The Academy of Doctors of Audiology (ADA), an audiology association dedicated to autonomous practice, has named David Akbari, AuD, Senior Medical Science, clinical and Regulatory Affairs Liaison at Intricon Corporation, as the recipient of the ADA Hearing Industry Leadership Award.
Intricon Corp will be scaling back its Hearing Help Express online hearing aid business and will focus on pursuing partnerships with future OTC companies. It has also acquired Emerald Medical Services, a manufacturer of catheters covering a range of applications, accelerating the company's diversification into potential new end markets.
For the 2018 third quarter, the company reported net sales of $30.1 million, up 20.2% from $25.1 million in the prior-year period. According to the announcement, the increase was primarily due to year-over-year revenue gains from IntriCon’s largest medical customer and growth in its value-based hearing healthcare business.
PC Werth of London announced that it is moving its headquarters to a newly refurbished facility in South London, and has made a number of important additions and changes to its management team, including the addition of Delain Wright as managing director.
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IntriCon has purchased PC Werth Ltd of London, one of the UK’s oldest multi-line suppliers of hearing healthcare products and a supplier to the National Health Service (NHS), the world’s largest provider of hearing aids.
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IntriCon Corporation announced that it received approval from the United Kingdom’s National Health Service (NHS) Audiology Supplies Group for its hearing aid products. IntriCon’s hearing aids will be distributed to the NHS under PC Werth’s Kamplex brand name.
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ADA has partnered with IntriCon to launch a low-cost hearing aid to compete with PSAPs, over-the-counter, and Big Box hearing devices. With a wholesale membership cost ranging from $150-250, the new hearing aids are expected to present a high-quality low-cost alternative that will place the provider and evidence-based services—not the device—at the center of the hearing healthcare journey.
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IntriCon announces exclusive distribution agreement with PC Werth in the United Kingdom as a main supplier of low-cost, high-quality hearing aid products to the National Health Service (NHS) Supply Chain’s National Framework.
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