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InnerScope Hearing Technologies (OTC: INND) Launches Its iHEAR Brand of OTC Hearing Aids on CVS.com
InnerScope Hearing Technologies (OTC: INND) Launches Its iHEAR Brand of OTC Hearing Aids on CVS.com.
About this update from Innerscope Hearing Technologies, Inc.
[{"type":"text","content":"\n ROSEVILLE, CA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- InnerScope Hearing Technologies Inc. (OTC: INND) (\"InnerScope\"), an emerging and disruptive leader in the Over-the-Counter (OTC) Hearing Aid space today announced that it has launched four models of iHEAR branded Over-the-Counter (\"OTC\") Rechargeable Hearing Aids (\"iHEAR OTC Rechargeable Hearing Aids\") on CVS.com. The launch of the iHEAR OTC Hearing Aids on CVS.com provides InnerScope with a much broader market penetration and distribution channel through CVS Health, the largest U.S. pharmacy chain.  InnerScope's iHEAR OTC Rechargeable Hearing Aids offers the latest hearing technology, including models with Bluetooth wireless app-controlled technology using a smartphone or tablet. In addition, two models provide full audio streaming for hands-free phone calls, listening to music or podcasts, and noise reduction with directional microphone technology for better speech understanding in noisy environments. All iHEAR's OTC Rechargeable Hearing Aids come with a pocket-size charging unit that holds up to 3 to 4 charges, each lasting up to 18 to 24 hours* on a single charge (*without audio streaming.)  Typically, hearing aids with the same technology and features sold and fit by hearing healthcare professionals in traditional clinics would cost between $4,000 to $6,000 a pair or higher. However, since the Food and Drug Administration (\"FDA\") finalized the rule starting October 17, 2022, allowing OTC hearing aids to be sold online and in major retail stores and pharmacy chains without a prescription or a need to see a medical or hearing professional, CVS.com customers can now save thousands of dollars. The iHEAR OTC Rechargeable Hearing Aids are priced between $499.99 to $999.99 for a pair and deliver the same hearing experience satisfaction as the professionally fitted hearing aids.  \"The launch of iHEAR OTC Rechargeable Hearing Aids on CVS.com significantly bolsters the iHEAR brand and its market penetration,\" said Matthew Moore, President and CEO of InnerScope Hearing Technologies. \"Additionally, with this launch on CVS.com, we believe InnerScope, including its subsidiary, HearingAssist, currently has more distribution channels with retail locations than any other OTC hearing aid competitor,\" Moore continued.  \"We are excited about launching iHEAR OT...