To ensure users receive a high-quality device, CEO Søren Nielsen says Demant has lobbied the FDA through a US-based industry association as it attempts to established the rules for the upcoming over-the-counter hearing aids sales channel.
The Danish hearing aid manufacturer’s diagnostics business area is a beacon of light among gloomy H1 financial figures, mostly coming from headset firm Epos, says CEO Søren Nielsen.
Demand for hearing aids on the US market will return in the future, according to Demant CEO Søren Nielsen, who thinks people are postponing the decision to acquire a device due to the challenging economic environment.
The hearing aid giant now expects revenue growth of 15-19% measured in local currencies, compared to a previous 17-21%.
Hearing aid firm Demant has downgraded its full-year guidance after its revenue for the first six months of 2022 failed to meet analyst expectations. (Updated)
Last time the hearing aid manufacturer launched a product was during the pandemic. The market now is more open, meaning that there are more opportunities for physical launching events, says company CEO Gitte Aabo.
Resound Omnia, a new product platform from GN Hearing, is said to provide a 150% improvement in speech understanding compared to older devices.
Although the Danish hearing aid manufacturer just revised its financial expectations for the full year, it hasn’t all been bad for Demant in the second quarter, a Sydbank analyst concludes.
The hearing aid giant’s downgrade could potentially impact its Danish competitors, says a Sydbank analyst.
Several factors will have hampered growth conditions for the Danish hearing aid manufacturer in recent months, a Jyske Bank analyst points out.
All five of the biggest suppliers of hearing aids to veterans in the US sold fewer units in July than in June.
Compared to last year, the US-based hearing firm’s sales have dropped by almost a third during a second quarter that the chief executive describes as ”transitionary.”
WSA Americas will help strengthen the hearing aid manufacturer’s US and Canadian programs while expanding aggressively on the Latin American markets.
The world’s biggest hearing aid retailer could not keep up with expectations for its second quarter performance.
Leaving the hearing aid manufacturer, Lars Otto Andersen-Lange will assume the position as director of media relations at Novo Nordisk on Aug. 1.
The Irish medtech firm has partnered with Danish private clinic Specialklinikken Borgå to launch a tinnitus treatment, a multicomponent device, in Denmark.
The hearing firm wants to end the year by presenting a new ”advanced hearables” device, with launch beginning in the US.
With a new ambition to generate DKK 9–12m (USD 1.2–1.6m) in sales in 2022, the hearing firm has cut its prior projection in half.
June saw no radical shake-up in the ranking of hearing aid manufacturers selling their products to veterans in the US.
Hearing aid giant Demant has secured a loan agreement from Den Nordiske Investeringsbank.
US-based Eargo, which is run by a Dane, has entered an agreement with an investment firm which is injecting USD 100m into the company.
Hearing aid firm Audientes has, as expected, applied to delist from Nasdaq’s First North exchange in Copenhagen.
With 33% growth in 2021, the biggest hearing aid manufacturers have sold more units than before the pandemic began.
The Danish Health Data Authority has conducted a program where patients met with ear specialists digitally, concluding that neither quality nor patient satisfaction is compromised compared to traditional doctor visits.
Sony and Huawei will have to cease sales of products containing technology that Sonion says was stolen, according to a ruling by a Danish court.
Clinical Trial Manager - Black Swans Exist 
QA Manager, QA Commercial Operations, Ascendis Pharma 
Senior Clinical Trial Manager - Black Swans Exist 
GMP Compliance Consultant for Eltronic in Ballerup 
Sales Director, Nordic Hospital Solutions, at Mediq Denmark 
Quality coordinator for Aseptic Production, ALK 
Senior Evidence Generation Manager 
Key Account Manager Sales Manager Europa, Ropox 
Vice President/Senior Director of Medicinal Chemistry Lead Auditor – Senior Quality Assurance Specialist Head of Regulatory Services Denmark 
Senior Toxicologist Senior Electronics Engineer Snr. Talent Acquisition Partner, Devoteam Biomarker Operations Lead Senior CMC Regulatory Manage Medical Advisor (Metabolism) Clinical Project/Trial Manager, Synklino 
Scientist Radiochemistry Experienced Biostatistician IT QA Manager Lead Automation Engineer ABB Sattline/ABB 800XA, AFRY 
Clinical Biometrics Oversight Lead Senior Manager, QA GCP/PV 
