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    SEC Form SC 13D/A filed

    2/10/21 6:15:28 AM ET
    $PRTC
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $PRTC alert in real time by email
    SC 13D/A 1 d257882dsc13da.htm SC 13D/A SC 13D/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. 4)*

     

     

    Karuna Therapeutics, Inc.

    (Name of Issuer)

    Common Stock, par value $0.0001 per share

    (Title of Class of Securities)

    48576A100

    (CUSIP Number)

    PureTech Health LLC

    6 Tide Street, Suite 400

    Boston, MA 02210

    (617) 482-2333

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

    February 9, 2021

    (Date of Event Which Requires Filing of this Statement)

     

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box  ☐.

     

     

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7(b) for other parties to whom copies are to be sent.

     

     

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    SCHEDULE 13D

    CUSIP No. 48576A100

     

      1    

      NAME OF REPORTING PERSONS

     

      PureTech Health LLC

      2    

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

      (a)  ☐        (b)  ☐

     

      3    

      SEC USE ONLY

     

      4    

      SOURCE OF FUNDS (See Instructions)

     

      WC

      5    

      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

      ☐

      6    

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      Delaware

    NUMBER OF

    SHARES

      BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

        7      

      SOLE VOTING POWER

     

      0

      8      

      SHARED VOTING POWER

     

      2,406,564

      9      

      SOLE DISPOSITIVE POWER

     

      0

       10      

      SHARED DISPOSITIVE POWER

     

      2,406,564

    11    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      2,406,564

    12    

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

     

      ☐

    13    

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

      9.0%*

    14    

      TYPE OF REPORTING PERSON (See Instructions)

     

      CO

     

    *

    This percentage is calculated based upon 26,806,566 shares of common stock outstanding of Karuna Therapeutics, Inc. (the “Issuer”) as of October 31, 2020, as set forth in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on November 5, 2020. 

     

    2


    SCHEDULE 13D

     

    CUSIP No. 76133L103

     

      1    

      NAME OF REPORTING PERSONS

     

      PureTech Health plc

      2    

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

      (a)  ☐        (b)  ☐

     

      3    

      SEC USE ONLY

     

      4    

      SOURCE OF FUNDS (See Instructions)

     

      WC

      5    

      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

     

      ☐

      6    

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      Delaware

    NUMBER OF

    SHARES

      BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

        7      

      SOLE VOTING POWER

     

      0

      8      

      SHARED VOTING POWER

     

      2,406,564

      9      

      SOLE DISPOSITIVE POWER

     

      0

       10      

      SHARED DISPOSITIVE POWER

     

      2,406,564

    11    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      2,406,564

    12    

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

     

      ☐

    13    

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

      9.0%*

    14    

      TYPE OF REPORTING PERSON (See Instructions)

     

      CO

     

    *

    This percentage is calculated based upon 26,806,566 shares of common stock outstanding of the Issuer as of October 31, 2020, as set forth in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on November 5, 2020. 

     

    3


    SCHEDULE 13D

    Item 1. Security and Issuer

    This Amendment No. 4 (“Amendment No. 4”) to Schedule 13D supplements and amends the Statement on Schedule 13D originally filed by PureTech Health LLC (“PureTech Health”) and PureTech Health plc with the Securities and Exchange Commission (the “SEC”) on July 11, 2019 (the “Original Schedule 13D”), as amended by Amendment No. 1 to Schedule 13D filed on January 23, 2020 (“Amendment No. 1”), Amendment No. 2 to Schedule 13D filed on May 26, 2020 (“Amendment No. 2”), and Amendment No. 3 to Schedule 13D filed on August 26, 2020 (“Amendment No. 3” and, together with the Original Schedule 13D, the “Schedule 13D”). The Schedule 13D relates to the common stock, par value $0.0001 per share (the “Common Stock”), of Karuna Therapeutics, Inc., a Delaware corporation (the “Issuer”). The Issuer’s principal executive offices are located at 33 Arch Street, Suite 3110, Boston, MA 02110. The Common Stock is listed on the Nasdaq Global Market under the ticker symbol “KRTX”. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable.

    On February 9, 2021, PureTech Health sold an aggregate of 1,000,000 shares of Common Stock of the Issuer. As a result of this transaction, the percentage of outstanding shares of Common Stock that the Reporting Persons may be deemed to beneficially own was reduced by more than one percent of the Issuer’s Common Stock outstanding since the filing of Amendment No. 3.

    Item 2. Identity and Background

    a) This Schedule 13D is being filed by PureTech Health LLC (“PureTech Health”), a limited liability company organized under the laws of Delaware, and PureTech Health plc (“PureTech Health plc”), a public limited company organized under the laws of the United Kingdom (collectively, the “Reporting Persons”).

    (b) The principal business address of PureTech Health and PureTech Health plc is 6 Tide Street, Suite 400, Boston, MA 02210.

    (c) PureTech Health is a Limited Liability Company organized under the laws of the State of Delaware and PureTech Health plc is a public limited company organized under the laws of the United Kingdom. Each Reporting Persons is a biotechnology company dedicated to discovering, developing and commercializing highly differentiated medicines for devastating diseases.

    (d)-(e) During the last five years, neither the Reporting Persons nor any person named in Schedule I or II have been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

    (f) The name, business address, present principal occupation or employment and citizenship of the executive officers and members of the Board of Directors of the Reporting Persons is set forth on Schedule I hereto and is herein incorporated by reference.

    Item 3. Source and Amount of Funds or Other Consideration

    On June 27, 2019, the Registration Statement on Form S-1 filed with the Securities and Exchange Commission by the Issuer in connection with its initial public offering (“IPO”) was declared effective. The closing of the IPO took place on July 2, 2019.

    Prior to the IPO, in July 2009, PureTech Health acquired 1,886,363 shares of Common Stock as founder shares at par value, the fair market value of the shares at the time of issuance.

     

    4


    Prior to the IPO, in July 2009, PureTech Health acquired 4,000,000 shares of the Issuer’s Series Seed Preferred Stock for $0.0001 per share, or $400 in the aggregate. In August 2018, PureTech Health acquired 1,348,814 shares of the Issuer’s Series A Preferred Stock upon conversion of $18,155,036 in outstanding principal, interest and discount on convertible promissory notes issued to PureTech Health by the Issuer between May 2011 and June 2018. In March 2019, PureTech Health acquired 330,250 shares of the Issuer’s Series B Preferred Stock at a purchase price of $15.14 per share, or $5,000,000 in the aggregate. Upon the closing of the Issuer’s initial public offering, each share of Preferred Stock automatically converted into the Issuer’s Common Stock on a 1.2987-to-1 ratio.

    In July 2018, PureTech Health acquired 10 shares of the Issuer’s Common Stock upon partial exercise of a warrant issued to PureTech Health by the Issuer at a price of $3.79 per share, or $37.90 in the aggregate, and in March 2019 the Issuer acquired an additional 15,390 shares of the Issuer’s Common Stock upon exercise of the remaining portion of the warrant at a price of $3.79 per share, or $58,328 in the aggregate.

    On January 22, 2020, PureTech Health sold 2,100,000 shares of the Issuer’s Common Stock.

    On May 22, 2020, PureTech Health sold 555,500 shares of the Issuer’s Common Stock.

    On August 26, 2020, PureTech Health sold 1,333,333 shares of the Issuer’s Common Stock.

    As a result of the transactions described in Item 1 and this Item 3, the Reporting Persons may be deemed to be the beneficial owners of approximately 9.0% of the outstanding shares of Common Stock. PureTech Health plc, as the parent entity of PureTech Health, may be deemed to be the beneficial owner of approximately 9.0% of the outstanding shares of Common Stock. None of the Reporting Persons have acquired or disposed of any additional shares of Common Stock since February 9, 2021.

    Item 4. Purpose of Transaction

    The information contained in Item 1 and Item 3 above is herein incorporated by reference.

    The shares of Common Stock reported in this Schedule 13D were acquired for the purpose of investment and were not intended to and did not effect any change in the control of the Issuer.

    The Reporting Persons from time to time intend to review their investment in the Issuer on the basis of various factors, including the Issuer’s business, financial condition, results of operations and prospects, general economic and industry conditions, the securities markets in general and those for the shares of the Issuer’s Common Stock in particular, as well as other developments and other investment opportunities. Based upon such review, the Reporting Persons will take such actions in the future as the Reporting Persons may deem appropriate in light of the circumstances existing from time to time. If the Reporting Persons believe that further investment in the Issuer is attractive, whether because of the market price of the Common Stock or otherwise, they may acquire shares of Common Stock or other securities of the Issuer either in the open market or in privately negotiated transactions. Similarly, depending on market and other factors, the Reporting Persons may determine to dispose of some or all of the shares of Common Stock currently owned by the Reporting Persons or otherwise acquired by the Reporting Persons either in the open market or in privately negotiated transactions.

    Except as described above, none of the Reporting Persons currently has any plan or proposal that relates to or would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D.

    Item 5. Interest in Securities of the Issuer

    a) As of the date hereof, the Reporting Persons may be deemed, for purposes of Rule 13d-3 of the Act, directly or indirectly, including by reason of their mutual affiliation, to be the beneficial owners of the shares of Common Stock described in Item 3 above.

     

    5


    Based on the 26,806,566 shares of the Issuer’s common stock outstanding as of October 31, 2020, the Common Stock held by the Reporting Persons constitutes 9.0% of the outstanding shares of Common Stock of the Issuer.

    PureTech Health plc, may be deemed to beneficially own all of the shares of Common Stock held directly by PureTech Health.

    (b) With respect to the number of shares of Common Stock as to which each Reporting Person has:

    (i) sole power to vote or to direct the vote with respect to such shares of Common Stock, please see row 7 of the applicable cover sheet to this Schedule 13D for such Reporting Person;

    (ii) shared power to vote or to direct the vote with respect to such shares of Common Stock, please see row 8 of the applicable cover sheet to this Schedule 13D for such Reporting Person;

    (iii) sole power to dispose or direct the disposition of such shares of Common Stock, please see row 9 of the applicable cover sheet to this Schedule 13D for such Reporting Person; and

    (iv) shared power to dispose or to direct the disposition of such shares of Common Stock, please see row 10 of the applicable cover sheet to this Schedule 13D for such Reporting Person.

    (c) The information contained in Items 1, 3 and 4 to this Schedule 13D is herein incorporated by reference. Except as disclosed herein, none of (i) the Reporting Persons and (ii) to the Reporting Persons’ knowledge, the persons set forth on Schedule I of this Schedule 13D, has effected any transaction in the Issuer’s Common Stock during the past 60 days.

    (d) Not applicable.

    (e) Not applicable.

    Item 6. Contracts; Arrangements, Understandings or relationship with respect to Securities of the Issuer

    Bharatt Chowrira, an officer of PureTech Health plc, was a member of the Board of Directors of the Issuer from March 2017 until December 2019, and, accordingly, the Reporting Persons may have had the ability to affect and influence control of the Issuer until such time of his resignation.

    Amended and Restated Investors’ Rights Agreement

    PureTech Health and certain other stockholders of the Issuer entered into an amended and restated investors’ rights agreement with the Issuer (the “Investor Rights Agreement”), dated as of March 15, 2019. Pursuant to the Investor Rights Agreement and subject to the terms and conditions therein, the parties agreed that:

    Registration Rights

    Following the closing of the IPO, the holders of a certain number of shares of Common Stock, or their transferees, are entitled to the registration rights set forth below with respect to registration of the resale of such shares of Common Stock under the Securities Act of 1933, as amended (the “Securities Act”) pursuant to the Investors Rights Agreement.

    Demand Registration Rights

    Beginning 180 days after the effective date of the registration statement for the IPO, upon the written request from the holders of at least 40% (or a lesser percent if the anticipated aggregate offering price, net of selling expenses, would exceed $10.0 million) of the outstanding registrable securities (as defined in the Investor Rights Agreement), the Issuer is required to file a registration statement and use commercially reasonable efforts to effect the registration of all or a portion of its registrable securities for public resale. The Issuer is required to effect only two registrations pursuant to this provision of the Investor Rights Agreement.

     

    6


    Form S-3 Registration Rights

    Pursuant to the Investor Rights Agreement, if the Issuer is eligible to file a registration statement on Form S-3, upon the written request of the holders of registrable securities, the Issuer is required to file a Form S-3 registration statement with respect to their registrable securities so long as the total amount of registrable securities requested to be registered has an anticipated aggregate offering price to the public, net of selling expenses, of least $5.0 million. The Issuer is required to effect only two registrations in any twelve-month period pursuant to this provision of the Investor Rights Agreement. The right to have such shares registered on Form S-3 is further subject to other specified conditions and limitations.

    Piggyback Registration Rights

    Pursuant to the Investor Rights Agreement, if the Issuer registers any securities either for its own account or for the account of other security holders, the holders of registrable securities are entitled to include their shares of Common Stock in the registration. Subject to certain exceptions contained in the Investor Rights Agreement, the Issuer and the underwriters may limit the number of shares of Common Stock included in the underwritten offering to the number of shares of Common Stock which the Issuer and the underwriters determine in its sole discretion will not jeopardize the success of the offering.

    Indemnification

    The Investor Rights Agreement contains customary cross-indemnification provisions, under which the Issuer is obligated to indemnify holders of registrable securities in the event of material misstatements or omissions in the registration statement attributable to it, and the holders of registrable securities are obligated to indemnify the Issuer for material misstatements or omissions attributable to them.

    Termination of Registration Rights

    The demand registration rights, short form registration rights and piggyback registration rights granted under the Investor Rights Agreement will terminate on the fifth anniversary of the completion of the IPO.

    The Investor Rights Agreement is more fully described in the prospectus filed in connection with the Issuer’s IPO and was filed as Exhibit 4.2 to the Issuer’s Form S-1 Registration Statement (File No. 333-231863), and such description is incorporated herein by reference.

    Except as disclosed herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons and any other person with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

    Item 7. Materials to be filed as Exhibits

     

    Exhibit

      

    Description

    1.    Joint Filing Agreement among PureTech Health LLC and PureTech Health plc.
    2.    Amended and Restated Investors’ Rights Agreement described in Item 6, filed as Exhibit 4.2 to the Issuer’s Form S-1 Registration Statement (File No. 333-231863) is incorporated herein by reference.

     

    7


    SIGNATURE

    After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

    Dated: February 10, 2021

     

    PURETECH HEALTH LLC

    By:

     

    /s/ Stephen Muniz

    Name:

     

    Stephen Muniz

    Title:

     

    Chief Operating Officer

    PURETECH HEALTH PLC

    By:

     

    /s/ Stephen Muniz

    Name:

     

    Stephen Muniz

    Title:

     

    Chief Operating Officer

     

    8


    Schedule I

    DIRECTORS AND EXECUTIVE OFFICERS OF

    PURETECH HEALTH PLC

    The name, function, citizenship and present principal occupation or employment of each of the directors and executive officers of PureTech Health plc are set forth below. Unless otherwise indicated below, (i) each occupation set forth opposite an individual’s name refers to employment with PureTech Health plc and (ii) the business address of each director and executive officer listed below is 6 Tide Street, Suite 400, Boston, MA 02210.

     

    Name

      

    Position with Reporting
    Person

      

    Principal Occupation

      

    Citizenship

    Daphne Zohar    Chief Executive Officer and Director    Chief Executive Officer    United States of America
    Raju Kucherlapati    Director    Professor, Harvard Medical School    United States of America
    John LaMattina    Director    Pharmaceutical Executive    United States of America
    Robert Langer    Director    Professor, Massachusetts Institute of Technology    United States of America
    Kiran Mazumdar-Shaw    Director    Founder and Chairperson, Biocon limited    India
    Marjorie Scardino    Director    Executive    United Kingdom
    Christopher Viehbacher    Chairman and Director    Managing Partner, Gurnet Point Capital    United States of America
    Stephen Muniz    Chief Operating Officer and Director    Chief Operating Officer    United States of America

    Bharatt Chowrira

      

    President, Chief of Business and Strategy and Director

      

    President and Chief of Business and Strategy

       United States of America
    Joseph Bolen    Chief Scientific Officer    Chief Scientific Officer    United States of America
    Eric Elenko    Chief Innovation Officer    Chief Innovation Officer    United States of America
    George Farmer    Chief Financial Officer    Chief Financial Officer    United States of America
    Joep Muijrers    Chief of Portfolio Strategy    Chief of Portfolio Strategy    The Netherlands

     

    9


    Schedule II

    The business and operations of PureTech Health LLC are managed by the executive officers and directors of its parent entity, PureTech Health plc, set forth on Schedule I attached hereto.

     

    10


    EXHIBIT INDEX

     

    Exhibit

      

    Description

    1.    Joint Filing Agreement among PureTech Health LLC and PureTech Health plc.
    2.    Amended and Restated Investors’ Rights Agreement described in Item 6, filed as Exhibit 4.2 to the Issuer’s Form S-1 Registration Statement (File No. 333-231863) is incorporated herein by reference.

     

    11


    Exhibit 1

    JOINT FILING AGREEMENT

    The undersigned hereby agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned, and any amendments thereto executed by the undersigned shall be filed on behalf of each of the undersigned without the necessity of filing any additional joint filing agreement. The undersigned acknowledge that each is responsible for the timely filing of such statement on Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness or accuracy of the information concerning the others of the undersigned, except to the extent that it knows or has reason to believe that such information is inaccurate or incomplete. This Joint Filing Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

    IN WITNESS WHEREOF, the undersigned have executed this Joint Filing Agreement as of February 10, 2021.

     

    PURETECH HEALTH LLC

    By:

     

    /s/ Stephen Muniz

     

    Name: Stephen Muniz

     

    Title: Chief Operating Officer

    PURETECH HEALTH PLC

    By:

     

    /s/ Stephen Muniz

     

    Name: Stephen Muniz

     

    Title: Chief Operating Officer

     

    12

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      9/9/24 7:42:36 AM ET
      $PRTC
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SVB Leerink reiterated coverage on PureTech Health with a new price target

      SVB Leerink reiterated coverage of PureTech Health with a rating of Outperform and set a new price target of $70.00 from $76.00 previously

      1/7/22 4:34:06 AM ET
      $PRTC
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SVB Leerink reiterated coverage on PureTech Health with a new price target

      SVB Leerink reiterated coverage of PureTech Health with a rating of Outperform and set a new price target of $76.00 from $74.00 previously

      8/25/21 4:40:14 AM ET
      $PRTC
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • PureTech Health: Notice of Results

      PureTech Health plc (NASDAQ:PRTC, LSE: PRTC)) ("PureTech" or the "Company") plans to publish its Annual Report and Accounts and financial results for the year ended December 31, 2024, on Wednesday, April 30, 2025. A presentation and conference call to discuss the results will take place at 9:00 AM EDT / 2:00 PM BST on the day of publication, and a webcast of the presentation will be available on the Company's website at https://investors.puretechhealth.com/events-presentations. About PureTech Health PureTech is a clinical-stage biotherapeutics company dedicated to giving life to new classes of medicine to change the lives of patients with devastating diseases. The Company has created a b

      4/23/25 2:00:00 AM ET
      $PRTC
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • PureTech's Deupirfenidone (LYT-100) Slowed Lung Function Decline in People with Idiopathic Pulmonary Fibrosis (IPF) as Measured by Forced Vital Capacity (FVC), Achieving the Primary and Key Secondary Endpoints in the ELEVATE IPF Phase 2b Trial

      Dose-ranging trial evaluated deupirfenidone 550 mg three times a day (TID) (approximately equivalent exposure to pirfenidone 801 mg TID1) and deupirfenidone 825 mg TID and successfully demonstrated dose-dependent response Decline in lung function seen with deupirfenidone 825 mg TID as a monotherapy was -21.5 mL; natural lung function decline expected in healthy adults >60 years is ~-15 to ~-25 mL2; decline in lung function with pirfenidone 801 mg TID was -51.6 mL Deupirfenidone 825 mg TID showed strong, consistent and durable efficacy with a treatment effect versus placebo of 80.9% with favorable tolerability, while pirfenidone 801 mg TID had a 54.1% treatment effect versus placebo De

      12/16/24 2:00:00 AM ET
      $PRTC
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • PureTech Health plc – Half-Year Report

      Strong progress across PureTech's portfolio, with significant near-term catalysts Robust shareholder returns enabled by Founded Entity1 monetization; $100 million Tender Offer and $50 million buyback completed Strong balance sheet with expected operational runway for at least three years Company to host a webcast and conference call today at 9:00am EDT / 2:00pm BST PureTech Health plc (NASDAQ:PRTC, LSE: PRTC))) ("PureTech" or the "Company"), a clinical-stage biotherapeutics company dedicated to changing the lives of patients with devastating diseases, today announces its half-yearly results for the six months ended June 30, 2024. The following information will be filed on Form 6-K w

      8/28/24 2:01:00 AM ET
      $AKLI
      $BMY
      $PRTC
      $VOR
      Medical/Dental Instruments
      Health Care
      Biotechnology: Pharmaceutical Preparations
      Biotechnology: Biological Products (No Diagnostic Substances)
    • PureTech Appoints Peel Hunt as Joint UK Corporate Broker

      PureTech Health plc (NASDAQ:PRTC, LSE: PRTC)) ("PureTech" or the "Company"), is pleased to announce that it has appointed Peel Hunt as Joint UK Corporate Broker alongside UBS. About PureTech Health PureTech is a clinical-stage biotherapeutics company dedicated to giving life to new classes of medicine to change the lives of patients with devastating diseases. The Company has created a broad and deep pipeline through its experienced research and development team and its extensive network of scientists, clinicians and industry leaders that is being advanced both internally and through its Founded Entities. PureTech's R&D engine has resulted in the development of 29 therapeutics and therapeut

      4/9/25 2:00:00 AM ET
      $PRTC
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • PureTech Founded Entity Seaport Therapeutics Appoints Robert J. Hombach to its Board of Directors as Audit Committee Chair

      Former Baxter and Baxalta Chief Financial Officer brings more than 30 years of biotech financial and operational experience PureTech Health plc (NASDAQ:PRTC, LSE: PRTC)) ("PureTech" or the "Company"), a clinical-stage biotherapeutics company, noted that its Founded Entity, Seaport Therapeutics, ("Seaport") a clinical-stage biopharmaceutical company that is advancing novel neuropsychiatric medicines with a proven strategy and team, today announced that Robert "Bob" J. Hombach has been appointed to its Board of Directors and will serve as the Chair of the Audit Committee. Mr. Hombach is a seasoned financial and operational executive with three decades of high-level leadership in the healthca

      3/11/25 7:05:00 AM ET
      $BAX
      $BMRN
      $EMBC
      $HSIC
      Medical/Dental Instruments
      Health Care
      Biotechnology: Pharmaceutical Preparations
      Medical Specialities
    • PureTech Appoints UBS as UK Corporate Broker

      PureTech Health plc (NASDAQ:PRTC, LSE: PRTC)) ("PureTech" or the "Company"), is pleased to announce that it has appointed UBS as its UK Corporate Broker. About PureTech Health PureTech is a clinical-stage biotherapeutics company dedicated to giving life to new classes of medicine to change the lives of patients with devastating diseases. The Company has created a broad and deep pipeline through its experienced research and development team and its extensive network of scientists, clinicians and industry leaders that is being advanced both internally and through its Founded Entities. PureTech's R&D engine has resulted in the development of 29 therapeutics and therapeutic candidates, includ

      1/6/25 2:00:00 AM ET
      $PRTC
      Biotechnology: Pharmaceutical Preparations
      Health Care