PureTech Health affiliate to launch IPO

PureTech Health said that affiliate company resTORbio has registered to launch an initial public offering of shares in the US.

The number of shares to be offered and the price range for the offering have not yet been determined, the company said.

resTORbio intends to list its common stock under the symbol "TORC" on The Nasdaq Global Market.

At 9:54am: (LON:PRTC) PureTech Health Plc share price was -2.25p at 147.75p