Biotech company acquires hearing loss drug discovered by Hough Ear Institute scientists
Published: Tuesday, February 11, 2020 By: Staff Reports Source: Press ReleaseThose supporters include:
- Jasco Giving Hope Foundation
- The Tom L. Ward Family Foundation
- The Meinders Foundation
- Records-Johnston Family Foundation
- Kimray
- Charles and Barbara Taylor
- Pumps of Oklahoma
- Express Employment Professionals
- Hough Ear Institute Board of Directors
- Generous monthly and annual donors worldwide
About Hough Ear Institute
Hough Ear Institute (HEI) is a nonprofit 501(c)(3) organization committed to restoring hearing worldwide through research, teaching and humanitarian efforts.
About Oblato, Inc.
Oblato, Inc., a wholly-owned subsidiary of the Korean biotech company GtreeBNT, is incorporated in Delaware and has its principal place of business in New Jersey. Since 2016, the company has been developing a new drug, OKN-007, to treat glioblastoma multiforme (GBM). Currently, clinical trials are ongoing to investigate the safety and efficacy of a combination therapy with both OKN-007 and temozolomide for patients with newly diagnosed GBM. The company has lately acquired worldwide exclusive rights of NHPN-1010 for the prevention and treatment of human hearing loss and its relevant diseases, balance disorders, tinnitus and noise induced traumatic brain injury.
