Envoy Medical Secures Patent for Advanced Implantable Battery Technology
Envoy Medical Strengthens Its Patent Portfolio
Envoy Medical, Inc. (NASDAQ: COCH), a leader in developing advanced hearing solutions, is proud to announce the recent award of a patent for its innovative rechargeable system designed specifically for its implantable devices. This achievement further advances the company's mission to enhance the lives of individuals grappling with significant hearing loss through fully implanted technologies.
Breakthrough in Implantable Battery Technology
On September 3rd, the United States Patent and Trademark Office granted Envoy Medical Patent No. 12,081,061, aptly titled "Recharge System for Implantable Battery." This novel technology focuses on managing the thermal aspects associated with charging an implanted rechargeable energy storage device. Essentially, it enables the regulation of current supplied during the charging process, thereby maintaining a safe temperature for the device's battery. This breakthrough is crucial for ensuring safe operations of implanted medical technologies.
CEO’s Vision for Innovation
"We are excited to add this patent to our expanding portfolio, which underscores our commitment to technological advancement in hearing solutions," stated Brent Lucas, the CEO of Envoy Medical. He emphasized the importance of managing battery temperatures during the charging process. This patent represents a significant step in risk mitigation for implanted medical devices, reinforcing Envoy Medical's dedication to innovation and patient safety.
Introducing the Esteem Fully Implanted Hearing Device
Envoy Medical offers the Esteem fully implanted active middle ear implant (FI-AMEI), which stands out as the only FDA-approved device of its kind for adults with moderate to severe sensorineural hearing loss. This device allows seamless, 24/7 hearing using the natural anatomy of the ear, and crucially, it is completely invisible. Users do not need to manage external components or insertions in the ear canal, which differentiates it from traditional hearing aids. Once activated, the Esteem device operates without the need for daily insertion or removal, leading to a truly hassle-free hearing experience.
Acclaim Cochlear Implant: A Revolutionary Approach
In addition to the Esteem IMEI, Envoy Medical is pioneering the development of the Acclaim Cochlear Implant, which is poised to be the first fully implanted cochlear implant. Unlike conventional cochlear implants, this device utilizes the natural ear's anatomy to capture sound, eliminating the need for a microphone. This innovative approach directly addresses severe to profound sensorineural hearing loss and is deemed suitable for adults evaluated positively by qualified medical professionals.
Company’s Future and Investor Information
Envoy Medical’s Acclaim CI has already gained recognition, receiving the Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA). This recognition popped up shortly after its initial prototype development, highlighting the groundbreaking nature of this product.
As the company endeavors to bring innovative hearing solutions to market, it also constantly engages with its investors. For any inquiries related to investments or if you seek more detailed information, you can reach out to CORE IR at 516-222-2560 or via email at investorrelations@envoymedical.com.
Frequently Asked Questions
What is the primary focus of Envoy Medical?
Envoy Medical specializes in developing fully implanted hearing devices designed to assist individuals with significant hearing loss.
What does the recently awarded patent cover?
The patent covers a recharge system that maintains safe temperature levels in implanted batteries during charging.
What is the Esteem FI-AMEI?
The Esteem FI-AMEI is a fully implanted hearing device that allows users to experience natural hearing without external components.
How does the Acclaim Cochlear Implant differ from traditional implants?
It utilizes the ear's anatomy to capture sound instead of using a microphone, thus offering a more integrated hearing experience.
How can investors learn more about Envoy Medical?
Investors can access company filings through the SEC's website or contact investor relations directly.
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