Category: Industry News

Industry News


BIHIMA Releases Q1 2021 Market Data for UK, Ireland

Hearing instrument unit sales are down for Q1 of 2021 compared to the previous quarter, which is “unsurprising due to the lockdown restrictions that ran throughout spring this year and increased COVID-19 cases and hospitalizations at the start of the year,” according to an announcement from the British Irish Hearing Instrument Manufacturers Association (BIHIMA).

WS Audiology Announces ‘Strong Revenue’ in HI 2020/21

WS Audiology announced that the company generated what it reports as strong revenue and earnings growth in the first half (H1) of its fiscal year (October 2020 through March 2021) in the face of the COVID-19 pandemic. According to its announcement, WS Audiology has continued to bring innovative products to market and has “upgraded the full-year revenue and profitability outlook.”

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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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The Philosophy of Growth by Serving People’s Hearing Needs: An Interview with Bill Austin, Part 2

In February, William (Bill) Austin celebrated his 60th year in the hearing healthcare field. Few people have had a better front-row seat to the history of this industry than Austin. Purchasing a small earmold lab in 1970, he built Starkey Labs into one of the largest hearing aid manufacturers in the world and has played a major role in hearing aid dispensing, technology, and industry evolution.

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Weave’s Business Growth Summit to Include Ken Jeong

The Spring installment of Business Growth Summit is titled “Attract” and will focus on helping business owners leverage free expert insights to acquire new customers and bring in more business, according to Weave. Jeong’s Business Growth Summit keynote will touch on how he’s harnessed his approach to capturing people’s attention and creating unique experiences.

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Frequency Therapeutics Reports Disappointing Trial Results for Hearing Restoration Drug

Frequency Therapeutics announced topline results from its recent study, showing that four weekly injections of its FX-322 treatment therapy in subjects with mild to moderately severe sensorineural hearing loss (SNHL) did not demonstrate improvements in hearing measures versus placebo. FX-322, the company’s lead product candidate, made news last month when a study published in ‘Otology & Neurotology’ indicated the “first known linkage of pharmacokinetics and pharmacodynamics for a potential hearing restoration therapy.”

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