- Business
- Envoy Medical, Inc. (NASDAQ: COCH) develops and commercializes innovative hearing health technologies across the hearing loss spectrum, including fully implanted devices that leverage natural ear anatomy for improved access, usability and quality of life; its core products comprise the FDA-approved Esteem fully implanted active middle ear implant for moderate to severe sensorineural hearing loss, commercially available in the U.S. since 2010, personal sound amplification products, bone conduction devices such as auditory osseointegrated implants for conductive and mixed hearing losses, and the investigational Acclaim fully implanted cochlear implant for severe to profound sensorineural hearing loss. Founded in 1995 and headquartered in White Bear Lake, Minnesota, the company primarily serves patients and healthcare providers in the United States through its medical device offerings in the surgical and medical apparatus industry. In recent developments, Envoy Medical changed its name from Envoy Medical Corporation in September 2023, eliminated $32 million in debt during third-quarter 2025, received FDA approval in October 2025 to advance its Acclaim pivotal clinical trial to the final stage based on promising data from initial patients, enrolled the first three patients in that trial stage by early November 2025, completed a $2.5 million registered direct offering in September 2025 followed by up to $16 million in October 2025, secured multiple new U.S. patents including its 40th in December 2025 for cochlear implant innovations, achieved six-month milestones with the first 10 Acclaim trial patients in November 2025, and received a positive NASDAQ listing determination in October 2025.