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PureTech Hopes For A Second Lightning Strike

 
• By Elizabeth Cairns

Emerging Company Profile: Seaport Therapeutics believes its technology can alter old drugs to remove their flaws. Just how closely can it follow the example set by Karuna?    

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PureTech Health plc has made no secret of its ambition to use Karuna Therapeutics, Inc. as a blueprint for the development of new portfolio companies. In Seaport Therapeutics, which formally launched yesterday with a $100m series A round, it is doing exactly that.

Seaport is aiming to treat disorders including depression and anxiety, where Karuna was focused on schizophrenia. But both follow the...

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