Cochlear donates $10m to Johns Hopkins for new hearing loss center, research

Cochlear Ltd. (ASX:COH) said today it donated $10 million to the Johns Hopkins Bloomberg School of Public Health to found the Cochlear Center for Hearing and Public Health, which it touted as the first academic institute looking to address hearing loss as a global health priority. The new center is slated to be led by Dr. Frank Lin, and aims to conduct research to determine the effects of hearing loss on public health on a global scale. The center will also develop and test interventions looking to reduce the effects of hearing loss and create policies and strategies to improve hearing loss interventions, Cochlear said. “The Cochlear Center for Hearing and Public Health will be dedicated to understanding and addressing the impact of hearing loss on public health. The center represents a unique collaboration between industry and academia that is possible because of the shared vision that hearing and our ability to engage effectively with others and the environment is fundamental to human health but not yet a priority in public health. Implementation of public health initiatives around hearing­—or nearly any other public health problem—requires insights from industry into how to create scalable commercial and economic models for the development and delivery of services and technology. Cochlear will be able to provide these insights to the Center,” Dr. Lin said in a prepared release. The $10 million gift will be delivered over 10 years, during which Cochlear wil...
Source: Mass Device - Category: Medical Devices Authors: Tags: Business/Financial News Otolaryngology Ear, Nose & Throat Cochlear Ltd. Source Type: news