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Audiocure

Audiocure

AudioCure Pharma GmbH is a pharmaceutical R&D company headquartered in Germany and founded by Prof. Hans Rommelspacher, MD and CSO. As the former head of the Department of Clinical Neurobiology in the Psychiatric Clinic at the Charité University, Berlin, Prof. Rommelspacher has extensive experience in neuroprotection and treatments for neurodegenerative disorders. It is Prof. Rommelspacher's scientific expertise and lifelong dedication to neuroscience that led to the discovery of AC102, the company´s front-runner molecule. Hearing impairment affects patients in many ways, often causing difficulties acquiring spoken language and limiting job opportunities, but also leading to social withdrawal, isolation and depression1. As approximately 20% of the population over the age of 14 suffers from a hearing impairment, more than 14 million people are affected in Germany alone2. Hearing loss also presents a significant economic burden, reflected by an estimated loss in gross domestic product of up to 2% in developed countries. AudioCure's preclinical models have demonstrated the unique potential of AC102 to tackle all three crucial types of cells of the inner ear affected by hearing loss: the inner hair cells, the outer hair cells and the acoustic nerve. By protecting and restoring the cellular key players that are critical to the hearing process, the therapeutic approach of AudioCure goes beyond treating symptoms to tackle the root cause of hearing loss.

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About Audiocure

Estimated Revenue

$1M-$10M

Employees

11-50

Funding / Mkt. Cap

$10M

Category

Sector

Health Care

Industry Group

Pharmaceuticals, Biotechnology & Life Sciences

Industry

Biotechnology

Location

City

Berlin

State

Berlin

Country

Germany

Tech Stack (33)

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