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Pin to quick picksPureTech Share News (PRTC)

Share Price Information for PureTech (PRTC)

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Share Price: 222.00
Bid: 220.00
Ask: 223.00
Change: 3.00 (1.37%)
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Open: 223.00
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PureTech Health Affiliate C Diff Infection Phase 1 Study Successful

Thu, 04th Oct 2018 11:25

LONDON (Alliance News) - PureTech Health PLC said Thursday affiliate Vedanta Biosciences preliminary results from its clostridium difficile infection study showed the drug is "safe and well-tolerated".

The "successful" phase 1a/1b clinical study in healthy volunteers for its lead, orally-administered live biotherapeutic product showed "rapid, abundant, and durable intestinal colonisation of the VE303 strains".

According to PureTech, this demonstrated a "proof of mechanism for this product candidate consisting of a defined consortium of human microbiome-derived bacteria".

A phase 2 study in the therapeutic indication is expected to begin before the end of the year.

Chief Scientific Officer Joseph Bolen said: "We know that a community of microbes - versus a single strain - is required to re-establish a healthy microbiome since these bacteria work in concert with each other to promote the growth of beneficial bacteria and reduce the levels of pathogenic bacteria. This is the foundation for Vedanta's consortia-based approach, which is now supported by these results and the fact that we were able to track the robust and durable colonisation of each bacterial strain comprising VE303.

"This rational development of proprietary microbiome-based drugs is the hallmark of Vedanta's pipeline, which is expected to include three additional clinical-stage product candidates in IBD, in partnership with Janssen, food allergy, and cancer immunotherapy within the next nine months."

Shares in PureTech were down 0.1% Thursday at 164.53 pence each.

More News
28 Jun 2022 14:45

IN BRIEF: PureTech Health's founded firm Vedanta launches new facility

PureTech Health PLC - Boston, Massachusetts-based clinical-stage biotherapeutics firm - Announces that its founded firm Entity Vedanta Biosciences Inc launches a new manufacturing facility. The facility will "provide clinical and commercial supply of oral therapies" for people infected with a diarrhoea-causing bacteria, firm says.

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21 Jun 2022 14:24

IN BRIEF: PureTech Health's Gelesis wins USD15 million Plenity order

PureTech Health PLC - Boston, Massachusetts-based clinical-stage biotherapeutics - Investee Gelesis Holdings Inc receives another USD15 million pre-order for its weight management aid product Plenity from its distribution partner, New-York based telehealth firm Ro. It brings the total orders from Ro to USD55 million, out of which USD45 million was ordered in the last 12 months, PureTech Health adds.

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14 Jun 2022 16:54

IN BRIEF: PureTech achieves availability milestone for LYT-300 study

PureTech Health PLC - Boston, Massachusetts-based clinical-stage biotherapeutics - Announces results from phase two study of LYT-100-COV on patients with post acute or long Covid with respiratory complications.

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14 Jun 2022 07:33

PureTech reports 'Glyph' milestone, disappointing long Covid results

(Sharecast News) - PureTech Health said on Tuesday that it had met a milestone in proving its 'Glyph' therapeutic platform, while separately announcing disappointing results from a study into long Covid.

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1 Jun 2022 18:21

TOP NEWS: Centrica warms up for FTSE 100 as Royal Mail sent packing

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 20 after completing its quarterly review.

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25 May 2022 10:18

Centrica and Johnson Matthey indicated to join FTSE 100, Asos in 250

(Alliance News) - British Gas-owner Centrica PLC and chemical firm Johnson Matthey PLC are set to return to the FTSE 100 index next month, replacing television broadcaster ITV PLC and postal operator Royal Mail PLC, according to indicative changes released by FTSE Russell on Tuesday.

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5 May 2022 12:11

LONDON MARKET MIDDAY: Pound slips as BoE opts for quarter-point hike

(Alliance News) - Stock prices in London were higher, while the pound was flat, on Thursday, after the Bank of England as expected raised UK interest rates by a quarter percentage point.

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5 May 2022 11:18

IN BRIEF: PureTech shares rise as unveils USD50 million share buyback

PureTech Health PLC - Boston, Massachusetts-based clinical-stage biotherapeutics - Approves share buyback of up to USD50 million. Programme follows "follows consultation with shareholders and is consistent with PureTech's capital allocation strategy and stated approach to drive additional value for its shareholders," company says. PureTech says it had USD413.2 million of net cash and cash equivalents at March 31. Given size of balance sheet, PureTech is confident it can return capital to shareholders and also maintain "sufficient cash on hand to deliver" on strategic priorities.

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5 May 2022 10:09

PureTech to buy back up to $50m of shares

(Sharecast News) - PureTech Health has announced a $50m share buyback programme, sending shares in the FTSE 250 biotech sharply higher.

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4 May 2022 13:35

PureTech entity Gelesis reports positive data for weight loss drug

(Alliance News) - Boston-based biotechnology company PureTech Health PLC's founded entity Gelesis Holdings Inc said on Wednesday that its weight loss drug showed positive responses in adults in clinical trials.

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27 Apr 2022 09:42

LONDON BROKER RATINGS: Bank of America cuts Melrose, raises Spectris

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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26 Apr 2022 18:03

TRADING UPDATES: Billington faces headwinds; Immotion plans spin-off

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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19 Apr 2022 16:02

UK earnings, trading statements calendar - next 7 days

Wednesday 20 April  
888 Holdings PLCTrading Statement
Bunzl PLCTrading Statement
Carr's Group PLCHalf Year Results
Centamin PLCTrading Statement
Hunting PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
John Wood Group PLCFull Year Results
Oxford Biomedica PLCFull Year Results
Petra Diamonds LtdTrading Statement
Quilter PLCTrading Statement
Thursday 21 April 
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Antofagasta PLCTrading Statement
Bonhill Group PLCFull Year Results
Churchill China PLCFull Year Results
DP Poland PLCTrading Statement
essensys PLCHalf Year Results
Foxtons Group PLCTrading Statement
Gem Diamonds LtdTrading Statement
LBG Media PLCFull Year Results
Man Group PLCTrading Statement
PensionBee Group PLCQ1 Results
Relx PLCTrading Statement
Rentokil Initial PLCTrading Statement
Serica Energy PLCFull Year Results
XPS Pensions Group PLCTrading Statement
Friday 22 April 
Alphawave IP Group PLCFull Year Results
Petropavlovsk PLCTrading Statement
Record PLCTrading Statement
Serabi Gold PLCFull Year Results
Zinc Media Group PLCFull Year Results
Monday 25 April 
Access Intelligence PLCFull Year Results
Arecor Therapeutics PLCFull Year Results
Audioboom Group PLCFull Year Results
CentralNic Group PLCTrading Statement
Chapel Down Group PLCFull Year Results
Lok'n Store Group PLCHalf Year Results
Vector Capital PLCFull Year Results
Tuesday 26 April 
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Billington Holdings PLCFull Year Results
Corero Network Security PLCFull Year Results
Focusrite PLCHalf Year Results
Futura Medical PLCFull Year Results
Gaming Realms PLCFull Year Results
Hochschild Mining PLCTrading Statement
HSBC Holdings PLCQ1 Results (at 0500 BST)
Immotion Group PLCFull Year Results
IWG PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Learning Technologies Group PLCFull Year Results
National Express Group PLCTrading Statement
Northcoders Group PLCFull Year Results
Nostrum Oil & Gas PLCFull Year Results
PureTech Health PLCFull Year Results
RWS Holdings PLCHalf Year Results
Taylor Wimpey PLCFull Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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13 Apr 2022 18:47

TRADING UPDATES: BlueRock output rises; Watkin Jones profit to fall

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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12 Apr 2022 21:51

TRADING UPDATES: Gore Street fundraise; Pathfinder mulls disposal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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