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This spotlight is on an exciting new company Otonomy Inc., which is focused on the development of treatments for middle- and inner-ear disorders.
Otonomy Inc. is a San Diego-based start-up, founded by Jay Lichter (Avalon Ventures, VC) and Dr. Jeffrey Harris (UCSD). It has recently announced its prestigious scientific board of physicians and research scientists specialising in diseases and disorders of the ear.
The board includes:
Otonomy is currently developing an intratympanic injection of a sustained-release gel formulation of dexamethasone (a steroid), to treat Meniere’s disease, sudden sensorineural hearing loss, and noise-induced hearing loss. The off-label use of steroid solutions to treat inner ear disorders is growing in utilisation but typically requires multiple intratympanic injections to achieve sustained exposure to the cochlear fluids. Otonomy’s proprietary formulation has been designed to provide extended duration drug release from a single injection. Clinical trials for this product are anticipated to begin in 2010.
Future development programs will utilize the company’s formulation platform to deliver existing drugs for treating other forms of hearing loss.
Please visit their website: www.otonomy.com (external link)
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