PureTech Health Stock (NASDAQ:PRTC)
Previous Close
$17.25
52W Range
$14.50 - $19.92
50D Avg
$16.94
200D Avg
$17.21
Market Cap
$424.07M
Avg Vol (3M)
$9.19K
Beta
0.79
Div Yield
-
PRTC Company Profile
PureTech Health plc operates as a clinical-stage biotherapeutics company, dedicated to the discovery, advancement, and market introduction of innovative medicines. The firm's therapeutic focus spans a broad range of challenging conditions, including inflammatory, fibrotic, and immunological disorders, various intractable cancers, lymphatic and gastrointestinal ailments, and a spectrum of neurological and neuropsychological diseases, primarily serving the United States market. The company's diverse portfolio features advanced programs, such as KarXT, which targets muscarinic acetylcholine receptors to treat schizophrenia and psychosis associated with Alzheimer's disease. PureTech also leverages several proprietary technology platforms: a regenerative biology platform addressing issues like androgenetic alopecia and epithelial aging, and an immunomodulation platform designed to manage both chronic and acute inflammatory conditions. Its offerings extend to oral therapies derived from specific bacterial consortia found in the human microbiome, alongside treatments aimed at alleviating cognitive dysfunction linked to depression, multiple sclerosis, post-COVID/ICU states, and cancer-related conditions. Furthermore, the company is engaged in developing hematopoietic stem cell-based therapies for blood cancers, a voice analysis platform for detecting health-related changes, and an innovative system for the oral delivery of biologics, vaccines, and other pharmaceuticals. PureTech's robust development pipeline includes LYT-100 for lymphedema and other lymphatic flow disorders, LYT-200 (an IgG4 monoclonal antibody targeting galectin-9), and LYT-210 for solid tumors. Key technological initiatives encompass Glyph, a synthetic lymphatic targeting chemistry platform; Orasome technology for the oral administration of macromolecular therapeutic payloads; a meningeal lymphatics platform being explored for Alzheimer's and Parkinson's diseases; and the Alivio technology platform, focusing on inflammation-targeted disease immunomodulation. PureTech Health plc maintains significant collaboration and licensing agreements with prominent partners such as Boehringer Ingelheim International GMBH, Eli Lilly and Company, Imbrium Therapeutics L.P., and Shionogi & Co., Ltd. Established in 2015, the company's main operations are based in Boston, Massachusetts.