INND - InnerScope Hearing Technologies Inc. (INND) Poised to Become Indisputable Leader in the Direct-to-Consumer Hearing Products Market
- INND purchased all assets and operations of iHEAR Medical, a venture-backed provider of FDA-cleared cloud-based hearing solutions
- Acquisition provides INDD access to over 40 patents developed by acquired company and opportunity to expand market reach by leveraging its distribution channels
- INND appears poised to position itself as leader in DTC hearing space; expects acquisition to rapidly expand Company's sales and distribution capabilities
InnerScope Hearing Technologies (OTC: INND), a leading manufacturer and distributor of FDA-registered hearing products and Personal Sound Amplifier Products, has acquired all assets and operations of iHEAR Medical Inc. (“iHEAR”), a venture-backed pioneer in the online direct-to-consumer hearing solutions. InnerScope expects the acquisition to expand and solidify the Company's position as the emerging leader in the market of direct-to-consumer and over-the-counter hearing products. Acquired assets include iHEAR's FDA-Registered manufacturing facility, R&D center, and shipping operations in San Leandro, California (https://ibn.fm/3oM09).
The California-based iHEAR has a demonstrated track record in bringing novel hearing solutions to the market. It boasts a team that holds more than 100 patents in miniature hearing electronics and medical devices. Often featured in major media outlets such as...
NOTE TO INVESTORS: The latest news and updates relating to INND are available in the company’s newsroom at http://ibn.fm/INND
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