Very true, the hype is a bit overblown imo. However, someone in the company said they are looking at tinnitus too:According to this article...
Xenon's XEN1101 for focal epilepsy has likely positive Phase II, but doubt on ability to produce seizure freedom and long-term success potential
...this drug is tested for epilepsy, not tinnitus. The article says that the effectiveness for epilepsy is moderate (seizures are not prevented).
I hope it will work for tinnitus but the current trials are not testing this it seems.
Xenon Pharmaceuticals Inc (XENE) Q2 2020 Earnings Call Transcript | The Motley Fool