Company Profile

Advanced Bionics Corporation (AKA: Advanced Bionics LLC)
Profile last edited on: 12/15/22      CAGE: 1R1N6      UEI: C3P5FEF4NLZ8

Business Identifier: Implantable, high-technology neurostimulation devices. Cochlear implants
Year Founded
1993
First Award
1994
Latest Award
1999
Program Status
Inactive (Acquired)
Popularity Index
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Location Information

25129 Rye Canyon Loop
Valencia, CA 91355
   (661) 362-1400
   info@advancedbionics.com
   www.advancedbionics.com
Location: Multiple
Congr. District: 25
County: Los Angeles

Public Profile

Advanced Bionics Corporation develops implantable neurostimulation devices. The company develops and manufactures cochlear implants. Its devices restore hearing in the deaf and alleviate chronic pain. Acquired by Sonova Holding AG and working with Phonak since 2009, AB develops cutting-edge cochlear implant technology that restores hearing to those with severe-to-profound hearing loss. In June 2004, Advanced Bionics had been acquired by MA based, Boston Scientific. Advanced Bionics, manufacturer of cochlear implants, is an emerging leader in the field of neurostimulation. The firm manufacture a cochlear implant that uses neurostimulation to restore hearing in profoundly and severely deaf individuals. This device - Clarion - is surgically implanted and uses computer technology to bypass damaged parts of the inner ear by sending electrical sound signals directly to the auditory nerve. The Clarion was approved for use in adults by the FDA in August 1996 and for children in June 1997. Advanced Bionics is now working on vision restoration, rehabilitation of muscles of stroke victims, treatment of female urinary incontinence and relieve pain through an implantable neuromuscular stimulator. The company was later acquired a second time in November 2009, by Sonova Holding AG

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
500+
Revenue Range
Over 50M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
250-500

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
1999 1 NIH $108,343
Project Title: Modiolar Hugging Electrode System For Cochlear Implants
1998 1 NIH $100,000
Project Title: Suspended Carrier Telemetry for Microstimulators
1997 1 NIH $99,550
Project Title: Cochlear Electrode With High Channel Selectivity
1994 1 NIH $73,467
Project Title: Epidural Electrodes for FES Applications

Key People / Management

  Jeffrey H Greiner -- President

  Anthony D Falco

  Dorcas K Kessler

  Paul Meadows

  Primoz Strojnik

Company News

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