Sonova Names New President of Hearing Instruments North America
Sonova's new North America division president is succeeding Sandy Brandmeier, who retired from the position at the end of 2024.
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Hearing Care M&As Heat Up Again
Mergers and acquisitions came back strong in 2021 after the pandemic, and M&As have started strong in 2022.
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Hear the World Foundation Accepting Funding Requests
If your organization is committed to the same goals and values as the Hear the World foundation, you can apply for support in the form of financial resources, hearing solutions from the Sonova product portfolio (hearing aids, cochlear implants, wireless microphone systems), diagnostic equipment, and audiological expertise.
Oticon’s Gary Rosenblum Appointed HIA Chair
Elected in the spring of 2017, Brandon Sawalich, President and CEO, Starkey, now hands over the Chairmanship of the Hearing Industries Association (HIA) to Gary Rosenblum, President, Oticon, Inc, HIA announced. The members of HIA elected Rosenblum unanimously to this position.
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Sonova’s Film Wins Silver Medal at 2021 Deuville Green Awards
Sonova announced that it has won a silver medal for in the Health and Living Environment category for its film at the 2021 Deauville Green Awards, an international festival celebrating film productions about social responsibility and eco-innovation.
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Sonova Releases 2021/21 Annual Report
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 to Acquire Sennheiser Consumer Division
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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Unitron Moxi Blu Wins 2021 Red Dot Product Design Award
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 Wins Red Dot Awards for Virto Black and Roger On
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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Sonova USA HQ Serves as Mass Vaccination Facility
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 Donates Sky Marvel Hearing Aids
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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Addressing Clients’ Social and Emotional Distress Relating to Hearing Loss
Aligning effective approaches and benefit for the psychosocial needs of adult patients.
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EHIMA Appoints Eric Bernard as President
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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Sonova to Acquire 3.7% Ownership Stake in Sensorion
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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Advanced Bionics Receives FDA Approval for Marvel Cochlear Implants
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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Study Aims to Test Effectiveness of Balance Device
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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Phonak Launches Lyric4 Hearing Aid
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 Announces Expected ‘Return to Growth’ in Second Half of 2020/21
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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