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Auditus's pharmaceutical partner previously led a successful Phase 1 clinical trial in 2015 to demonstrate safety of NHPN-1010[1]. The company discovered the drug's ability to regenerate and reconnect damaged nerve endings on surviving hair cells, which was once thought to be irreversible[1]. As of February 2020, Oblato was expected to initiate Phase 2 clinical trials to evaluate the drug's potential to prevent and treat hearing loss, with follow-up studies potentially testing efficacy for tinnitus and improving speech intelligibility in noise[1].
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