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June 02, 2015 6:35 AM ET

Healthcare Equipment and Supplies

Company Overview of Cochlear Americas Corporation

Company Overview

Cochlear Americas Corporation provides electronic hearing devices and implants. It offers Nucleus systems for moderate-severe hearing loss; and Baha 3 systems for conductive or mixed hearing loss, and single sided deafness. The company also provides Aqua Accessory, a custom cover to hold the processor and coil inside for protecting the implant technology from water damage. It offers its products for 12 months old children with profound hearing loss in both ears, children who are two years or older with severe-to-profound hearing loss in both ears who obtain little or no benefit from hearing aids, and adults with moderate-to-profound hearing loss in both ears. Cochlear Americas Corporation se...

13059 East Peakview Avenue

Suite 400

Centennial, CO 80111

United States

Founded in 1984

Phone:

303-790-9010

Fax:

303-792-9025

Key Executives for Cochlear Americas Corporation

Chief Executive Officer
President
Age: 51
President of Cochlear Bone Anchored Solutions
Chief Medical Officer
Vice President of Marketing & Recipient Services
Compensation as of Fiscal Year 2014.

Cochlear Americas Corporation Key Developments

Cochlear Faces $131.2 Million Damages from US Law Suit

Cochlear Ltd. has announced that a jury in the US District Court in Los Angeles has found direct, contributory and willful, but not induced infringement against Cochlear and its US subsidiary Cochlear Americas. Damages of $131.2 million have been awarded against Cochlear. No judgment has been entered based on the verdict as important issues still remain to be decided by the Judge. These decisions may negate some of the findings of the jury and could alter the damages awarded by the jury. Cochlear believes the facts and the law do not support the jury's findings and will seek to overturn the verdict in post-trial motions with the District Court and, if necessary, through the appeals process. The verdict relates to two US patents on testing systems and methods for a cochlear implant.

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