Hearing implant firm loses millions after losing exclusive distributor status
Danish hearing implant company Danaflex is no longer exclusive distributor of products from Australian hearing implant group Cochlear in Denmark. Instead, the company now has status as service provider, resulting in declined income and reduced profit. Nevertheless, the CEO is "more than satisfied" with the annual report.
The prices of cochlear implants for severely hearing-impaired patients are rapidly decreasing. More players enter the market, and competition gets fiercer.
Allerede abonnent?Log ind her
Læs hele artiklen
Få adgang i 14 dage for 0 kr. Det kræver intet kreditkort, og du vil ikke overgå til et betalt abonnement efterfølgende.
