Welcome to our dedicated page for Innerscope Hear news (Ticker: INND), a resource for investors and traders seeking the latest updates and insights on Innerscope Hear stock.
InnerScope Hearing Technologies (INND) reports developments in OTC hearing aids, hearing-aid accessories, and hearing-health products. The company manufactures and distributes products under brands including HearingAssist and iHEAR, using a B2B distribution model through major retailers, pharmacy chains, and healthcare service companies.
Recurring news covers retail and e-commerce launches, product availability for rechargeable OTC hearing aids, the OTCHealthMart online health-and-wellness platform, operating and financial results, shareholder voting matters, capital-structure updates, and regulatory disclosures tied to OTC hearing products.
InnerScope Hearing Technologies (OTC: INND) announced its intent to acquire 100% of Hearing Assist II LLC via a Letter of Intent signed on October 19, 2021, with a target closing date of November 15, 2021. Hearing Assist has sold over 500,000 hearing aids, generating $72 million in revenue through July 2021 and serving almost 400,000 customers across 757 Walmart stores. This acquisition aims to strengthen InnerScope's market position in the direct-to-consumer hearing aid sector, with projected revenue exceeding $150 million by 2024.
InnerScope Hearing Technologies has appointed Adnan Shennib as its new Chief Technology Officer (CTO), effective immediately. Shennib brings over 30 years of experience in the hearing sector, having worked with major manufacturers like ReSound and founded iHEAR Medical. His innovations include the Lyric® hearing device and the iHEARtest™, the only FDA-cleared home hearing test. InnerScope's recent acquisition of iHEAR positions the company as a leader in direct-to-consumer and over-the-counter hearing products, aiming to develop new devices for tech-savvy consumers.
InnerScope Hearing Technologies has completed an asset purchase of iHEAR Medical, strengthening its position in the direct-to-consumer hearing products market. This acquisition grants InnerScope access to iHEAR's FDA-cleared home hearing screener, advanced hearing aids, and established distribution channels including CVS and Amazon. With over 40 patents in hearing technology, this move aims to leverage AI and advanced sound processing for next-generation hearing products. The strategic acquisition responds to the growing global demand for affordable hearing solutions.
InnerScope Hearing Technologies Inc. (OTC: INND) showcased its innovative hearing health products to major U.S. retailers like CVS, Costco, and Kroger at the virtual Home Health & Diabetes Care Program from Sept. 20-23, 2021. As the only company representing the hearing device category, InnerScope presented its Bluetooth app-controlled hearing aids and dietary supplements to 50 corporate buyers. The event aims to drive product discovery and category development. InnerScope's goal is to provide affordable hearing solutions to the 48 million Americans impacted by hearing loss.
InnerScope Hearing Technologies Inc. (OTC PINK: INND) announces its CEO, Matthew Moore, will present at two investor conferences on August 18, 2021. The presentations will focus on InnerScope's position as a leader in the direct-to-consumer hearing technology space, particularly in light of the upcoming OTC Hearing Aid Act that allows retail sales of hearing aids without prescriptions. Attendees can join live and view archived webcasts for more information.
InnerScope Hearing Technologies (OTC: INND) has partnered with Health-E Commerce to provide medical-grade Direct-to-Consumer Hearing Aids to over 70 million consumers using pre-tax health spending accounts (FSAs and HSAs). This collaboration enables these consumers to access affordable, app-controlled hearing aids without needing a prescription. Through platforms like FSAstore.com and HSAstore.com, InnerScope aims to improve accessibility for the 48 million Americans suffering from hearing loss, addressing both affordability and convenience.
InnerScope Hearing Technologies (OTC PINK:INND) will present at the SNN Network Summer Virtual Event 2021 on August 18, 2021, at 3:00 PM EST. CEO Matthew Moore will lead the presentation and address investor inquiries. Interested participants can register for the event to access the live presentation and schedule one-on-one meetings with the company. InnerScope specializes in Direct-to-Consumer Hearing Technology, focusing on affordable app-controlled hearing aids aimed at improving the lives of those with hearing impairments.
InnerScope Hearing Technologies (OTC: INND) has filed its financial reports with OTC Markets and is now officially 'Pink Current.' The company intends to upgrade to the OTCQB as soon as it fulfills the necessary requirements. InnerScope's CEO, Matthew Moore, expressed appreciation for shareholder support during this transition and emphasized that achieving 'Pink Current' was a key focus for management in 2021. The company aims to enhance shareholder value and concentrate on expanding market reach and revenue for its direct-to-consumer hearing products.
InnerScope Hearing Technologies (OTC: INND) has partnered with New to The Street TV for a national 'Hearing Loss Media Blitz Campaign' aimed at raising awareness about hearing loss and promoting direct-to-consumer Bluetooth app-controlled hearing aids. The $600,000 campaign will include 660 commercials and 156 digital billboards in NYC over six months. InnerScope's subscription plans, starting at $44 per month, offer affordable access to hearing aids without medical evaluations. This initiative follows a recent executive order aimed at making hearing aids more accessible, catering to the 48 million Americans with hearing loss.
InnerScope Hearing Technologies Inc. (OTC: INND) announced on May 17, 2021, its partnership with Skyline Corporate Communications Group to enhance its investor relations and corporate communications. This collaboration aims to manage growing investor expectations and improve transparency as InnerScope targets upgrading its security to the OTCQB and listing on a National Securities Exchange. The company focuses on providing affordable, app-controlled hearing solutions and plans to leverage its strengths in the direct-to-consumer market. InnerScope aims to address the hearing needs of 70 million North Americans.