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Advanced Bionics

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Advanced Bionics
AB Logo Blue.jpg
Public
ISIN🆔
IndustryMedical devices
Founded 📆1993
Founder 👔Alfred E. Mann[1]
Headquarters 🏙️,
Stäfa, Switzerland
Area served 🗺️
Key people
Gerhard Roehrlein, Chief Executive Officer
Robert Gulock, Vice President
Arthur Rascon, Vice President Of Manufacturing
Products 📟 Cochlear implants
Members
Number of employees
ParentSonova
🌐 Websitehttp://www.advancedbionics.com
📇 Address
📞 telephone

Advanced Bionics was founded in Valencia, California in 1993 and as of 2009 has been part of Sonova Group.[2] Advanced Bionics is currently the world's second leading producer of cochlear implant systems in sales, behind Cochlear Limited and ahead of MED-EL.[3][4] In 2009 Sonova Group bought Advanced Bionics for 489 million USD.[5]

Corporate Affairs[edit]

Advanced Bionics was originally an American company, headquartered in Valencia, California until it was acquired by Sonova in 2009. Since the acquisition the company has been working with Phonak, another Sonova company, to develop hearing technology.[6] Advanced Bionics primarily competes with MED-EL and Cochlear limited in the cochlear implant market, with its competitors holding 70% of the market.[7]

Technology[edit]

Advanced Bionics produces cochlear implant systems for people with severe to profound hearing loss. Currently in production are both Naída and Neptune series speech processors containing dual microphones developed by Phonak.[8][9][10] The company introduced a multichannel implant in 1996 (having eight channels) after Cochlear brand created the first multichannel implant in 1984 (with 22 channels and one current source).[11] Advanced Bionics later improved upon the original Clarion device, and their current devices contain 16 channels with 16 independent current sources.[12] The internal components of the implant are made of titanium and silicone; the device can stimulate up to 120 spectral bands of information at 83,000 pulses per second.[13]

Recalls[edit]

In 2010, Advanced Bionics recalled a batch of its HiRes 90K implants after two patients experienced painful malfunctions.[14] After a jury awarded a plaintiff who suffered severe electric shocks 7.25 million USD,[15] Advanced Bionics announced they would appeal.[16]

External Links[edit]


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See also[edit]

  • Sonova
  • Cochlear Limited
  • MED-EL
  • Cochlear implant

References[edit]

  1. Feder, Barnaby J. (2007-08-10). "To Curb Risk, Boston Scientific to Sell Device Maker It Bought in '04". The New York Times. ISSN 0362-4331. Retrieved 2017-02-10.
  2. Bronzino, Joseph D.; Peterson, Donald R. (2006-04-14). Biomedical Engineering Fundamentals. CRC Press. ISBN 9781420003857. Search this book on Amazon.com Logo.png
  3. Ahmed, Nabila (2011-09-13). "Big risk in Cochlear's precautionary recall". The Australian. News Corp Australia. Retrieved 2016-07-14.
  4. "New global market analysis for cochlear implants 2016-2020". www.audiology-worldnews.com. Retrieved 2017-02-10.
  5. "Sonova to buy Advanced Bionics Corp for $489 million". Reuters. 9 November 2009. Retrieved 2017-10-17.
  6. "Advanced Bionics, LLC: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-10-26.
  7. "New global market analysis for cochlear implants 2016-2020". www.audiology-worldnews.com. Retrieved 2017-02-10.
  8. "Advanced Bionics | Crunchbase". Crunchbase. Retrieved 2017-10-17.
  9. Chaikof, Rachel. "Images of Cochlear's New Aqua+ and Advanced Bionics' New Aqua Case (Aqua Accessory) «  Cochlear Implant Online". cochlearimplantonline.com. Retrieved 2017-10-26.
  10. Chaikof, Rachel. "News Round-Ups: Cochlear Implant Hybrid, Today Show, Nucleus 6 for N24 Recipients, and more… «  Cochlear Implant Online". cochlearimplantonline.com. Retrieved 2017-10-26.
  11. "Cochlear Implants". www.asha.org. Working Group on Cochlear Implants. 2004. Retrieved 2017-10-26.
  12. "Electrodes and Channels". cochlear implant HELP. 2012-12-28. Retrieved 2017-10-26.
  13. "Cochlear Implant Brand Comparison Chart" (PDF).
  14. Health, Center for Devices and Radiological. "Recalls, Market Withdrawals, & Safety Alerts - Advanced Bionics Announces Voluntary Recall Of The Hires 90k Cochlear Implant". www.fda.gov. Retrieved 2016-04-27.
  15. "Jury awards $7.25 million over violent shocks caused by Advanced Bionics cochlear implant". www.hop-law.com. Retrieved 2017-10-17.
  16. "Advanced Bionics will appeal the cochlear implant verdict | Sonova". www.sonova.com. Retrieved 2016-04-27.

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