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IN BRIEF: PureTech Health data on fibrosis drug candidate positive

5th Sep 2022 11:40

PureTech Health PLC - Boston, Massachusetts-based clinical-stage biotherapeutics firm - Posts positive data from a phase 1 trial of its idiopathic pulmonary fibrosis drug candidate LYT-100, or deupirfenidone.

"This trial supports the dosages that were selected for the Phase 2 trial of LYT-100, which began in June 2022," firm explains.

Phase 1 data showed favourable tolerability and safety data. "The data from the Phase 1 trial demonstrated that LYT-100 showed a lower incidence of adverse events compared to pirfenidone at comparable exposure levels. LYT-100, or deupirfenidone, is a slightly changed form of pirfenidone.

Current stock price: 246.50 pence,

12-month change: down 30%

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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