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Hub-And-Spoke Pioneer PureTech's Strategy Paying Off

Insights From CEO Daphne Zohar

 
• By Kevin Grogan

The concept of a parent company with operating subsidiaries is becoming increasing common in biotech. The first to do it, Daphne Zohar, who co-founded PureTech back in 2005, tells Scrip how the company has made that model work.

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Daphne Zohar • Source: PureTech

The 'hub-and-spoke' business model in biotech, where a parent company provides support to affiliated firms focused on specific therapeutic areas, has become more widespread with the likes of BridgeBio Pharma, Inc., Roivant Sciences and Centessa Pharmaceuticals plc moving forward, but the pioneer of the model PureTech Health plc, continues to lead the way.

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