So here comes the stock market guru Bob again.
So if Otonomy succeeds, the stock could potentially triple at most.
The risk of everything going wrong is immensely higher.
As an example, let me mention the BioNTech share. When no one suspected that they were dealing with a pandemic and making the world's #1 vaccine, it multiplied tenfold. But now they are a cash cow and the price has been going downhill for months.
Your cancer medication isn't helping you. That would bring in only a fraction of the current profits.
Well, with Otonomy, if they bring OTO-313 onto the market, only the very, very badly affected, like us here, would want to take it.
With my 4/10 tinnitus until 2020, I would never have wasted a thought about having something injected through my eardrum. Never.
Therefore, commercialization will be very limited.
Unfortunately.