Demant CEO on implant recall and sales halt: "This is very serious"
A serious setback for Demant’s surgical division Oticon Medical, as the company has had to recall numerous implant devices due to a performance issue, in addition to halting the sales of said device, says President and CEO at Demant Søren Nielsen, who has launched a thorough investigation to locate the root cause.
BY ALBERT RØNNING-ANDERSSON, TRANSLATED BY DANIEL PEDERSEN
Hearing aid manufacturer Demant prepares for another economic blow. In 2019, the company was hit by a hacking attack that laid its operations low for several weeks. Then, the company was sent to its knees when the market froze over because of the Covid-19 pandemic.
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