PureTech Health (PRTC)

Sector:

Pharma and Biotech

Index:

FTSE Small Cap

122.20p
   
  • Change Today:
    -2.20p
  • 52 Week High: 237.50
  • 52 Week Low: 103.00
  • Currency: UK Pounds
  • Shares Issued: 240.19m
  • Volume: 105,411
  • Market Cap: £293.51m

Puretech Health confirms possible tie-up with Nektar Therapeutics

By Michele Maatouk

Date: Friday 07 Oct 2022

LONDON (ShareCast) - (Sharecast News) - PureTech Health said on Friday that it has exchanged indicative, non-binding proposals with US biopharmaceutical company Nektar Therapeutics regarding a possible combination.
Responding to press speculation a day earlier, PureTech said that it remains in discussions with Nektar about the proposal.

There can be no certainty that any firm offer will be made, nor as to the terms of any such offer, it said, adding that a further announcement will be made as and when appropriate.

Under UK takeover rules, Nektar has until 1700 BST on 3 November to either announce a firm intention to make an offer for the company or walk away.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PRTC Market Data

Currency UK Pounds
Share Price 122.20p
Change Today -2.20p
% Change -1.77 %
52 Week High 237.50
52 Week Low 103.00
Volume 105,411
Shares Issued 240.19m
Market Cap £293.51m

PRTC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.36% above the market average12.36% above the market average12.36% above the market average12.36% above the market average12.36% above the market average
65.96% above the sector average65.96% above the sector average65.96% above the sector average65.96% above the sector average65.96% above the sector average
Price Trend
59.83% below the market average59.83% below the market average59.83% below the market average59.83% below the market average59.83% below the market average
20.83% below the sector average20.83% below the sector average20.83% below the sector average20.83% below the sector average20.83% below the sector average
Income Not Available
Growth
66.19% below the market average66.19% below the market average66.19% below the market average66.19% below the market average66.19% below the market average
81.25% below the sector average81.25% below the sector average81.25% below the sector average81.25% below the sector average81.25% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PRTC Dividends

No dividends found

Trades for 16-Apr-2025

Time Volume / Share Price
10:25 689 @ 122.37p
10:17 146 @ 122.20p
10:17 500 @ 122.20p
09:53 3,602 @ 122.14p
09:53 401 @ 122.54p

PRTC Key Personnel

Chair Raju Kucherlapati
CEO Bharatt Chowrira

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