GN chair promises delayed product launches in H1 2022

Per Wold-Olsen, Chairman of GN Store Nord, says that GN Hearing is expecting to have previously postponed products ready for launch in the first half of 2022.

Per Wold-Olsen, chairman of the board of directors at GN Store Nord | Photo: Mik Eskestad/ERH

Back in October, GN Hearing had to downgrade its 2021 financial guidance considerably as two key product launches were delayed. Progress is now being made, and Chairman of GN Store Nord Per Wold-Olsen expects the products in question to hit the market in H1 2022, reports the Danish business daily Børsen.

"It is safe to presume that they will be launched during the first half year," Wold-Olsen tells Børsen, underscoring that the causes behind the delays have been dealt with.

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
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

Coloplast upgrades growth expectations following acquisition

Medtech firm Coloplast’s Q1 report for 2021/2022 brings a slight upward adjustment of the reported revenue growth outlook due to foreign exchange developments. Coloplast’s acquisition of Atos Medical is expected to contribute around 6 percent to organic growth.

Demant's surgical division loses president of 13 years

Oticon Medical, the implants division at hearing group Demant, is saying goodbye to President Jes Olsen, who is exiting his role in March after having spearheaded the business leg since 2008. Demant CEO Søren Nielsen is stepping in temporarily until a replacement is found.

Hearing aid market in US grew by 37 percent in 2021

Hearing aid manufacturers have had a good year following one of the worst in their recorded history, as sales in the US have gone up by 37 percent. The progress is mainly driven by the recovery of independent retailers, whereas public sales channel Veterans Affairs still lags behind.

Further reading

Related articles

Latest news

See all jobs