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Altamira Therapeutics Announces Divestiture of Inner Ear Development Assets

October 23rd, 2022 1:44 am

HAMILTON, BERMUDA , Oct. 21, 2022 (GLOBE NEWSWIRE) -- Altamira Therapeutics Ltd. (NASDAQ:CYTO), a company dedicated to developing therapeutics that address important unmet medical needs, today announced that it has entered into an agreement regarding the sale of certain of its legacy assets comprised of its inner ear therapeutics research and development programs and a license to use its RNA delivery technology in certain inner ear applications to a European family office (the “Buyer”), in a multi-step process.

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Altamira Therapeutics Announces Divestiture of Inner Ear Development Assets

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