Closed retailers, extensive production halts in factories, travel bans and restrictions. 2020 was truly annus horribilis for the hearing aid industry, whose primary customer segment – the oldest part of the population – largely shut the doors to the world, including to the audiologist's office.
Revenue and earnings dives were the inevitable consequences for most businesses, and so, too, for hearing aid group Demant, which like many others had to make heavy use of public financial support programs to keep heads above water.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
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
Get full access for you and your coworkers.
Start a free company trial todayMore from MedWatch
Novo Nordisk launches oral semaglutide in India
Novo Nordisk’s diabetes drug, semaglutide, will be sold in the country in a similar price range as its injectable version.
Hearing firms urge FDA to increase OTC safety requirements
A number of the world’s biggest hearing aid manufacturers have come together to encourage the US health authority to tighten the safety requirements for OTC hearing aids, which will hit the shelves in the US sometime this year.
Coloplast initiates trial of ostomy leakage product
The medtech company will being clinically testing its ostomy add-on product, Heylo, in January.
Top news from MedWatch this week
Miss anything?
Danish bank cuts Genmab price target, retains "buy" recommendation
Jyske Bank has adjusted its valuation of Genmab’s share price target to DKK 2850 (USD 434.4). Investors should continue to buy, the Danish bank says.
QA Specialist, GMP QA 
Director Regulatory Affairs 
Head of Biology Group Human Milk Oligosaccharides & Early Life Nutrition, DSM/Glycom 
Senior Director, Global Regulatory Lead 
Senior Manager, Biostatistics 
Director Medical Science 
NORDIC Medical Sales Director 
Health Economist 
GxP QA Compliance Manager for Quality Assurance 
Senior Key Account Manager 
Design Control Specialist / System Engineer 
KLIFO is looking for a Director, Business Support for our Glostrup office 
QA Manager GMP/GDP Compliance & Audits