Cochlear completes takeover of Oticon Medical cochlear implant business
Hearing implant manufacturer Cochlear has announced the completion of its acquisition of the Oticon Medical cochlear implant business from Demant, following the end of a protracted battle with competition authorities. The business, which has 20,000 implant patients, became available following Demant’s decision to discontinue work on hearing implants. Cochlear’s CEO & President Dig Howitt welcomed…