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Lexington biotech lays off half of its workforce after hearing loss drug fails major study

Por: The Boston Globe Business February 13, 2023

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A Lexington startup with big ambitions to develop drugs that restore hearing loss is reducing its workforce by 55 percent after finding that its therapy failed to improve hearing in a closely-watched clinical study.A previous study suggested that the drug could dramatically restore a person’s ability to correctly perceive spoken words in a small subset of patients. But in the recently completed larger study, the drug still failed to best a... + full article



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