Fresh from winning regulatory approval for its Esteem hearing device, Envoy Medical Corp. is seeking $16.5 million from the sale of equity, according to documents filed with the Securities and Exchange Commission. The company, based in White Bear Township, Minn., has so far raised $330,000. In March, the Food and Drug Administration approved Envoy’s Esteem […]
In an interview, Roger Lucas, a former senior vice president and chief scientific officer for Techne, says he believes Envoy will go public in two years and reach a $3 billion to $5 billion market cap.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
CEO Patrick Spearman said he expects the FDA to grant Envoy's Premarket Approval (PMA) application by next February. Although FDA advisory panel recommendations are not binding, the agency almost always follows them.