Osage backs Otonomy

Sep 5, 2013 •

Biopharma company Otonomy receives $49.5m series C from numerous backers, including university investment consortium Osage University Partners.

Otonomy, a US-based pharmaceutical company, has raised $49.5m in a series C round backed by university investment consortium Osage University Partners.
The round was led by OrbiMed Advisors, with Aperture Venture Partners and Osage as new investors. Existing investors Avalon Ventures, Domain Associates, Novo Ventures, RiverVest Venture Partners and TPG Biotech also participated.
Otonomy, founded in 2008, focuses on developing innovative therapeutics for ear-based diseases and disorders, with two products, OTO-104 and OTO-201, currently in clinical trials. The…

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