Otofonix was co-founded by a retired Board-Certified Otolaryngologist (ENT Physician) who practiced medicine in Michigan for over 25 years. During this time he saw and treated many patients with hearing losses who would benefit from but who were unable to afford the thousands of dollars needed to purchase hearing aids.
Affordable “over-the-counter” hearing aids were not available at that time.
Shortly after his retirement he noticed the worsening of a personal lifelong hearing problem and was seen by a colleague. Unfortunately, there was no treatment for his hereditary nerve loss and he was stunned to find that the only help available to him was the purchase of a pair of brand name hearing aids for $7000. He quickly understood the obstacle faced by his former patients.
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