Puretech Health operating losses narrow in 'landmark year'

25th Apr 2024 10:07

(Sharecast News) - Biotechnology company Puretech Health said on Thursday that 2023 had been "a landmark year" for the group, making "strong strategic and clinical progress".

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PureTech founder steps down as CEO to lead SeaPort spin-off

9th Apr 2024 07:48

(Sharecast News) - Clinical-stage biotherapeutics group PureTech has announced that its founding chief executive is to step down to lead SeaPort Therapeutics, a PureTech company she founded that has just raised $100m in Series A financing.

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Puretech Health proposes $100m capital return

19th Mar 2024 09:46

(Sharecast News) - Biotherapeutics company PureTech Health has proposed a capital return of $100.0m to its shareholders by way of a tender offer.

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US Royalty Pharma strikes deal with PureTech Health on KarXT royalties

23rd Mar 2023 07:24

(Sharecast News) - US-listed Royalty Pharma has acquired an interest in PureTech Health's royalty in Karuna Therapeutics' KarXT drug for up to $500m, with $100m in cash up front and up to $400m in additional payments contingent on the achievement of certain regulatory and commercial milestones.

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PureTech's Alkili reports success in adolescent ADHD study

6th Jan 2023 18:31

(Sharecast News) - Clinical-stage biotherapeutics investor PureTech Health announced on Friday today that its digital medicine company Akili, which it founded, announced topline results of the 'STARS-ADHD-Adolescents' label expansion study evaluating the efficacy and safety of 'EndeavorRx', or 'AKL-T01' in adolescents aged 13 to 17 with attention-deficit hyperactivity disorder (ADHD).

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Puretech, Nektar Therapeutics end merger talks

11th Oct 2022 07:05

(Sharecast News) - Shares in healthcare company PureTech fell on Tuesday as the company said it and US-based Nektar Therapeutics had ended merger talks only four days after they announced a potential tie up.

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Puretech Health confirms possible tie-up with Nektar Therapeutics

7th Oct 2022 07:10

(Sharecast News) - PureTech Health said on Friday that it has exchanged indicative, non-binding proposals with US biopharmaceutical company Nektar Therapeutics regarding a possible combination.

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Puretech Health confirms possible tie-up with Nektar Therapeutics

7th Oct 2022 07:10

(Sharecast News) - PureTech Health said on Friday that it has exchanged indicative, non-binding proposals with US biopharmaceutical company Nektar Therapeutics regarding a possible combination.

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PureTech first-half mixed as it makes good clinical progress

25th Aug 2022 09:25

(Sharecast News) - PureTech Health reported total first-half revenue of $7.03m on Thursday, up from $5.84m year-on-year.

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PureTech reports 'Glyph' milestone, disappointing long Covid results

14th Jun 2022 07:33

(Sharecast News) - PureTech Health said on Tuesday that it had met a milestone in proving its 'Glyph' therapeutic platform, while separately announcing disappointing results from a study into long Covid.

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PureTech to buy back up to $50m of shares

5th May 2022 10:09

(Sharecast News) - PureTech Health has announced a $50m share buyback programme, sending shares in the FTSE 250 biotech sharply higher.

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Puretech Health receives $100m from sale of 55% stake in Karuna Therapeutics

10th Nov 2021 09:15

(Sharecast News) - Biotechnology company Puretech Health has received approximately $100.0m in cash from the sale of a portion of the group's shares in its founded entity Karuna Therapeutics.

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PureTech Health's Vor wins FDA fast-track approval for cancer drug

10th Sep 2021 07:38

(Sharecast News) - Clinical stage biotherapeutics firm PureTech Health on Friday said its founded entity, Vor Biopharma, had won US fast track approval for its leukaemia treatment.

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Tuesday broker round-up

24th Aug 2021 14:34

(Sharecast News) - Coats: Jefferies starts at buy with 97.0p target price.

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PureTech in 'strong' position despite swinging to net loss

24th Aug 2021 07:42

(Sharecast News) - Biotechnology company PureTech Health swung to a loss in its first half, it said on Tuesday, amid rising costs.

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