Altamira Therapeutics Anticipates Reduced Operating Expenses Following Partial Spin-off of ATAG, Plans to Update Financial Guidance with New Developments

Reuters

2025/08/29

Altamira <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Anticipates Reduced Operating Expenses Following Partial Spin-off of ATAG, Plans to Update Financial Guidance with New Developments

Altamira Therapeutics Ltd. has announced that it expects its operating expenses to decrease significantly upon the completion of the planned partial spin-off of its ATAG subsidiary. The company plans to support its operations through its current cash position, proceeds from the sale of ATAG shares to private equity investors, as well as through partnering or divesting legacy assets and providing services for associates. Altamira has stated that it will update its financial guidance as new, material information becomes available, particularly regarding the anticipated partial spin-off of ATAG.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altamira Therapeutics Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1066695) on August 29, 2025, and is solely responsible for the information contained therein.

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The company plans to support its operations through its current cash position, proceeds from the sale of ATAG shares to private equity investors, as well as through partnering or divesting legacy assets and providing services for associates. Altamira has stated that it will update its financial guidance as new, material information becomes available, particularly regarding the anticipated partial spin-off of ATAG.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/CYTOF\">Altamira Therapeutics Ltd.</a> published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1066695) on August 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CYTOF","symbol_name":"Altamira Therapeutics Ltd.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250829:nNDL6NvttB:1","article_id":"2563014047","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563014047","pubTimestamp":1756467776,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Altamira Therapeutics Anticipates Reduced Operating Expenses Following Partial Spin-off of ATAG, Plans to Update Financial Guidance with New Developments. 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