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PureTech Health Gets $29 Mln Milestone Payment

FDA approves PureTech’s KarXT to treat schizophrenia in adults

PureTech Health has obtained approval from the US Food and Drug Administration (FDA) for KarXT to treat schizophrenia in adults. With this approval, the company is entitled to receive two separate payments totalling $29m from Royalty Pharma and Karuna Therapeutics,

Business Insider · 6d

FDA Approves KarXT To Treat Schizophrenia; PureTech Health Gets $29 Mln Milestone Payment

This approval triggers 2 milestone payments totaling $29 million, as per agreements with Royalty Pharma and PureTech's founded entity, Karuna Therapeutics, which was acquired by Bristol Myers Squibb (BMS) in March of 2024. Royalty Pharma had acquired an interest in PureTech's royalty in KarXT.

Fox News · 6d

New schizophrenia drug gets FDA approval, taking novel approach to treating brain disorder

On Thursday, the U.S. Food and Drug Administration approved COBENFY, an oral medication that marks the first new class of drugs for schizophrenia in more than 30 years.

PureTech Systems Inc. Awarded Major Command and Control Contract by U.S. Government to Enhance National Security

PureTech Systems Inc., an established leader in geospatial AI-boosted video analytics for autonomous wide-area perimeter and ...

PureTech Health (PRTC) Gets a Buy from Leerink Partners

In a report released on September 27, Faisal Khurshid from Leerink Partners reiterated a Buy rating on PureTech Health (PRTC – Research ...

Morningstar6d

PureTech-Invented KarXT Receives U.S. Food and Drug Administration Approval for the Treatment of Schizophrenia in Adults

Milestone triggers payments to PureTech totaling $29 million under agreements with Royalty Pharma and PureTech’s Founded Entity, Karuna Therapeutics, which was acquired by Bristol Myers Squibb ...

PureTech to Present at CHEST 2024 Annual Meeting

Presentation Title: Comparing experiences at interstitial lung disease (ILD) centers and community practices (CP) from the perspective of people with idiopathic pulmonary fibrosis (IPF) Session: Oral ...

pharmaphorum29d

PureTech's device could rival Saxenda in obesity market

PureTech also argues the device has a favourable safety profile, as its active ingredients do not enter the bloodstream, thereby giving it a safety profile similar to placebo.

Security7d

PureTech Systems awarded contract to help secure critical international waterway

PureActiv will deploy across multiple locations to detect unauthorized access as ships travel through the waterway system.

Business Wire28d

PureTech Founded Entity Vor Bio Announces New Clinical Data Validating Approach of Using Shielded Transplants to Deliver Targeted Therapies

BOSTON--(BUSINESS WIRE)--PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) ("PureTech" or the "Company"), a clinical-stage biotherapeutics company dedicated to changing the lives of patients with ...

Hosted on MSN3d

New Citroen Aircross SUV launched in India at Rs 8.49 lakh

New Citroen Aircross SUV has come with several improvements to enhance its safety, comfort and overall driving experience.

Security7d

PureTech Systems adds Access Control Auto-Verify to eliminate nuisance alarms

The PureActiv enhancement automatically validates access control security violations and dismisses nuisance alarms.

Citroen C3 Automatic Launched - Starts From Rs 10L, More Performance

Only the top-spec Shine trim gets automatic gearbox variant with prices starting from Rs 10 lakh (Ex-sh). Buyers can also ...

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