3 Things: Fort Worth Biotech Firm’s Product Dissolves Earwax in Minutes

earwax

Former Alcon employees have new product to treat impacted earwax, the White House is investing in the Internet of Things, and Flower Mound welcomes its first entrepreneur center.

Two former Alcon employees have developed a new product to treat impacted earwax, which can be a serious problem, especially in seniors. If left untreated, it can cause hearing loss and lead to depression. Elyse Stoltz Dickerson and Joseph M. Griffin are working to perfect a treatment that can dissolve earwax within 15 to 30 minutes. Most over-the-counter products currently on the market soften wax, but they don’t dissolve it in a short time period, Dr. Janice Knebl told FWinc. Dickerson and Griffin’s Fort Worth biotech company, Eosera, completed a human clinical trial earlier this year. Last fall, Dickerson and Griffin won $50,000 in Comerica Bank’s sponsored pitch competition, which helped them raise $1.2 million in first-round financing. They are hoping to bring their product to market by January 2017. Learn more about the treatment and their company’s journey.

The White House has announced a $400 million push for Internet of Things and wireless technologies that will be spearheaded by the National Science Foundation. Called the Advanced Wireless Research Initiative, it will roll out next year aimed at testing and eventually implementing 5G wireless networking and IoT technologies in the United States. Dallas-based AT&T Inc. (NYSE: T) is one of the 20 companies that will be involved in the initiative. Other companies with major DFW presences that will be involved are Verizon Communications (NYSE: VZ), T-Mobile (it owns MetroPCS Communications in Richardson), Samsung, and Oracle. You can read more about the initiative here

Entrepreneurs in Flower Mound now have a fixed space to cultivate their ideas. On Monday, the town officially opened Innovate Flower Mound. The town’s first entrepreneur center, at 650 Parker Square, will offer local residents office space to grow their budding businesses and opportunities to connect with others. Find out how the center hopes to impact Flower Mound.

Heather Noel contributed to this report.


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