GN Hearing expects 2021 comeback after tough year

GN Hearing expects a markedly better 2021 than 2020, whose Covid-19 pandemic had a heavy impact on the hearing aid manufacturer, as shown by GN Hearing's annual report presented on Thursday morning.

Photo: GN Store Nord / PR

On Thursday morning, GN Hearing brought its fiscal year to a close following a troublesome financial period, as the firm published its 2020 annual report.

The coronavirus pandemic has been particularly hard on the company in 2020, since its primary target group, the elderly segment, has generally stayed away from audiologists and, consequently, refrained from buying new hearing aids.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from MedWatch

In a world of options, Genmab's CEO chose partnerships

In 2015, Genmab partnered with relatively unknown biotech firm Biontech. Reflecting on how far Genmab has come since, CEO Jan van de Winkel is still confident that partnerships, rather than acquisitions, are the way forward. If it had acquired Biontech at the time, the CEO speculates Genmab may have put a stop to other activities – including the Covid-19 vaccine efforts that went on to save millions of lives. This and fairness are worth remembering as biotech firms are increasingly strapped for cash, van de Winkel reflects.

Analyst predicts slow start for Leo Pharma's Adtralza in UK

The take-up of Leo Pharma’s atopic eczema drug Adtralza in the UK will be slow-going, according to analyst bureau Global Data, after the British institute NICE released draft guidance where it was not recommend it as a standard treatment in England and Wales.

Further reading

Related articles

Latest news

See all jobs