PureTech Health (GB:PRTC) has released an update.
PureTech Health PLC has reported a strong first half of 2024, with a solid financial position, returning $150 million to shareholders and expecting significant pipeline milestones. The company anticipates a decision on the FDA approval of KarXT, potential blockbuster LYT-100 results for idiopathic pulmonary fibrosis by year-end, and progress in other clinical programs. With a promising drug discovery model and a three-year operational runway, PureTech remains focused on delivering innovative therapies and enhancing shareholder value.
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