HAMILTON, BERMUDA , Sept. 27, 2022 (GLOBE NEWSWIRE) --
- BentrioTM nasal spray becomes available again in selected European countries
- Marketing focus is on protection against airborne allergens
- Partnering discussions for distribution in Europe and US expected to conclude in Q4 2022
Altamira Therapeutics Ltd. (NASDAQ:CYTO), a company dedicated to developing therapeutics that address important unmet medical needs, today announced that its Bentrio nasal spray will be re-launched in Europe, initially in Germany, beginning in early October of 2022.
Altamira will market Bentrio for helping to prevent onset and alleviate allergic symptoms caused by airborne allergens such as pollen, house dust mites or animal dander. Bentrio’s protective effects have already been demonstrated clinically with controlled exposure to house dust mites and grass pollen in allergen challenge chambers for three and four hours, respectively.
A larger clinical trial comparing Bentrio with a seawater nasal spray (the “NASAR” study) in Australia under “everyday conditions” over 14 days was started in 2021 and is ongoing. Interim safety and efficacy data from the trial helped to support the successful 510(k) application to the FDA.
Previously, Bentrio had also been marketed in Europe for protection against airborne viral particles. Altamira considers that Bentrio’s mode of action is the same, regardless of whether it provides a barrier against airborne virus or allergen particles, as was demonstrated in various relevant in vitro assays. However, certain countries and regions require specifically clinical performance data to clear Bentrio for such viral indication, and in particular related to COVID-19. Therefore, the Company recently stopped marketing Bentrio in the viral infection indication in the EU and Switzerland.
“We look forward to bringing Bentrio back to the market in Europe with a labeling specifically for allergic rhinitis,” commented Thomas Meyer, the Company’s founder, CEO and Chairman. “We sincerely apologize to pharmacies and consumers for the interruption in their supplies over the past few weeks, following the removal from the market of Bentrio with viral infection co-labelling. Since then, we have advanced our COVAMID trial to evaluate Bentrio in the treatment of acute COVID-19. Here, we expect to report clinical data in Q4 2022 which might support a potential label expansion in those countries and regions requesting such data in viral infection.”
In parallel with its European re-launch, Altamira is actively advancing its plans to partner Bentrio for marketing and distribution in Europe, the US and other key markets, to leverage established resources in the dynamic OTC consumer health market. Altamira is confident to conclude its discussions with prospective partners during Q4 2022.
About Altamira Therapeutics
Altamira Therapeutics (NASDAQ:CYTO) is dedicated to developing therapeutics that address important unmet medical needs. The Company is currently active in three areas: the development of RNA therapeutics for extrahepatic therapeutic targets (OligoPhore™ / SemaPhore™ platforms; preclinical), nasal sprays for protection against airborne allergens and, where approved, viruses (Bentrio™; commercial) or for the treatment of vertigo (AM-125; post Phase 2), and the development of therapeutics for intratympanic treatment of tinnitus or hearing loss (Keyzilen® and Sonsuvi®; Phase 3). Founded in 2003, it is headquartered in Hamilton, Bermuda, with its main operations in Basel, Switzerland. For more information, visit: www.altamiratherapeutics.com
Forward-Looking Statements
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