Multibillion-dollar hearing implant maker Cochlear is pushing further into the hearing loss segment, acquiring a subsidiary of Danish multinational Demant, Oticon Medical, for $170 million.
Oticon Medical makes hearing loss devices for a broad range of people with mild-to-profound hearing loss, including those with single-sided deafness.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com