Jessica Dancis, senior marketing manager at Sonova, answers questions about Sennheiser Hearing’s early-entry hearing device offerings and where they fit in a hearing care professional’s practice.
An article in MedWatch today notes the disruptions in trading created by Russia's invasion of Ukraine. Here are some quotes from hearing aid manufacturers and their chief executives on the situation.
The 2021 Edition of the Map is the latest in a longstanding series of diagrams that illuminates the hidden connections between hearing aid manufacturers and their subsidiaries.
Sonova says that “a sharp dip in activity in April 2020 was followed by a swift recovery, reflecting the market’s strong fundamentals, the successful launch of the Phonak Paradise platform, and Sonova’s strategic growth initiatives.” All three businesses returned to growth in the second half of the financial year, with sales up 6.6% in local currencies.
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Sonova Holding AG announced that it has signed an agreement to acquire the Consumer Division from Sennheiser electronic GmbH & Co KG (Sennheiser). The Sennheiser Consumer Division, which concentrates on the business of headphones and hearables for private customers, is said to be “an excellent fit with Sonova’s strategy to lead innovation in hearing experience and to engage consumers early on their hearing journey.”
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Designed to be “beautiful and intuitive, ”Unitron’s Moxi Blu Rechargeable hearing aids are “designed to keep up with the complexity of everyday life, automatically adapting to each hearing aid wearers’ unique experiences, and lifestyle, featuring in-the-moment personalization and hands-free connectivity.”
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Phonak announced it has won two international Red Dot Awards for excellence in product design for its Virto Black hearing aid and Roger On remote microphone.
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The two-day vaccination event was made possible through close collaboration between Sonova and numerous government agencies with the shared goal of increasing access to vaccines for manufacturing workers in Northern Illinois.
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Phonak announced that Joseph Brisco from Hastings, Michigan was recently fitted with Sky Marvel hearing aids at no cost to his family through a HearStrong and Lemon(aids) 4 Hearing Aids partnership.
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Aligning effective approaches and benefit for the psychosocial needs of adult patients.
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After a two-year term, Demant A/S CEO Søren Nielsen hands over the EHIMA Presidency to Eric Bernard, CEO of WS Audiology, the company formed from the merger between Sivantos and Widex in 2019.
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Sensorion, a clinical-stage biotechnology company which specializes in the development of novel therapies to restore, treat, and prevent within the field of hearing loss disorders, announced that Sonova Holding AG will acquire a 3.7% ownership stake in Sensorion by way of subscription to a reserved share capital increase for total gross proceeds of €5 million (USD $6.08 million).
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With its more than 25 years of experience in cochlear implants, Advanced Bionics brings the Marvel platform to benefit adult cochlear implant recipients.
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Researchers are investigating whether a device giving feedback on body position can improve balance and stability in older adults with hearing loss
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According to Phonak, the new Lyric4 features components that have been further improved to help guard against earwax and other debris, helping to increase reliability.
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Sonova now expects sales for the first half of FY 2020/21 to reach around 79% of the prior year level at constant exchange rates and to achieve an adjusted EBITA margin in Swiss francs of approximately 15% for the same period. For the second half of the financial year, the Group expects to return to growth, achieving a revenue increase of 4%-8% and a rise in the adjusted EBITA in the range of 20%-30% compared with the prior year period, both at constant exchange rates.
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The 7 Wonders of Sound launch campaign and contest begins today in the United States and aims to foster a greater appreciation for the vital role sound plays in our lives while raising awareness of the link between hearing and well-being.
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HearStrong is “dedicated to helping the 80% of people with untreated hearing loss receive necessary hearing technology.” This is achieved by “recognizing outstanding adults and children with hearing loss and giving them a platform to empower and serve others in need of hearing care.”
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