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PRTC Puretech Health Plc

213.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Puretech Health Plc LSE:PRTC London Ordinary Share GB00BY2Z0H74 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 213.00 212.50 213.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Home Health Care Services 23.75M -50.35M -0.1839 -11.58 583.33M

PureTech Health Affiliate Entrega to Receive $5 Million for Eli Lilly Collaboration

19/12/2017 10:30am

Dow Jones News


Puretech Health (LSE:PRTC)
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By Oliver Griffin

 

PureTech Health PLC (PRTC.LN) said Tuesday that affiliate company Entrega will receive $5 million after entering a research-collaboration agreement with Eli Lilly & Co. (LLY).

Entrega will receive the sum in equity and research funding from Eli Lilly, allowing it to investigate the application of its peptide-delivery technology to Eli Lilly products and therapeutic candidates, PureTech said.

The agreement does not grant Eli Lilly a development or commercialization license for the Entrega technology, PureTech added.

Shares in PureTech Health at 0949 GMT were up 4%, or 5 pence, at 145.00 pence.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

December 19, 2017 05:15 ET (10:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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