PureTech Health (PRTC)

Sector:

Pharma and Biotech

Index:

FTSE 250

162.00p
   
  • Change Today:
      0.20p
  • 52 Week High: 237.50p
  • 52 Week Low: 140.40p
  • Currency: UK Pounds
  • Shares Issued: 239.42m
  • Volume: 496,505
  • Market Cap: £387.86m
  • Beta: 0.94

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 162.00p
Change Today 0.20p
% Change 0.12 %
52 Week High 237.50p
52 Week Low 140.40p
Volume 496,505
Shares Issued 239.42m
Market Cap £387.86m
Beta 0.94

PRTC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
2.22% below the market average2.22% below the market average2.22% below the market average2.22% below the market average2.22% below the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average
Price Trend
49.04% below the market average49.04% below the market average49.04% below the market average49.04% below the market average49.04% below the market average
2.04% below the sector average2.04% below the sector average2.04% below the sector average2.04% below the sector average2.04% below the sector average
Income Not Available
Growth
69.3% below the market average69.3% below the market average69.3% below the market average69.3% below the market average69.3% below the market average
70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
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 21-Nov-2024

Time Volume / Share Price
16:43 3,441 @ 162.00p
16:29 493 @ 162.60p
16:29 17 @ 162.60p
16:29 153 @ 162.60p
16:28 659 @ 162.60p

PRTC Key Personnel

Chair Raju Kucherlapati
CEO Bharatt Chowrira

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