Auris Medical's AM-111 drug candidate has been granted fast-track designation by the FDA. The drug which is developed for the treatment of acute sudden hearing loss is currently in phase-III trials. The intratympanic therapy is being investigated in two separate trial arms - the topline results from the first treatment arm are expected by the third quarter of 2017. Read the full news release via the link below.
http://www.nasdaq.com/press-release/auris-medical-receives-fda-fast-track-designation-for-am111-in-acute-sensorineural-hearing-loss-20170224-00441