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IN BRIEF: PureTech hails schizophrenia trial results for Karuna drug

Fri, 17th Nov 2023 09:44

PureTech Health PLC - Boston, Massachusetts-based FTSE 250 biotechnology company - Founded entity Karuna Therapeutics reports "positive results" from Phase 1b trial evaluating the effects of xanomeline-trospium, brand name KarXT, on 24-hour ambulatory blood pressure in adults with schizophrenia. Karuna says KarXT does not cause clinically meaningful blood pressure increases, with an average change from baseline at week eight of minus 0.59 mmHg or millimetre of mercury. Other vital signs like average diastolic blood pressure and heart rate were consistent with previous KarXT trials in schizophrenia. Adds that KarXT was generally well-tolerated, and side effects remained consistent with prior trials under the Emergent programme. Karuna in late September announced its application to the US Food & Drug Administration for approval of KarXT to treat schizophrenia; if successful, it will be PureTech's third therapeutic candidate to gain FDA approval. KarXT is also in development to treat psychosis associated with Alzheimer's disease.

Current stock price: 178.00 pence, up 0.5% in London on Friday morning

12-month change: down 25%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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16 Oct 2019 13:42

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PureTech secures remaining 10% of Ariya Therapeutics

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9 Sep 2019 13:04

PureTech Chair Ito Resigns Amid MIT Media Lab Epstein Funding Scandal

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20 Aug 2019 15:54

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17 Jul 2019 11:47

PureTech Health Acquires LYT-100 Product Candidate To Treat Lymphedema

(Alliance News) - PureTech Health PLC on Wednesday said it has acquired LYT-100 for the potential treatment of lymphatic and immunofibrotic diseases.LYT-100 was acquired from an undisclosed

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11 Jul 2019 08:18

PureTech Health Mulling Listing ADSs On Nasdaq Alongside London

(Alliance News) - PureTech Health PLC is exploring a listing of American depositary shares on the Nasdaq exchange in New York, it said Thursday, which would be backed up by an offering of new a on

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9 Jul 2019 12:55

PureTech Health Receives US Patent For Immuno-Oncology Candidate

(Alliance News) - PureTech Health PLC said Tuesday the US Patent & Trademark Office has issued a patent covering the company's internal immuno-oncology product candidate, said the patent a

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3 Jul 2019 12:48

PureTech Health's Karuna Raises USD103 Million In US IPO

(Alliance News) - PureTech Health PLC said Wednesday that affiliate Karuna Therapeutics Inc has raised USD102.6 million in its initial public offering on the Nasdaq Global Market.PureTech a

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28 Jun 2019 13:23

PureTech Health Investee Karuna Therapeutics Joins Nasdaq

(Alliance News) - PureTech Health PLC affiliate Karuna Therapeutics Inc is to raise nearly USD90 million in its listing on the Nasdaq, PureTech said Friday.Karuna will offer 5.6 million new

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13 Jun 2019 15:19

Positive Results From PureTech Affiliate Male Pattern Hair Loss Study

(Alliance News) - PureTech Health PLC on Thursday said its Follica affiliate is planning a pivotal study after positive data in patients with male pattern hair loss.Shares in company were a

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3 Jun 2019 14:19

PureTech Health Affiliate Karuna To List On Nasdaq (ALLIPO)

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22 May 2019 16:10

UK Shareholder Meetings Calendar - Next 7 Days

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20 May 2019 11:24

Encouraging GS500 Prototype Study By PureTech Affiliate Gelesis

LONDON (Alliance News) - Biopharmaceutical firm PureTech Health PLC on Monday said its Gelesis affiliate has announced "promising clinical data" from a study of a GS500 prototype in has

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