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0.0885094224096876 0.102115790189809 0.265392203551262 0.278998571331383 0.163344445200354 0.170147629090414 0.142934893530172 0.0204775835090824
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EXCLUSIVE: Envoy Medical Cuts Capital Needs After FDA Approval For Final Trial Stage Of Cochlear Implant Trial [Yahoo! Finance]

Envoy Medical, Inc. - Class A (COCH) 
Company Research Source: Yahoo! Finance
Food and Drug Administration (FDA) approval to expand its pivotal clinical trial for the fully implanted Acclaim cochlear implant to the final stage, based on promising three-month data from the first 10 patients. The FDA's approval of the expansion request removes a previously uncertain timing variable and allows the company to solidify its path toward regulatory approval. As a result, the company has shortened its estimated timeline by three to six months and expects to complete full enrollment by the early first quarter of 2026. Also Read: EXCLUSIVE: Envoy Medical Retires $32 Million Debt, Glen Taylor Steps Down From Board After Two Decades The updated timeline to commercialization and other improved efficiencies has allowed management to cut its anticipated capital needs by $10-$15 million. The first stage consisted of 10 participants at five clinical trial sites in the United States. All 10 patients completed their three-month milestone without reported serious advers Show less Read more
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