Altamira Therapeutics (CYTO) Provides Investor and Business Update

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Altamira Therapeutics Provides Investor and Business Update

December 11, 2023 8:00 AM EST

HAMILTON, BERMUDA, Dec. 11, 2023 (GLOBE NEWSWIRE) --

Company hosts Investor and Business Update call on December 11 at 8:30 a.m. ETPartial spin-off of Bentrio® business first step in transition to become pure play RNA delivery companyTransition expected to complete in 2024 through partnering of further legacy assetsSpending levels and cash burn aligned with strategic repositioning and to decrease significantly in 2024  Free of financial debt following early repayment of convertible loan  Expects to regain full compliance with Nasdaq continued listing rules through reverse split

HAMILTON, BERMUDA, Dec. 11, 2023 --... More