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Overview of Altamira Therapeutics Ltd. (CYTO)
Altamira Therapeutics Ltd., headquartered in Hamilton, Bermuda, with principal operations in Basel, Switzerland, is a biotechnology company dedicated to addressing critical unmet medical needs through innovative therapeutic solutions. Established in 2003 under the name Auris Medical, the company has evolved to focus on three distinct areas: RNA therapeutics, nasal sprays, and treatments for hearing-related conditions. Altamira's shares trade on the Nasdaq Capital Market under the ticker symbol "CYTO."
Core Business Areas
- RNA Therapeutics: Altamira leverages its proprietary OligoPhore™ and SemaPhore™ platforms to develop RNA-based therapies targeting extrahepatic conditions. These platforms enable the delivery of therapeutic nucleic acids to a wide range of tissues, offering potential solutions for diseases that remain inadequately addressed by traditional treatments. Currently in preclinical stages, this segment positions the company within the rapidly advancing field of genetic medicine.
- Nasal Sprays: The company’s Bentrio™ nasal spray is a commercially available product designed to provide a protective barrier against airborne viruses and allergens. Additionally, Altamira is developing AM-125, a nasal spray for the treatment of vertigo, which is in Phase 2 clinical trials. These products highlight the company's expertise in intranasal drug delivery technologies, addressing both preventive and therapeutic needs.
- Hearing-Related Therapies: Altamira is advancing clinical-stage programs for intratympanic treatments of tinnitus and hearing loss. Keyzilen® and Sonsuvi®, both in Phase 3 trials, aim to provide effective solutions for these challenging conditions, showcasing the company’s commitment to otology and auditory health.
Market Position and Differentiation
Altamira operates at the intersection of biotechnology and pharmaceuticals, targeting diverse market segments with high unmet needs. The RNA therapeutics segment positions the company within a competitive yet promising area of precision medicine, where it faces competition from both established biotech firms and emerging startups. The nasal spray market, particularly for virus and allergen protection, is highly relevant in today’s health-conscious environment, providing Altamira with a commercially viable product in Bentrio™. Meanwhile, the focus on hearing-related therapies addresses a niche yet significant market, with few competitors offering advanced intratympanic solutions.
Strategic Focus and Expertise
Altamira's strategy revolves around leveraging its proprietary platforms and clinical expertise to deliver innovative therapies. The OligoPhore™ and SemaPhore™ platforms exemplify the company’s focus on cutting-edge RNA delivery technologies, which could open doors to partnerships or licensing opportunities. In parallel, the commercialization of Bentrio™ underscores the company's ability to translate research into market-ready products. The advanced clinical stages of Keyzilen® and Sonsuvi® further demonstrate Altamira’s commitment to addressing complex medical conditions in otology.
Competitive Landscape
Altamira Therapeutics competes in dynamic and diverse markets, each with its own set of challenges and opportunities. In RNA therapeutics, the company faces competition from firms specializing in genetic medicine and nucleic acid delivery systems. The nasal spray market includes competitors offering similar protective or therapeutic solutions, requiring Altamira to emphasize the unique benefits of Bentrio™. In the hearing-related therapy space, the company’s intratympanic treatments set it apart, as few competitors focus on this specialized area of otology.
Conclusion
Altamira Therapeutics Ltd. combines innovation and expertise to address unmet medical needs across its three core business areas. By advancing RNA therapeutics, commercializing nasal sprays, and developing hearing-related therapies, the company positions itself as a dynamic player in the biotechnology and pharmaceutical industries. With a diversified portfolio and a focus on cutting-edge technologies, Altamira continues to explore opportunities in precision medicine, intranasal drug delivery, and auditory health.
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.
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.
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.
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.
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.
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.
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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