Deals & Cases

Walder Wyss advised Nasdaq listed Altamira Therapeutics in its sale of majority stake in Altamira Medica

5. Dezember 2023

Walder Wyss advised Nasdaq listed Altamira Therapeutics in its sale of a 51% stake in its subsidiary Altamira Medica AG to a Swiss private equity investor as part of its strategic repositioning around its RNA delivery technology. Altamira sold the 51% stake for a cash consideration and will be further entitled to receive 25% of Altamira Medica’s future licensing income. In addition, the transaction included the sale of Auris Medical Pty Ltd, Australia, and a cash contribution to Altamira Medica’s equity by its two shareholders pro rata of their shareholdings.

The Walder Wyss team was led by Alex Nikitine (Partner, Corporate/M&A) and Iliana Djagova (Counsel, Corporate/M&A) and further included Fabienne Limacher (Partner, Tax), Erik Lanz (Associate, Corporate/M&A), Natascha Rizzi (Associate, Tax) and Arbër Hyseni (Trainee Lawyer, Corporate/M&A).