Otologics

Otologics LLC is a medical device company that produces middle ear hearing implants. Its headquarters are located in Boulder, Colorado, with offices and a distribution network throughout Europe, Asia, and Latin America.[1][2]

Otologics
TypePrivate
IndustryMiddle Ear Hearing Implants
Founded1996
HeadquartersBoulder, Colorado
Key people
Jose H. Bedoya, CEO
ProductsCarina, MET
Website

The development of Otologics' middle ear implants began with the work of John M. Fredrickson, M.D., in the 1970s and 80s while he was a surgeon and researcher at the Washington University School of Medicine in St. Louis, Missouri. In 1996, Otologics LLC was founded in Boulder, Colorado by Jose Bedoya.[1]

Otologics LLC filed for Chapter 11 bankruptcy in July 2012 and is currently negotiating with a possible buyer and seeking DIP financing.[3]

Products

Otologics produces Carina and MET, middle ear implants which bypass the ear canal and eardrum.[2] Middle ear implantable hearing devices are relatively recent developments in the treatment of hearing loss, and, unlike conventional hearing aids, they are either partially or fully implanted within the body.[4] Otologics is one of three companies which produce middle ear hearing implants. The other two companies are Envoy Medical and Med-El Corporation.[4][5] The Carina device is Otologics’ flagship product and it includes a rechargeable battery and a microphone that is implanted entirely under the skin.[4][5] Carina and MET received their CE mark in October 2006[5] and are sold throughout Europe, Asia and Latin America.[1] In the United States, Otologics hearing implants are currently undergoing approval process by the Food and Drug Administration.[4]

References
  1. Otologics official website About us.Retrieved 2011-03-18
  2. PR Newswire Association LLC. Otologics, Maker of the Carina (TM) Fully Implantable Hearing Device, Will Demonstrate This Breakthrough Technology at the European Academy of Neural Otology, in Cologne, Germany September 20 to 24th. The Free Library by Farflex. Retrieved 2011-03-18 http://thefreelibrary.com/Otologics,+Maker+of+the+Carina(TM)+Fully+Implantable+Hearing+Device,...-a0151609241
  3. "Otologics files for bankruptcy". www.bizjournals.com. Retrieved 2020-07-15.{{cite web}}: CS1 maint: url-status (link)
  4. Laura Johannes. Sweet Sounds: After years of failures and frustrations, implanted hearing aids appear to be on the horizon. Wall Street Journal, 2008. Retrieved 2011-05-11.http://newsroom.hei.org/pr/hri/sweet-sounds.aspx
  5. L.Bruschini, F. Forli, A. Santoro, P. Bruschini, S. Berrettini. Fully implantable Otologics MET Carina device for the treatment of sensorineural hearing loss. Preliminary surgical and clinical results. ACTA Otorhinolaryngologica Italia 2009; 29:79-85. Retrieved 2011-05-05. http://www.actaitalica.it/issues/2009/2-09/Bruschini.pdf
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