During “The Claman Countdown,” the billionaire investor and entrepreneur noted how hearing aid modes in next-gen wireless earbuds can work with Envoy Medical’s fully implanted hearing devices
(White Bear Lake, MN) — Sept. 23, 2024 — Envoy Medical®, Inc., a hearing health company focused on fully implanted hearing systems, today highlights an interview with key investor Glen Taylor on Fox Business News “The Claman Countdown” in which he commented on the news that Apple’s new AirPods Pro 2 can be used as hearing aids.
In the interview, Mr. Taylor was asked whether he was worried about Apple entering the hearing technology market, and he discussed how he believed it could be additive to Envoy Medical’s product offering. Mr. Taylor noted that due to Envoy Medical’s fully implanted devices taking in sound through the ear, devices like the AirPods Pro 2 could potentially work in concert with Envoy Medical’s fully implanted devices. Envoy Medical’s hearing devices are not hearing aids, but rather fully implanted hearing devices for a particular subset of hearing loss.
Envoy Medical CEO, Brent Lucas stated, “Our hearing implants are different from other hearing implants in that ours use the ear to pick up sound. We sometimes refer to it as ‘Nature’s Microphone.’ The device design of our hearing implants allows recipients to use the ears for other things, such as external electronics, earbuds, or even hearing aids. Once the market appreciates why we believe this is going to be a differentiator, we believe it will increase excitement around our fully implanted hearing implants and the flexibility they can provide to certain patients.”
About the Esteem® Fully Implanted Active Middle Ear Implant (FI-AMEI)
The Esteem fully implanted active middle ear implant (FI-AMEI) is the only FDA-approved, fully implanted* hearing device for adults diagnosed with moderate to severe sensorineural hearing loss allowing for 24/7 hearing capability using the ear’s natural anatomy. The Esteem FI-AMEI hearing implant is invisible and requires no externally worn components and nothing is placed in the ear canal for it to function. Unlike hearing aids, you never put it on or take it off. You can’t lose it. You don’t clean it. The Esteem FI-AMEI hearing implant offers true 24/7 hearing.
*Once activated, the external Esteem FI-AMEI Personal Programmer is not required for daily use.
Important safety information for the Esteem FI-AMEI can be found at: https://www.envoymedical.com/safety-information.
About the Fully Implanted Acclaim® Cochlear Implant
We believe the fully implanted Acclaim Cochlear Implant (“Acclaim CI”) will be a first-of-its-kind fully implanted cochlear implant. Envoy Medical’s fully implanted technology includes a sensor designed to leverage the natural anatomy of the ear instead of a microphone to capture sound.
The Acclaim CI is designed to address severe to profound sensorineural hearing loss that is not adequately addressed by hearing aids. The Acclaim CI is expected to be indicated for adults who have been deemed adequate candidates by a qualified physician.
The Acclaim Cochlear Implant received the Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) in 2019. We believe the Acclaim CI was the first hearing-focused device to receive Breakthrough Device Designation.
