Demant's hearing implant division struggled with recalls and pandemic pressure

From the second half of 2022, Demant will no longer sell hearing implants. The company’s implant division, Oticon Medical, has been challenged by past recalls and the pandemic situation, says CEO Søren Nielsen.
Søren Nielsen, CEO of Demant | Photo: Demant / PR
Søren Nielsen, CEO of Demant | Photo: Demant / PR
by marketwire, translated by daniel pedersen

Hearing aid manufacturer Demant has just announced its intention to divest its business division that has long been outwardly signaled to be one of its strategically important areas.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading