UK startup Oto has raised £2.8 million ($3.3 million) in seed financing for a mobile app that aims to help people with tinnitus manage the ringing, buzzing or other noises in their ears that can ...

The company slashed its headcount by around 55% following the failed tinnitus trial, at a cost of $1.5 million, and moved to smaller premises. Curtailing clinical trial of OTO-413 will also help ...