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Otonomy developed multiple candidates targeting inner ear disorders using proprietary sustained-release formulations delivered via intratympanic injection. Key programs included OTO‑413 for hearing loss and OTIVIDEX (OTO‑104) for Ménière’s disease, both of which failed in late-stage clinical trials. The company also had an AAV-based gene therapy program in collaboration with AGTC targeting congenital hearing loss. After repeated clinical failures, the company ceased operations in December 2022 and liquidated its assets, some of which were acquired by Spiral Therapeutics.
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