Puretech Health Plc (Puretech), a subsidiary of Royalty Pharma Plc, is a biotherapeutics company that discovers, develops, and commercializes drugs to treat lung dysfunction, immuno-oncology, lymphatic, neurological and neuropsychological disorders. The company is pipeline products include LYT-100 (deupirfenidone), targeting inflammation and fibrosis, lymphedema, and SARS-CoV-2 respiratory problems; LYT-200, a human monoclonal antibody for the treatment of pancreatic ductal adenocarcinoma (PDAC), colorectal cancer (CRC) and cholangiocarcinoma (CCA); and LYT-210, a gamma delta-1 T cell receptor against solid tumors. It is also evaluating LYT-300, oral allopregnanolone for neurological indications. Puretech works in collaboration with pharmaceutical and biotechnology companies to develop its products. Puretech is headquartered in Boston, Massachusetts, the US.
Puretech Health Plc premium industry data and analytics
Products and Services
Products |
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Pipeline |
LYT-100 - Inflammation and Fibrosis, Lymphedema and SARS-CoV-2 |
LYT-200 - Solid Tumors |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Financing Agreements | In April, the company along with ARCH Venture Partners, Sofinnova Investments, and Third Rock Ventures invested US$100 million in Seaport Therapeutics. |
2023 | Divestiture | In March, the company sold its interest in KarXT royalty to Royalty Pharma. |
2022 | Others | In October, the company terminated the agreement to merge with Nektar Therapeutics. |
Competitor Comparison
Key Parameters | Puretech Health Plc | Boehringer Ingelheim International GmbH | Horizon Therapeutics Plc | United Therapeutics Corp | Sage Therapeutics Inc |
---|---|---|---|---|---|
Headquarters | United States of America | Germany | Ireland | United States of America | United States of America |
City | Boston | Ingelheim am Rhein | Dublin | Silver Spring | Cambridge |
State/Province | Massachusetts | Rheinland-Pfalz | - | Maryland | Massachusetts |
No. of Employees | 111 | 53,000 | 2,190 | 1,168 | 487 |
Entity Type | Public | Private | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Christopher Viehbacher | Chairman | Executive Board | 2019 | - |
Daphne Zohar | Chief Executive Officer; Director | Executive Board | 2005 | - |
Bharatt Chowrira, Ph.D. | Director; President; Chief Business, Finance and Operating Officer | Executive Board | - | - |
Simona Levi, Ph.D. | Corporate Secretary; Chief Legal Officer | Senior Management | 2021 | - |
Julie Krop, M.D. | Chief Medical Officer | Senior Management | 2021 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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