Otic Pharma

Foam-based Products for the Treatment of Ear, Nose, and Throat Disorders

Health Tech & Life Sciences
Acquired (Inactive) by Novus Therapeutics on May 2017 - closed due to acquisition
Acquired Rehovot Founded 2008
LinkedIn
Total raised
$5.2M
Last: Series B 2015-05
Stage
Acquired
Founded
2008
Headcount
1-10
HQ
Rehovot
Sector
Health Tech & Life Sciences

About

Otic Pharma Ltd develops therapeutic products for ear, nose, and throat (ENT) disorders. The companys leading investigational drug, FoamOtic Externa, which is currently being prepared for a Phase III clinical trial, is a foam-based version of the industrys most commonly used, non-ototoxic antibiotic, ciprofloxacin. Based on the companys proprietary FoamOtic platform, FoamOtic Externa enables sustained drug exposure, fewer administrations, and lower doses for treatment of acute otitis externa (AOE, or "swimmer's ear"). This steroid-free product is easy to apply, with no need to tilt the head or lie on one's side to ensure that the medication remains in the ear. This makes administration more convenient, especially for children, and thus can improve compliance and safety. Other pipeline products based on the FoamOtic platform in development include FoamOtic Sinus for chronic sinusitis, Foam-O-Vet for otitis externa in dogs, and FoamOtic Media for the treatment of otitis media.

Funding history · 4 rounds · $5.2M total

2015-05
Series B Undisclosed
2012-02
Series A $4.3M
2009-06
Undisclosed $296K
Date unknown
Seed $650K

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrug Delivery
Technologies
Biologicals
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business model
B2B

Highlights

1 PatentsVerified

Tags

chronic-diseasepharmaceuticalsdrug-deliverypharma-companiespetstreatments