- May 27, 2020
- 556
- Tinnitus Since
- 2007
- Cause of Tinnitus
- Loud music/headphones/concerts - Hyperacusis from motorbike
I know this is an FX-322 thread but it's worth noting that Otonomy had half their value wiped out today after their meniere's drug failed Phase 3 (again).
Otonomy stock loses half its value after disappointing trial results of vertigo treatment
Biotech is notoriously volatile but I can't help but feel now that not all is well behind the scenes. Otidivex failed phase III 3 years ago and they put it down to a placebo effect from ENTs hyping up patients about getting the drug. Not only has it failed again, but they're also re-running OTO-413 Phase 1 again as well, despite positive results from their initial trial. Looks like any chance of relief in the next 5 years is only going to come from one place, if at all: FX-322.
Otonomy stock loses half its value after disappointing trial results of vertigo treatment
Biotech is notoriously volatile but I can't help but feel now that not all is well behind the scenes. Otidivex failed phase III 3 years ago and they put it down to a placebo effect from ENTs hyping up patients about getting the drug. Not only has it failed again, but they're also re-running OTO-413 Phase 1 again as well, despite positive results from their initial trial. Looks like any chance of relief in the next 5 years is only going to come from one place, if at all: FX-322.