Hearing implant manufacturer Cochlear (ASX:COH) is excited the UK has opened up the criteria for health professionals to decide who has implants on the National Health Service.
The move could double the number of potential patients.
This important change follows campaigning from advocacy and community associations, healthcare professionals, Cochlear and key groups including the British Academy of Audiology (BAA), the British Society of Audiology (BSA) and the British Cochlear Implant Group (BCIG).
Today’s news follows recent changes in Japan and Taiwan where the expansion has driven growing demand for implants.
Shares in Cochlear (ASX:COH) are trading 0.28 per cent higher to $177.64.