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Nuheara: Signs Target.com to distribution base, ships first HP Hearing PRO to USA

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Nuheara Signs Target.com to distribution base, ships first HP Hearing PRO to USA

  • Nuheara (NUH) ships its first batch of world-first US FDA-approved OTC hearing aids as it signs retail giant Target to its online distribution base
  • The company began mass producing the HP Hearing Pro product earlier this month and will now reach “millions” of consumers through Target.com
  • CEO John Luna says the company is continuing to strengthen its omnichannel approach to reaching all consumers that can benefit from its tech in the States
  • The company says 38 million people in the US suffer mild to moderate hearing loss
  • NUH shares are up 2.5 per cent and trading at 20.5 cents at 3:08 pm AEDT
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