Wellesta Holdings Pte Ltd is pleased to broaden collaboration with Altamira Therapeutics to market and
distribute Bentrio in two additional markets
Wellesta Holdings Pte Ltd and Altamira Therapeutics Ltd have broaden their agreement for marketing and
distribution of Bentrio™ by including two attractive new markets. In addition to India, Indonesia, Malaysia,
Singapore, Taiwan and Vietnam, Wellesta will also start promoting and selling Bentrio™ in Philippines & Morocco,
upon registration in these two countries.
Bentrio™ is a drug-free nasal spray intended for personal protection against airborne viruses and allergens.
Upon application in the nose, Bentrio™ forms a protective gel layer on the nasal mucosa. It is designed to
reduce the risk of upper respiratory tract viral infections and promote alleviation of allergic
symptoms.
Wellesta has
successfully registered Bentrio
in Malaysia, whilst In Singapore,
Bentrio has been classified as a
Class A medical device, since the
signing of marketing & distribution agreement in October 2021, and is currently in process of obtaining
marketing clearance in other six countries covered by the agreement.
Mr. Milan Paleja, Chairman & MD of Wellesta is excited about extending benefits of Bentrio™ to additional
geographies and said “Happy to expand collaboration with Altamira Therapeutics to market and distribute Bentrio™
in Philippines and Morocco as well, which shows great potential for business and further help protect larger
masses against airborne viruses and allergens.”
About Wellesta Holdings
Wellesta Holdings Pte Ltd is a fast-growing healthcare company headquartered in Singapore with a direct market
presence in Southeast Asia, India & North Africa. The company aims to serve clients and consumers through
commercial and marketing support using an innovative approach across the Wellesta value chain.
Founded in 2019 by two executives with more than 70 years of cumulated experience in leading multinational
companies (MNCs) in health care, the company has since grown to more than 540 employees.
Wellesta works with companies to expand their presence in SEA, India & North Africa, as a strategic partner for
companies present in these markets and act as a representative for companies that are not present in these
markets and would like to sell/market their products in the region.
The company operates in a spectrum of business verticals under Partner Brands and Own Brands including
Pharmaceutical, Nutraceuticals, OTC and Medical devices, which is being led by industry-proven leaders at HQ &
country level. Wellesta works as an extended arm for principals through win-win partnership and provide superior
quality products and services at the right price, by working at full compliance and transparency in our business
approach.
About Altamira Therapeutics
Altamira Therapeutics 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 viruses
and allergens (Bentrio™; commercial) or the treatment of vertigo (AM-125; Phase 2), and the development of
therapeutics for intratympanic treatment of tinnitus or hearing loss (Keyzilen® and Sonsuvi®, Phase 3). The
Company was founded in 2003 and is headquartered in Hamilton, Bermuda with its main operations in Basel,
Switzerland. The shares of Altamira Therapeutics Ltd. trade on the NASDAQ Capital Market under the symbol
“CYTO.”