PureTech Health plunges 21% after confirming proposal from Nektar Therapeutics (update)

Oct. 07, 2022 10:02 AM ETPureTech Health plc (PRTC), NKTRBy: Joshua Fineman, SA News Editor2 Comments

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Maksim Labkouski

Update 10:02am: Updates shares.

  • PureTech Health (NASDAQ:PRTC) dropped 21% after it confirmed receiving a non-binding proposal from Nektar Therapeutics (NASDAQ:NKTR) to combine. Nektar fell 4.3%.
  • PureTech and Nektar remain in discussions regarding the proposal, according to 6-K filing. There

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