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Phonak Holding AG was founded in 1985 as a holding company for the Phonak Group. In 1987 corporate headquarters were moved from Zurich to Stäfa . The company was floated on the SWX Swiss Exchange in 1994 and renamed Sonova Holding AG on 1 August 2007, although this change applied only to the holding company and in parts to the subsidiaries ...
According to Dr. Anish Thakkar, Director of Audiology at Los Angeles Center for Ear, Nose, Throat, and Allergy, the company is succeeding at its mission, sharing, "Phonak makes excellent hearing ...
Then there’s the Phonak Lyric: a 100% invisible hearing aid. The Lyric hearing aid was designed to be an extended-wear hearing aid that’s placed near the eardrum by a trained hearing professional.
The hearing aid market has advanced by leaps and bounds since the FDA's 2022 regulatory change allowing hearing aids to be sold over the counter. The greatly increased competition between ...
Business Week reports that this hearing aid received a 2009 Medical Design Excellence Award. [4] Lyric was sold in 2010 to Sonova, the parent company of Phonak, a hearing aid (daily wear) manufacturer. Phonak launched a new version of the Lyric (Lyric 2) in 2012 that is smaller in order to fit more ear canals.
Hearing aids are used for a variety of pathologies including sensorineural hearing loss, conductive hearing loss, and single-sided deafness. Hearing aid candidacy was traditionally determined by a Doctor of Audiology, or a certified hearing specialist, who will also fit the device based on the nature and degree of the hearing loss being treated.