Eargo, Hearx Merge for OTC Hearing
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new OTC hearing aidsMedical Technology News | MedTech Dive
•Technology
Technology
Eargo, Hearx merge into one OTC hearing aid firm, receive $100M boost

85% Informative
Eargo and Hearx have merged to create the over-the-counter hearing aid company LXE Hearing .
Hearx and Eargo competed for the OTC hearing aid market that the Food and Drug Administration created through the publication of a final rule in 2022 .
Eargo 's gross systems shipped fell from 45,136 in 2021 to 24,247 in 2022 , but reversed trend over the first nine months of 2023 .
VR Score
85
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