Phase 2b Trial Success for Deupirfenidone
Unprecedented results from PureTech's successful Phase 2b trial of deupirfenidone for Idiopathic Pulmonary Fibrosis (IPF), showing potential to stabilize lung function decline over 52 weeks.
FDA Approval of COBENFY
FDA approval of COBENFY for the treatment of schizophrenia in adults, marking a major validation for PureTech's scientific foundation.
Strong Financial Position
PureTech ended 2024 with cash, cash equivalents, and short-term investments of $366.8 million, ensuring financial runway into 2027.
Successful Fundraising by Founded Entities
Founded entities raised $397.5 million in 2024, with over 88% from third-party investors, supporting PureTech's hub-and-spoke R&D model.
Positive Clinical Data for LYT-200
LYT-200 showed favorable tolerability and evidence of clinical efficacy in a Phase 1b trial for AML and MDS, with six complete responses achieved.