Akouos AK-OTOF yields positive results in hearing restoration Phase 1/2 study

Akouos AK-OTOF yields positive results in hearing restoration Phase 1/2 study

In a significant advancement for medical science and hearing loss treatment, Akouos, Inc., a wholly owned subsidiary of Eli Lilly and Company (NYSE: LLY), has unveiled encouraging initial clinical results from its Phase 1/2 AK-OTOF-101 study. This groundbreaking research, which demonstrated pharmacologic hearing restoration within 30 days of AK-OTOF administration in the first participant, marks […]

Lilly to acquire gene therapy firm Akouos to discover hearing loss treatments

Lilly to acquire gene therapy firm Akouos to discover hearing loss treatments

Lilly acquisition of Akouos : American pharmaceutical giant Eli Lilly and Company (Lilly) has agreed to acquire precision genetic medicine company Akouos in a cash deal worth about $487 million. Headquartered in Boston and founded in 2016, Akouos is focused on developing a portfolio of advanced adeno-associated viral gene therapies to treat inner ear conditions, […]