Cochlear Ltd. has reported a 29% fall in annual net profit. The company is still waiting for approval from the US Food and Drug Administration (FDA) to allow sale of the full feature set of the Nucleus 6 device.

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Hearing aids market forecast for 2020

Market

© Sanja Gjenero - Sxc

A new market study by Grand View Research, Inc. has shown that the global market for hearing aids (HAs) is expected to reach USD 5,440.5 million by the year 2020.

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LloydsPharmacy Ltd and Sonetik join forces in UK

Market

Swiss hearing aid producer Sonetik AG has announced that it has signed a cooperation agreement with LloydsPharmacy Ltd, one of the biggest pharmacy chains in the UK, to supply hearing aids.

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