Thursday, July 2, 2020

Getting to Know: Cochlear Limited

You could have bought stock in Cochlear Limited at the turn of the century for about $10. A few days ago the stock was worth more than $133 a share.  Cochlear Limited is the biggest of the three companies that dominate the cochlear implant market. More than a quarter of a million people have a Cochlear implant. Based in Australia, Cochlear Limited does most of its business in Europe and the U.S. through more than a dozen subsidiaries. With a billion dollars in annual revenue, the company features brands like Nucleus and Baha. More than a quarter of a million people have one of its implants. It employs more than 4000 people. Read more here.