Ex-Pfizerites turn office closings into promising OtoMedicine start-up

Thursday, August 21, 2008 | Source: Concentrate

Pfizer may be practically dead in Michigan but the firm has spawned a number of highly regarded start-ups in its wake.

Excerpt:

A number of promising start-ups are rising from the ashes of Pfizer's Michigan ruins, and OtoMedicine looks like one with the most potential.

The Portage-based firm, which has offices in Ann Arbor, was founded by Pfizer refugees Peter Boxer (Ann Arbor campus) and Clark Bennett (Kalamazoo office) in 2006. They are utilizing technology initially developed at the University of Michigan.

The company is developing a dietary supplement called AuraQuell that prevents noise-induced hearing loss.

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