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Altamira Therapeutics Ltd - CYTO STOCK NEWS

Welcome to our dedicated page for Altamira Therapeutics news (Ticker: CYTO), a resource for investors and traders seeking the latest updates and insights on Altamira Therapeutics stock.

Overview of Altamira Therapeutics Ltd (CYTO)

Altamira Therapeutics Ltd, formerly known as Auris Medical, is a specialized biopharmaceutical company dedicated to developing innovative therapeutics that address significant unmet medical needs. With a robust emphasis on RNA therapeutics, nasal spray innovation, and intratympanic treatments, the company has strategically diversified its pipeline into three primary therapeutic areas. Trading on the Nasdaq Capital Market under the symbol CYTO, Altamira Therapeutics has established itself as a key player within the biotechnology and pharmaceutical industries.

Core Therapeutic Areas and Product Pipeline

The company’s research and development efforts are concentrated in three distinct areas:

  • RNA Therapeutics for Extrahepatic Targets: Leveraging its proprietary oligophore™ and semaphore™ platforms, Altamira is actively engaged in the preclinical development of RNA therapies aimed at extrahepatic targets, showcasing its commitment to harnessing novel molecular mechanisms for therapeutic intervention.
  • Nasal Spray Therapies: The company has advanced products in the nasal spray category, including formulations designed for protection against airborne viruses and allergens through a barrier-forming technology. Additionally, it is engaged in the clinical exploration of nasal sprays for the treatment of vertigo, evidencing its ability to diversify applications within a single product family.
  • Intratympanic Treatments for Tinnitus and Hearing Loss: With therapies such as keyzilen® and sonsuvi® in advanced clinical stages, Altamira Therapeutics is pioneering targeted approaches for intratympanic delivery, addressing complex auditory disorders with precision and specialized delivery methods.

Research, Development, and Clinical Innovation

Altamira Therapeutics is firmly rooted in a research-intensive model driven by state-of-the-art technologies, and its R&D framework is designed to integrate academic insights and clinical expertise. The company emphasizes a rigorous, phased approach to clinical development, ensuring its therapeutic candidates are systematically validated through preclinical and clinical trials. This approach not only strengthens its product pipeline but also reinforces the company's commitment to safety, efficacy, and regulatory compliance.

Operational and Geographic Footprint

Founded in 2003, the company has evolved its operational core from its origins as Auris Medical, now headquartered in Hamilton, Bermuda, with major operational centers in Basel, Switzerland. This dual geographic presence enables Altamira Therapeutics to harness advanced research infrastructure, foster international collaborations, and maintain a dynamic pipeline of innovative therapeutics.

Competitive Position and Market Significance

Within a competitive biotechnology landscape, Altamira Therapeutics distinguishes itself not merely by its diversified therapeutic strategies but also by its deep scientific acumen and commitment to innovation. Its targeted approach in RNA therapeutics, coupled with the strategic development of both prophylactic and therapeutic nasal sprays and advanced intratympanic treatments, positions the company effectively among its peers. The integration of precise delivery systems and molecular targeting underscores a methodology that is both scientifically robust and clinically relevant.

Commitment to Innovation and Scientific Rigor

Altamira Therapeutics demonstrates a high level of expertise through its meticulous research processes and the use of advanced scientific platforms. The company’s development efforts are supported by comprehensive preclinical research and progressive clinical trials, which collectively form the backbone of its mission to address complex medical challenges. This commitment to innovation, combined with detailed process validation and regulatory alignment, underpins its authoritative position in the biotechnology sector.

Investor FAQ and Research Considerations

For investors and industry analysts, Altamira Therapeutics offers a transparent view into its business model, pipeline progression, and strategic market positioning. The company’s focus on high-need therapeutic areas, advanced delivery mechanisms, and a globally oriented operational footprint makes it a subject of interest for those keen on understanding the intersection of scientific innovation and clinical application in biotech.

Rhea-AI Summary

Altamira Therapeutics (Nasdaq: CYTO) announced that its Bentrio® nasal spray for allergic rhinitis has been successfully tested for the absence of over 230 prohibited substances listed by the World Anti-Doping Agency (WADA). This confirmation enhances Bentrio's suitability for athletes who need to comply with anti-doping regulations while protecting themselves against airborne allergens or particles.

The drug-free and preservative-free nasal spray forms a protective barrier on the nasal mucosa, making it inherently suitable for athletes. The rigorous screening by a leading anti-doping laboratory further validates its compliance with anti-doping regulations, addressing the challenges athletes face in managing allergies without risking positive doping test results.

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Altamira Therapeutics announced significant enhancement of immune checkpoint inhibition therapy using Zbtb46 mRNA delivered with SemaPhore Nanoparticles in animal tumor models. Key findings published in Nature Immunology include:

1. Zbtb46 mRNA nanoparticles significantly reduced tumor growth (p<0.0001).
2. Combination with anti-PD1 showed synergistic control of tumor growth and long-term complete remission in many cases.
3. Treatment may help more solid tumor patients respond to anti-PD1 therapies.
4. Zbtb46 expression boosted tumor vessel normalization and enhanced antitumor immunity.
5. Results highlight potential of SemaPhore platform for delivering mRNA therapeutics to non-hepatic tissues.

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Altamira Therapeutics (Nasdaq:CYTO) has announced the publication of a preclinical study demonstrating effective treatment of abdominal aortic aneurysm (AAA) using their SemaPhore™ nanoparticles to deliver SOD2 mRNA. The study, conducted by researchers from Washington University and the University of South Florida, showed significant reduction in aorta dilation (p<0.05), delayed rupture, and highly significant improvement in survival rates (p<0.01) compared to untreated controls in an AAA mouse model.

The treatment approach targets oxidative stress by boosting mitochondrial SOD2 expression, reducing levels of reactive oxygen species (ROS). This nanotherapeutic mRNA delivery method may have potential applications in managing small AAAs and preventing ruptures, which are often life-threatening.

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Altamira Therapeutics, under the stock ticker CYTO, has highlighted a newly published review supporting the use of betahistine for managing residual dizziness in benign paroxysmal positional vertigo (BPPV) patients. The review, appearing in Frontiers in Neurology, suggests that betahistine, which is commonly used outside the US, can significantly reduce dizziness following physical repositioning procedures. Altamira is developing a nasal spray formulation called AM-125, which offers higher bioavailability than oral betahistine. The company aims to partner or divest AM-125 as it pivots towards RNA delivery technology. BPPV is the most common type of vertigo, affecting 17-42% of diagnosed vertigo cases and costing the US healthcare system around $2 billion annually.

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Altamira Therapeutics provided a business update, highlighting significant improvements in RNA nanoparticle stability, which are now stable in liquid form at 4°C for at least three weeks and can withstand shaking stress.

The company is pursuing partnerships for its AM-125 nasal spray for vertigo and other CNS disorders. AM-125 has shown promising Phase 2 trial results in Europe and potential for multiple CNS applications.

Altamira is streamlining its corporate structure, merging subsidiaries and switching its financial reporting from Swiss Francs to US Dollars to better align with its strategic focus and investor base.

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Altamira Therapeutics announced the dissemination of positive results from its NASAR clinical trial for Bentrio nasal spray in treating seasonal allergic rhinitis (SAR). The trial's results, published in the Allergy journal's social media channels, showed significant efficacy and safety. The study, involving 100 patients in Australia, met its primary endpoint by significantly reducing the mean daily reflective Total Nasal Symptom Score (rTNSS) compared to saline (p = 0.013). Secondary endpoints also showed significant improvements in quality of life and global efficacy ratings (p < 0.001). Altamira expects Bentrio's sales to grow significantly with planned launches in new markets in 2024.

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Altamira Therapeutics has filed a provisional patent application for OligoPhore nanoparticles with siRNA targeting p65 protein for the treatment of cancer and inflammation. The company aims to expand its IP portfolio focusing on RNA delivery technology, particularly for rheumatoid arthritis. The innovative approach utilizes siRNA to silence p65, a key protein involved in cancer and inflammatory diseases, including rheumatoid arthritis. Altamira's AM-411 program demonstrates promising results by delivering siRNA to inflamed tissues, offering potent treatment effects with reduced side effects and treatment resistance risks. Rheumatoid arthritis affects millions globally, with no cure currently available, making the development of effective treatments crucial.

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Altamira Therapeutics announces positive results from the Bentrio trial in seasonal allergic rhinitis, with statistically significant improvements in nasal symptoms, quality of life, and reduced need for relief medication. The publication in a top peer-reviewed journal validates the effectiveness and safety of Bentrio, supporting plans for international expansion.
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Altamira Therapeutics reports a successful year with a focus on RNA delivery technology, collaborations, and financial improvements. The company achieved an 85% reduction in net loss, eliminated financial debt, and increased shareholders' equity by CHF 14.8 million. Altamira is progressing with preclinical development of RNA delivery platforms for extrahepatic targets, showcasing promising results in cancer and osteoarthritis. Strategic collaborations with Heqet Therapeutics and Univercells Group aim to utilize Altamira's technology for heart tissue regeneration and mRNA vaccine delivery. The company is advancing development programs for KRAS-driven tumors and rheumatoid arthritis, with plans for IND filings in 2025. Altamira divested a stake in its subsidiary, Altamira Medica AG, for cash consideration and financial gain. The subsidiary's key asset, Bentrio nasal spray, demonstrated superior efficacy in allergic rhinitis treatment. Altamira is also focusing on partnering its inner ear therapeutics assets, particularly AM-125 for acute vestibular syndrome.
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Altamira Therapeutics (CYTO) to host Full Year 2023 Financial Results and Business Update Call on April 10, 2024. Founders and executives to provide insights on company performance and future plans.
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FAQ

What is the current stock price of Altamira Therapeutics (CYTO)?

The current stock price of Altamira Therapeutics (CYTO) is $0.3 as of February 7, 2025.

What is the market cap of Altamira Therapeutics (CYTO)?

The market cap of Altamira Therapeutics (CYTO) is approximately 1.1M.

What is the primary focus of Altamira Therapeutics?

Altamira Therapeutics is dedicated to developing innovative therapeutics that address significant unmet medical needs. Its focus spans RNA therapeutics, nasal spray formulations, and intratympanic treatments for auditory disorders.

How does Altamira Therapeutics generate its revenue?

The company’s revenue model revolves around research and development activities, progressing therapeutic candidates through various clinical stages, and eventually commercializing successful treatments. Its diversified therapeutic pipeline encompasses both preclinical and commercial products.

What therapeutic areas does Altamira Therapeutics target?

Altamira Therapeutics primarily targets three areas: RNA therapeutics for extrahepatic targets, nasal sprays for both prophylactic and therapeutic uses, and intratympanic treatments aimed at alleviating conditions such as tinnitus and hearing loss.

Where is Altamira Therapeutics headquartered?

The company is headquartered in Hamilton, Bermuda, with significant operational activities based in Basel, Switzerland. This dual-location strategy supports its international research collaborations and market outreach.

What technologies does the company employ in its drug development?

The company utilizes proprietary platforms such as oligophore™ and semaphore™ for RNA therapeutics, along with advanced drug delivery techniques for nasal and intratympanic treatments. This scientific rigor underscores its commitment to innovative therapeutic development.

How does Altamira Therapeutics differentiate itself in the biotech industry?

Altamira Therapeutics differentiates itself through its diversified pipeline, emphasis on high-need therapeutic areas, and robust research and development processes. Its strategic focus on combining molecular targeting with state-of-the-art delivery systems sets it apart from competitors.

What stage of development are its therapies currently in?

The company’s RNA therapeutic candidates are in the preclinical stage, while its nasal spray and intratympanic treatments are in different phases of clinical development. This phased approach reflects a methodical progression from laboratory research to potential market adoption.

How does Altamira Therapeutics address unmet medical needs?

By focusing on innovative treatment modalities like RNA therapeutics and tailored drug delivery systems, Altamira Therapeutics is addressing complex medical challenges that have not been adequately met by existing therapies. Its commitment to scientific excellence ensures that each product is developed with a comprehensive understanding of clinical needs.
Altamira Therapeutics Ltd

Nasdaq:CYTO

CYTO Rankings

CYTO Stock Data

1.13M
3.76M
0.53%
3.14%
1.34%
Biotechnology
Healthcare
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Bermuda
Hamilton