Austrian MED-EL buys Symphonix hearing assets
This article was originally published in Clinica
MED-EL, an Austrian firm based in Innsbruck, is to acquire a package of assets and liabilities from Symphonix Devices of San Jose, California. It will pay $2.5m. Symphonix, which is in the process of dissolution, is the originator of the Vibrant Soundbridge, an implantable middle-ear hearing device.