STOCK TITAN

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 partners with Univercells Group to evaluate the use of its SemaPhore platform for delivering mRNA vaccines, aiming for safer and more accessible vaccination methods. The collaboration aims to test a proprietary mRNA vaccine using Altamira's nanoparticle technology. If successful, a commercial agreement for manufacturing nanoparticle-based mRNA vaccines may follow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.84%
Tags
none
-
Rhea-AI Summary
Altamira Therapeutics Ltd. (Nasdaq: CYTO) announced the publication of a peer-reviewed study showing enhanced cell transduction with adeno-associated virus (AAV) vectors using their peptide-based delivery technology. The study demonstrated increased potency, potentially reducing AAV immunogenicity and resistance to AAVs in certain cell types. The research evaluated 76 melittin derivatives, including p5RHH, which successfully enhanced cell transduction and transduced cell lines typically resistant to AAVs. In vivo studies in mice showed significant liver transduction enhancements with the addition of p5RHH to AAV capsids of several serotypes, up to four weeks after administration. Altamira's technology has the potential to lower the risk of immune responses and increase the safety of AAV-based vectors, opening new possibilities in gene therapy for cells and tissues typically resistant to transduction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.05%
Tags
none
-
Rhea-AI Summary
Altamira Therapeutics Ltd. (Nasdaq: CYTO) has filed a second provisional patent application with the USPTO for its polyKRASmut siRNA, showing a 65-91% knockdown of KRAS mutations in colorectal, non-small cell lung, and pancreatic cancer cell lines. The nanoparticles developed as AM-401 aim to provide broad coverage of different KRAS mutations in human cancer treatment. The data suggests that polyKRASmut siRNA has the potential to knock down other untested mutations, making it a promising treatment for severe types of cancer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.57%
Tags
none
Rhea-AI Summary
Altamira Therapeutics Ltd. (CYTO) to Present at 3rd Annual mRNA-Based Therapeutics Summit. Altamira's flagship programs, AM-401 and AM-411, target KRAS-driven cancer and rheumatoid arthritis, showcasing the technology's ability to enhance therapeutic efficacy. Covadonga Pañeda, Ph.D., Altamira's COO, will present on 'Delivery of therapeutic RNA in inflammation and cancer using peptide-based nanoparticles' at the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Summary
Altamira Therapeutics Ltd. (Nasdaq: CYTO) has announced that it has regained compliance with the minimum bid price requirement set by The Nasdaq Stock Market. This comes after the company was notified of its failure to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days, leading to a reverse stock split of its common shares at a ratio of 1-for-20. Altamira has now evidenced a closing bid price of its common shares at or greater than $1.00 per share for at least 10 consecutive business days, regaining compliance with Nasdaq Listing Rule 5550(a)(2) and the minimum equity requirements for continued listing on Nasdaq.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.41%
Tags
none
-
Rhea-AI Summary
Altamira Therapeutics Ltd. (Nasdaq: CYTO) announced a partial spin-off of its Bentrio business, marking the first step in its transition to become a 'pure play' RNA delivery company. The transition is expected to be completed in 2024 through partnering of further legacy assets. The company's spending levels and cash burn are aligned with strategic repositioning and are expected to decrease significantly in 2024. Altamira is now free of financial debt following the early repayment of a convertible loan and expects to regain full compliance with Nasdaq continued listing rules through a reverse split.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-53.9%
Tags
none
Rhea-AI Summary
Altamira Therapeutics Ltd. (Nasdaq: CYTO) will host an Investor and Business Update Call on December 11, 2023, at 8:30 a.m. ET to discuss the development of therapeutics for unmet medical needs. The presentation will be available via teleconference or webcast, and a replay will be accessible through the webcast link.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.08%
Tags
conferences
-
Rhea-AI Summary
Altamira Therapeutics Ltd. (Nasdaq: CYTO) has completed a partial spin-off of Bentrio® to focus on RNA delivery activities. The company retains 49% in Altamira Medica AG and secures 25% of future licensing revenue. Altamira regained compliance with the minimum stockholders' equity requirement set by Nasdaq after boosting its equity position through a public offering of common shares, partial amortization of convertible debt, and the partial spin-off of Bentrio® activities. The spin-off involved the transfer of a 51% stake in Altamira Medica AG, with Altamira receiving a cash consideration of CHF 2,040,000. Nasdaq will continue to monitor the company's compliance with the stockholders' equity requirement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
180.43%
Tags
none
-
Rhea-AI Summary
Altamira Therapeutics Ltd. (CYTO) Initiates Strategic Repositioning to Focus on Core RNA Delivery Technology
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
180%
Tags
none
Rhea-AI Summary
Altamira Therapeutics Ltd. (Nasdaq:CYTO) receives 'Intention to Grant' notice from European Patent Office for its patent application titled 'Intranasal Composition Comprising Betahistine', providing key intellectual property protection for the Company's intranasal betahistine program (AM-125) in Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.83%
Tags
none

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
Link
Bermuda
Hamilton