Otonomy, Inc. (OTIC), announced the pricing of its follow-on public offering of 2,550,000 shares of its common stock at a price to the public of $29.25 per share, for total gross proceeds of approximately $75 million before deducting underwriting discounts and commissions and other offering expenses. The offering is expected to close on January 28, 2015, subject to customary closing conditions. In addition, Otonomy has granted the underwriters a 30-day option to purchase up to 382,500 additional shares of common stock at such offering price, less customary underwriting discounts and commissions. All of the common stock is being offered by Otonomy