The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

IN BRIEF: PureTech Health's LYT-100 performs well in Phase 1

Mon, 23rd Aug 2021 19:13

PureTech Health PLC - Boston, Massachusetts-based clinical-stage biotherapeutics - Notes Phase 1 data for LYT-100 shows treatment was well-tolerated when given twice-daily over multiple ascending doses with no maximum tolerated dose observed. LYT-100 is currently being evaluated in two Phase 2 trials in patients with Long Covid respiratory complications or breast cancer-related, upper limb secondary lymphedema, and planning is underway to potentially evaluate LYT-100 in IPF.

Head of Innovation at PureTech Michael Chen says: "These data further support the favourable tolerability profile of LYT-100 and have helped inform both our ongoing Phase 2 trials as well as potential future trials in additional indications, including idiopathic pulmonary fibrosis.

"LYT-100 is a deuterated form of pirfenidone, which retains the beneficial pharmacology of pirfenidone and also appears to have a favorable tolerability profile based on the preclinical and clinical data generated thus far. We believe this molecule has the potential to overcome the GI adverse events associated with the current standards of care and become the frontline treatment for patients with interstitial lung disease."

Current stock price: 333.50 pence

Year-to-date change: down 17%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News
21 May 2024 14:07

PureTech-founded Vedanta begins trials for VE303 colonic bacteria drug

(Alliance News) - PureTech Health PLC on Tuesday said that a company it founded and in which it maintains a stake had begun trials of a new treatment ...

20 May 2024 10:13

PureTech Health launches $100m tender offer

(Sharecast News) - Clinical-stage biotherapeutics company PureTech Health launched a proposed $100m tender offer on Monday, aiming to repurchase share...

20 May 2024 09:03

IN BRIEF: PureTech Health launches USD100 million buyback programme

PureTech Health PLC - London-based biotherapeutics company - Launches tender offer to repurchase shares for a maximum consideration of USD100 million....

10 May 2024 16:39

EARNINGS AND TRADING: Asiamet Resources declares special dividend

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately report...

10 May 2024 16:39

EARNINGS AND TRADING: Asiamet Resources declares special dividend

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately report...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.