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Envoy Medical Announces First Patients Successfully Reaching 12-Month Endpoint in Pivotal Clinical Trial for Fully Implanted Cochlear Implant

(Neutral)

Envoy Medical (NASDAQ: COCH) announced the first three pivotal trial patients implanted in early 2025 have successfully reached their 12-month endpoint, marking a key study milestone as the trial is now fully enrolled. The company plans a PMA submission to FDA after all 12-month evaluations are complete.

The investigational Acclaim fully implanted cochlear implant leverages proprietary sensor technology and holds Breakthrough Device designation (2019). Envoy also markets the FDA-approved Esteem implant, commercially available in the U.S. since 2010.

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Positive

  • First three patients reached 12-month endpoint (implanted early 2025)
  • Trial is fully enrolled, enabling primary endpoint data collection
  • PMA submission planned after all 12-month evaluations are complete
  • Breakthrough Device designation for Acclaim (2019)
  • Esteem implant FDA-approved and commercial in U.S. since 2010

Negative

  • No complete 12-month primary endpoint results currently available
  • PMA timing depends on completion of all 12-month evaluations

News Market Reaction – COCH

+6.00%
3 alerts
+6.00% Session close to close
+8.3% Peak Tracked
$58.43M Market Cap
0.2x Rel. Volume

In the Apr 1 session, COCH gained 6.00%, reflecting a notable positive market reaction. Argus tracked a peak move of +8.3% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +6.0% in the session following this news. A strong positive reaction aligns with the...
Analysis

The stock moved +6.0% in the session following this news. A strong positive reaction aligns with the company’s pattern of significant moves on clinical milestones, where prior trial updates saw moves around 4.74% on average and occasionally higher. This 12‑month endpoint marks the first readout at the primary evaluation timepoint, but past history shows that enthusiasm sometimes faded after early spikes. Financing needs, regulatory timelines, and overall market risk could still influence how durable any outsized gain proves.

Key Figures

Patients at 12-month endpoint: 3 patients Primary endpoint timing: 12 months Cochlear implant adoption: 6 percent +3 more
6 metrics
Patients at 12-month endpoint 3 patients First pivotal trial participants reaching 12‑month endpoint visit
Primary endpoint timing 12 months Primary trial endpoints tied to 12‑month data
Cochlear implant adoption 6 percent NIH-cited share of eligible individuals receiving cochlear implants
Esteem approval year 2010 FDA-approved Esteem fully implanted middle ear implant since 2010
Breakthrough designation year 2019 Acclaim cochlear implant Breakthrough Device Designation from FDA
Follow-up duration 12-month evaluations All trial participants to complete 12‑month evaluations before PMA filing

Previous Clinical trial Reports

5 past events · Latest: Mar 11 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 11 Enrollment completion Positive +9.1% Announced implantation of the 56th and final patient in pivotal trial.
Feb 19 Financing & trial update Positive -2.9% Reported upsized financing and strong progress with 47 of 56 implants done.
Feb 17 Enrollment progress Positive +14.8% Highlighted 45 of 56 patients implanted and timeline toward PMA submission.
Dec 18 Mid-enrollment milestone Positive -0.4% Reached midway enrollment in pivotal Acclaim study with timeline reaffirmed.
Dec 10 First activations Positive +3.1% Completed first activations in final study stage with no serious adverse events.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Clinical trial milestones have often produced positive reactions, but there is a mixed record with several instances of negative or muted responses despite constructive updates.

Recent Company History

Over the past year, Envoy Medical has repeatedly highlighted progress in its fully implanted Acclaim cochlear implant pivotal trial. Prior updates covered early activations, mid- and late-stage enrollment milestones, and confirmation of a path toward a potential PMA submission. Price reactions to these clinical headlines have ranged from modest declines to strong double‑digit gains, underscoring that while trial progress is a central driver, investor responses have not been uniformly positive. This 12‑month endpoint milestone fits into that ongoing trial completion narrative.

Key Terms

pivotal clinical trial, Premarket Approval (PMA), FDA, Breakthrough Device Designation, +2 more
6 terms
pivotal clinical trial medical
"the first three patients implanted in its pivotal clinical trial for the fully implanted Acclaim"
A pivotal clinical trial is a late-stage medical study designed to provide the main evidence regulators use to decide whether a drug or medical device can be approved and sold; think of it as the product’s final exam. For investors, the trial’s outcome is critical because a clear pass can unlock regulatory approval, market access and future revenue, while failure can halt commercialization and materially affect a company’s valuation.
Premarket Approval (PMA) regulatory
"Envoy Medical plans to submit its Premarket Approval (PMA) application to the U.S."
Premarket Approval (PMA) is the strict regulatory review process used by the U.S. authority for high-risk medical devices to prove they are safe and effective before they can be sold. For investors, a granted PMA is like receiving a key to a locked market: it can open exclusive sales opportunities, reduce near-term competition, and justify higher valuations, while also signaling that the company has cleared a costly, time-consuming hurdle.
FDA regulatory
"PMA application to the U.S. Food and Drug Administration (FDA)."
The FDA is the U.S. federal agency that evaluates and approves medical drugs, devices, biological therapies and certain foods; think of it as the gatekeeper that decides whether a medical product is safe and effective for patients. For investors, FDA decisions determine whether a company can sell a product, affect expected revenue and introduce regulatory risk, so approvals, rejections or safety warnings can quickly move a company's valuation and stock price.
Breakthrough Device Designation regulatory
"The Acclaim cochlear implant received Breakthrough Device Designation from the FDA in 2019"
A breakthrough device designation is a regulatory program that gives promising medical devices for serious or life‑threatening conditions priority support and faster review from a health authority (e.g., the U.S. FDA). Think of it as a “fast lane” or VIP pass through development and review: it can shorten time to market, lower regulatory uncertainty, and boost a company’s commercial prospects — but it is not an approval by itself.
sensorineural hearing loss medical
"designed to address severe to profound sensorineural hearing loss without externally"
Loss of hearing caused by damage to the inner ear or the nerve that carries sound signals to the brain; think of the ear’s sensory cells or wiring failing so quieter sounds or certain pitches no longer register. Investors care because this is a common, often permanent condition that creates ongoing demand for diagnostics, hearing aids, implants and drug therapies, so progress in treatment, device approvals or reimbursement can meaningfully affect company sales and valuation.
cochlear implant medical
"pivotal clinical trial for the fully implanted Acclaim cochlear implant have successfully"
A cochlear implant is a surgically implanted medical device that converts sound into electrical signals and stimulates the inner ear to provide a sense of hearing for people with severe hearing loss, working like a tiny radio and wiring that bypasses damaged parts of the ear. Investors track cochlear implants because they involve durable hardware, ongoing service and upgrades, regulatory approvals, reimbursement rules and surgical volumes—factors that drive revenue, margins and long-term market growth.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Company Remains on Schedule for PMA Submission to FDA

White Bear Lake, Minnesota--(Newsfile Corp. - April 1, 2026) - Envoy Medical®, Inc. (NASDAQ: COCH) ("Envoy Medical"), a hearing health company pioneering fully implanted hearing solutions, announced that the first three patients implanted in its pivotal clinical trial for the fully implanted Acclaim® cochlear implant have successfully completed their 12-month endpoint visit, marking a key milestone in the study's progress.

The first three pivotal trial patients implanted at the start of 2025 are now the first to reach the 12-month follow-up evaluation point. The primary endpoints for the trial are tied to 12-month data. Achieving this critical milestone on schedule underscores the Company's continued execution as it steadily marches towards commercialization.

"We are thrilled to highlight the first wave of trial participants successfully reaching and completing their 12-month endpoint," said Brent Lucas, CEO of Envoy Medical. "We believe our first-of-its-kind breakthrough technology has the potential to change the perception around how severe to profound hearing loss is treated and potentially increase adoption rates. Now that the trial has been fully enrolled and we are beginning to collect 12-month data, the future of hearing implants may be closer than you realize."

After all trial participants complete their 12-month evaluations, Envoy Medical plans to submit its Premarket Approval (PMA) application to the U.S. Food and Drug Administration (FDA).

The Acclaim® cochlear implant is an investigational, first-of-its-kind fully implanted device designed to address severe to profound sensorineural hearing loss without externally worn components. With Envoy Medical's proprietary sensor technology, the Acclaim® device design leverages the ear's natural anatomy to capture sound to support a smooth and discreet hearing experience.

Envoy Medical believes fully implanted hearing technology offers the potential to significantly expand adoption among patients unwilling or unable to use traditional hearing devices that rely on external hardware. Per the NIH, only six percent of eligible individuals receive cochlear implants, highlighting a substantial unmet need in the market.

The Company continues to build on its leadership in fully implanted hearing solutions, including its FDA-approved Esteem® fully implanted active middle ear implant, which has been commercially available in the United States since 2010.

The Acclaim® cochlear implant received Breakthrough Device Designation from the FDA in 2019 and is currently under investigation as part of a U.S. based pivotal clinical trial. For more information on the trial, visit www.envoymedical.com/acclaim-pivotal.

To be added to the Envoy Medical email distribution list, please email Envoy@kcsa.com with COCH in the subject line.

NIH Citation: Zhang L, Ding AS, Xie DX, Creighton FX. Understanding Public Perceptions Regarding Cochlear Implant Surgery in Adults. Otol Neurotol. 2022 Mar 1;43(3):e331-e336. doi: 10.1097/MAO.0000000000003439. PMID: 35147605; PMCID: PMC10368452.

About Envoy Medical, Inc.
Envoy Medical (NASDAQ: COCH) is a hearing health company focused on providing innovative technologies across the hearing loss spectrum. Envoy Medical has pioneered one-of-a-kind, fully implanted devices for hearing loss, including its fully implanted Esteem® active middle ear implant, commercially available in the U.S. since 2010, and the fully implanted Acclaim® cochlear implant, an investigational device. Envoy Medical is dedicated to pushing hearing technology beyond the status quo to improve access, usability, compliance, and ultimately quality of life.

About the Fully Implanted Acclaim® Cochlear Implant
We believe the fully implanted Acclaim Cochlear Implant ("Acclaim CI") is a first-of-its-kind hearing device. Envoy Medical's fully implanted technology includes a sensor designed to leverage the natural anatomy of the ear instead of a microphone to capture sound.

The Acclaim CI is designed to address severe to profound sensorineural hearing loss that is not adequately addressed by hearing aids. The Acclaim CI is expected to be indicated for adults who have been deemed adequate candidates by a qualified physician.

The Acclaim Cochlear Implant received the Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) in 2019.

CAUTION The fully implanted Acclaim Cochlear Implant is an investigational device. Limited by Federal (or United States) law to investigational use.

About the Esteem® Fully Implanted Active Middle Ear Implant (FI-AMEI)
The Esteem fully implanted active middle ear implant (FI-AMEI) is the only FDA-approved, fully implanted* hearing device for adults diagnosed with moderate to severe sensorineural hearing loss allowing for 24/7 hearing capability using the ear's natural anatomy. The Esteem FI-AMEI hearing implant is invisible and requires no externally worn components and nothing is placed in the ear canal for it to function. Unlike hearing aids, you never put it on or take it off. You can't lose it. You don't clean it. The Esteem FI-AMEI hearing implant offers true 24/7 hearing.

*Once activated, the external Esteem FI-AMEI Personal Programmer is not required for daily use.

Important safety information for the Esteem FI-AMEI can be found at: https://www.envoymedical.com/safety-information.

Additional Information and Where to Find It

Copies of the documents filed by Envoy Medical with the SEC may be obtained free of charge at the SEC's website at www.sec.gov.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-Looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Such statements may include, but are not limited to, statements regarding the expectations of Envoy Medical concerning the outlook for its business, productivity, plans and goals for future operations; the ability to obtain additional patents and develop future products or product improvements; the ability to maintain compliance with Nasdaq rules and requirements; the timing and future outcome of its FDA pivotal trial; the ability to raise capital and the amount of capital required to complete the FDA pivotal trial and early commercialization; the Acclaim CI being the first to market fully implanted cochlear implant; the timing and results of activations, enrollments, follow-up visits, data, and clinical trials of the Acclaim CI; and the participation or any changes or delays in participation of any subjects, institutions, or healthcare professionals in such trials; the safety, performance, and market acceptance of the Acclaim CI; the timing and results of the Acclaim CI's PMA submission to the FDA; the size of Envoy Medical's addressable market, operational performance, future market conditions or economic performance and developments in the capital and credit markets; and any information concerning possible or assumed future operations of Envoy Medical. The forward-looking statements contained in this press release reflect Envoy Medical's current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause its actual results to differ significantly from those expressed in any forward-looking statement. Envoy Medical does not guarantee that the events described will happen as described (or that they will happen at all). These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to changes in the market price of shares of Envoy Medical's Class A Common Stock; changes in or removal of Envoy Medical's shares inclusion in any index; Envoy Medical's success in retaining or recruiting, or changes required in, its officers, key employees or directors; unpredictability in the medical device industry, the regulatory process to approve medical devices, and the clinical development process of Envoy Medical products; the ability to engage competition in the medical device industry, and the failure to introduce new products and services in a timely manner or at competitive prices to compete successfully against competitors; disruptions in relationships with Envoy Medical's suppliers, or disruptions in Envoy Medical's own production capabilities for some of the key components and materials of its products; changes in the need for capital and the availability of financing and capital to fund these needs; changes in interest rates or rates of inflation; legal, regulatory and other proceedings could be costly and time-consuming to defend; changes in applicable laws or regulations, or the application thereof on Envoy Medical; a loss of any of Envoy Medical's key intellectual property rights or failure to adequately protect intellectual property rights; the effects of catastrophic events, including war, terrorism and other international conflicts; and other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Annual Report on Form 10-K filed by Envoy Medical on March 23, 2026, and in other reports Envoy Medical files, with the SEC. If any of these risks materialize or Envoy Medical's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. While forward-looking statements reflect Envoy Medical's good faith beliefs, they are not guarantees of future performance. Envoy Medical disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Envoy Medical.

Investor Contact
Phil Carlson
KCSA Strategic Communications
O: 212.896.1233
E: Envoy@kcsa.com

Media Contact
Anne Donohoe
KCSA Strategic Communications
O: 732-620-0033
E: Envoy@kcsa.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290776

FAQ

What milestone did Envoy Medical (COCH) report on April 1, 2026?

Envoy reported the first three pivotal trial patients reached their 12-month endpoint. According to the company, those patients were implanted at the start of 2025 and are the first to complete the trial's primary 12-month follow-up.

When does Envoy Medical (COCH) plan to submit a PMA to the FDA?

Envoy plans to submit a PMA after all trial participants complete 12-month evaluations. According to the company, PMA timing is contingent on finishing the 12-month follow-ups across the fully enrolled pivotal trial.

What is the Acclaim device and how is it different for COCH investors?

Acclaim is an investigational fully implanted cochlear implant without external hardware. According to the company, it uses proprietary sensor technology to leverage ear anatomy for a discreet hearing solution, aiming to expand adoption versus external devices.

Does Acclaim have any regulatory designations or prior company approvals relevant to COCH?

Yes. Acclaim received FDA Breakthrough Device designation in 2019, and Envoy's Esteem implant is FDA-approved and commercially available in the U.S. since 2010. According to the company, this history supports regulatory experience.

How much 12-month data has Envoy Medical (COCH) collected so far?

Envoy has begun collecting 12-month data with the first three patients completing that endpoint. According to the company, the trial is fully enrolled and additional 12-month evaluations are ongoing before final analysis.