Business StrategyPRTC operates a hybrid business model, allowing them to retain optionality to develop programs in-house or to deploy assets into spinoff companies in which PRTC retains ownership.
Clinical TrialsPRTC announced positive results from the Ph 2b ELEVATE study of LYT-100, which is seen as supportive of a role in the IPF landscape as an improvement to standard of care anti-fibrotics.
Drug EfficacyLYT-100 demonstrates meaningfully improved efficacy with roughly comparable-to-improved safety compared to standard pirfenidone.