PureTech Health

PureTech Health
Company type Public
Industry Healthcare
Founded 2005
Headquarters Boston, United States
Key people
Christopher Viehbacher (Chairman)
Daphne Zohar (CEO)
Products Medicines
Revenue Decrease $15.6 million (2022)
Decrease $(197.8) million (2022)
Increase $(37.4) million (2022)
Website puretechhealth.com

PureTech Health is a biotechnology company which develops medicines to combat serious diseases. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company was founded by Daphne Zohar, an American entrepreneur, in 2005. It was the subject of an initial public offering on the London Stock Exchange in June 2015.

Operations

Companies which PureTech Health founded include Karuna Pharmaceuticals, Gelesis, which has received FDA approval as a treatment for weight management, Akili Interactive Labs, which is developing a digital therapeutic platform for cognitive disorders, Vedanta Biosciences, which is developing drugs to treat autoimmune and inflammatory diseases, and Follica which is developing new treatments for androgentic alopecia among others. PureTech also has a pipeline of its own immunology, lymphatic and oncology based therapeutics.