Sonitus Medical, San Mateo, Calif, announced on February 9, 2015 that it has closed its doors, and the company facility and its equipment will be up for auction in the next 2 weeks. According to Sonitus, this is an opportunity for hearing healthcare clinics and hearing aid manufacturers to purchase metrology equipment and testing tools at lower-than-market prices. A global online auction of all Sonitus Medical’s items will be held on February 18 and 19, 2015.
Some of the items available for purchase from Sonitus Medical include electronic test and measurement equipment, clinical audiometers, battery analyzers, test chambers, microscopes, scanners, test benches, office furniture, and more. A complete list of hearing healthcare assets available for purchase can found on the Sonitus Medical page on the Silicon Valley Disposition (SVD) website.
Sonitus Medical is the maker of the Soundbite Hearing System, a non-surgical bone conduction hearing device intended to be used as an alternative to hearing aids for people with single-sided deafness. The company reportedly filed for bankruptcy in mid-January 2015, after being negatively impacted by the ruling of the Centers for Medicare and Medicaid Services (CMS) to limit Medicare coverage for certain hearing devices. After a concerted grassroots and industry effort, CMS eventually backed off its plans.
Those interested in learning more about the auction event, or viewing the Sonitus facility and onsite equipment may contact Luciano Arruda at Silicon Valley Disposition to arrange a walk-through by appointment.
Source: Sonitus Medical