PureTech
| Industry | Healthcare |
|---|---|
| Founder | Daphne Zohar, Robert Langer, John Zabriskie, David Elmaleh, and Ben Shapiro |
| Headquarters | Boston, Massachusetts |
| Website | PureTech website |
PureTech is a cross-disciplinary healthcare technology R&D company located in Boston, Massachusetts. The company identifies health care problems and works with employees, therapeutic area experts, and external partners to develop potential solutions.[1]
Company overview
PureTech was founded by Daphne Zohar, John Zabriskie, and Robert Langer. Mark Ratner described PureTech in Nature Biotechnology as a firm that searches for "opportunity in forming companies around early-stage assets".[2][3] Inc. Magazine described it as "an 'institutional founder,' which means it conceptualizes, incubates and founds companies".[4]
Senior Partners at the firm include John LaMattina, former president of Pfizer Global Research and Development, MIT’s Robert Horvitz, Harvard’s Raju Kucherlapati, Joi Ito, director of the MIT Media Lab, former Sanofi CEO Christopher Viehbacher, and co-founder Bennett Shapiro, former executive vice president of worldwide licensing and external research at Merck.[3][5][1] David R. Elmaleh is another advisor and cofounder.[3][6]
Recent news
In May 2015 PureTech announced an IPO on the London Stock Exchange with the aim of raising $160 million to fund product development.[7]
Portfolio
PureTech currently has 12 companies in its pipeline,[8] they include:
- Vedanta Biosciences: developing microbiome-derived therapies for the treatment of infectious diseases, allergies and autoimmune disorders;[9][10][11]
- Gelesis: a clinical stage company developing a weight loss pill that swells in the stomach and curbs appetite before passing harmlessly through the digestive system;[12][13][14]
- Akili Interactive Labs: a clinical stage company “developing a platform for remotely diagnosing and treating cognitive disorders”[15][16][17] like ADHD, autism spectrum disorders, and Alzheimer’s disease;
- The SYNC Project: developing a platform that will scientifically measure how music effects the human body in an effort to treat conditions such as depression, fatigue, insomnia and autism;[18][19][20]
- Entrega: developing a novel kind of pill that allows for the oral delivery of injectable drugs like insulin;[21]
- Tal Medical: a clinical stage company developing a medical device “which uses a low-strength magnetic field” to reboot electrical circuits in the brain and “alleviate the symptoms of depression;”[22][23]
- Follica: a clinical stage company which harnesses advances in epithelial stem cell biology to develop treatments for male and female pattern baldness;[24][25][26] and
- Karuna: a clinical stage company developing a mechanism-of-action therapeutic for treating schizophrenia.[27]
References
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