The Wellcome Trust has awarded $8 million to PureTech’s Karuna to take its schizophrenia drug into mid-stage trials. Karuna, which is an affiliate of PureTech Health, was granted the funding ...
The Wellcome Trust is also making a further long-term commitment ... However manufacturing of the drug remains a challenge, and the firm currently has no more supplies to provide for treatment.
The Wellcome Trust now has an asset base of more than £ ... expertise and experience in drug discovery and development, business planning and links with the pharmaceutical and investment communities.